HCA Healthcare Inc Q1 2021 Earnings Call Summary - Thomson StreetEvents

HCA Healthcare Inc Q1 2021 Earnings Call Summary

HCA Healthcare Inc Q1 2021 Earnings Call Summary - Thomson StreetEvents
HCA Healthcare Inc Q1 2021 Earnings Call Summary
Published Apr 22, 2021
15 pages (8258 words) — Published Apr 22, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of HCA.N earnings conference call or presentation 22-Apr-21 2:00pm GMT

  
Brief Excerpt:

...A. Overview: As COVID-19 pandemic continued to surge, Co. started the year with strong financial results in 1Q. 1. Results were driven by better-than-expected revenue growth and improved operating margins. a. 2. Revenues grew over $1.1b or 8.7% YoverY. Growth was generated by highly acute inpatient volumes, better payer mix, and a rebound in surgical and outpatient volumes in March. a. 3. March trends are continuing into April. 4. Inpatient revenues increased 12%. Acuity within inpatient business was higher as reflected in both case mix index, which increased 7% and length of stay, which grew 6%. a. b. Commercial admits inside of domestic operations represented 29% of total admits vs. 26.5% last year. Commercial payer mix has been consistently around this level for past four quarters. i. c. Aforementioned two factors combined explain the 17% increase in inpatient revenue per admission. 5. Total admits down 4.2% YoverY....

  
Report Type:

Brief

Source:
Company:
HCA Healthcare Inc
Ticker
HCA.N
Time
2:00pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "HCA Healthcare Inc Q1 2021 Earnings Call Summary" Apr 22, 2021. Alacra Store. May 21, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2021-HCA-Healthcare-Inc-Earnings-Call-B14642905>
  
APA:
Thomson StreetEvents. (2021). HCA Healthcare Inc Q1 2021 Earnings Call Summary Apr 22, 2021. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2021-HCA-Healthcare-Inc-Earnings-Call-B14642905>
  
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