Healthcare DIVE September 19, 2017
Under the reality of softening patient admissions and insurers pushing customers to lower acuity environments, providers are looking toward urgent care investments.
Second quarter earnings were not kind to most providers. Whether it was continued losses, flattening revenues or weaker-than-anticipated results, most providers felt a sting or two as the earnings season wrapped up.
Tenet Health reported a net loss of $56 million while Community Health Systems (CHS) reported a $137 million loss in Q2 2017, and that’s an improvement from a loss of $1.4 billion during the same period last year.
It’s clear healthy hospital financials largely depend on admissions numbers. HCA Holdings reported revenues in the black at $10.32 billion, bolstered by admissions growth, but the company...
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