...A. Highlights: COVID-19 pandemic continue to influence results in 1Q22 with Omicron surge, which slowed in middle of qtr. 1. More significantly, challenging labor market pressured margins, as cost of labor increased more than Co. expected vs. 1Q21. a. 2. In face of these challenges, however, had number of positive volume and revenue indicators that were encouraging. 3. Vs. 1Q21: Same facility admissions increased 2%. a. b. Provided care to approx. 49,000 COVID-19 inpatients, which represented approx. 10% of total admissions consistent with prior year. c. Non-COVID admissions grew 2.2%. Growth occurred in Feb. and March. i. d. Inpatient surgeries grew approx. 1%. e. Across inpatient business, acuity levels and payer mix continue to be strong. f. Outpatient volumes rebounded strongly. g. Same facility emergency room visits grew 15%. h. Same facility outpatient surgeries grew nearly 7%. i. Outpatient cardiac-related procedures grew by approx. 7%. 4. Continues to believe that overall demand...
