...A. Overview: In the face of the highest surge yet of COVID-19 pandemic, finished the year with strong financial results in 4Q. 1. 2. Results were driven, once again, by highly acute inpatient volumes, coupled with solid cost management. 3. In the qtr., HCA hospitals provided care to 56,000 COVID-19 inpatients, up 40% over 3Q. 4. Since March, has delivered care to 122,000 inpatients with the virus, representing 8% of total admissions. 5. Currently, HCA hospitals continue to treat many patients with COVID-19 since its levels have begun to decline over past few weeks. B. 4Q20 Review: Revenues in 4Q grew by $770m or 5.7% over the prior year, driven by: 1. Growth in inpatient revenues up 12%. a. b. Revenue per admission grew 16%. c. Admits down 3.4%. 2. Acuity within inpatient business was higher as reflected in both case mix index, which increased almost 7%, and length of stay, which grew by 6%. 3. Outpatient revenue continued to lag as volume declined across most categories....
