Major hospital chain executives say they’re confident revenue growth and volume recovery are on the horizon, although whether business will pick up in the short term is largely up to whether the country will see another major surge before the end of the year, Fierce Healthcare reports.
Speaking at the Bank of America Securities Healthcare Conference, executives from Community Health Systems (CHS) and HCA Healthcare pointed to first-quarter high acuity volumes, such as surgeries, that were roughly on par or above 2019 numbers.
CHS CEO Tim Hingtgen said much of his system’s high acuity volume during the first quarter was concentrated in March, suggesting that these services were deferred during January’s omicron surge but are still in high enough demand to be rescheduled whenever capacity permits—a trend he said the system has seen consistently across the pandemic’s surges. Read more.
