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Monday, October 26, 2020

HCA Expects 4-5% Of Total Patient Admissions In 2021 to Be COVID-19 Related

HCA SAW CONTINUED IMPROVEMENT IN ADMISSIONS TREND IN OCTOBER: CONF CALL

* SERVED 40,000 COVID-19 PATIENTS IN QUARTER, WHO MADE UP 8% OF TOTAL PATIENTS: CONF CALL

* HIGHER ACUITY & REVENUE INTENSITY RESULTS IN QUARTER OFFSET IMPACT OF PATIENT VOLUME DECLINES: CONF CALL

* BELIEVE WE WILL CONTINUE TO TREAT COVID-19 PATIENTS THROUGHOUT 2021: CONF CALL

* EXPECT 4-5% OF TOTAL PATIENT ADMISSIONS IN 2021 WILL BE RELATED TO COVID-19: CONF CALL

* HCA SAYS OVER LAST 2 QUARTERS, COVID-19 PATIENTS HAVE REPRESENTED APPROX 6% OF TOTAL ADMISSIONS: CONF CALL

* PRELIM EXPECTATIONS FOR ADJUSTED EBITDA FOR 2021 COULD LOOK SIMILAR TO OUR ORIGINAL 2020 FORECAST: CONF CALL

https://www.marketscreener.com/quote/stock/HCA-HEALTHCARE-INC-7534808/news/HCA-Expects-4-5-Of-Total-Patient-Admissions-In-2021-will-Be-Related-To-COVID-19-CONF-CALL-31615268/

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