Major for-profit health systems Tenet Healthcare and HCA Healthcare say their bets on higher-acuity service lines are looking sound even if COVID-19 patient volumes continue to taper off.
Industry reports had long pegged COVID-19 admissions as a key driver of metrics such as acuity and length-of-stay, which in turn increased hospitals’ per-admission revenue and expenses alike, Fierce Healthcare reports.
Tenet and HCA alike have been adapting their hospital service lines over the past couple of years to treat these high-revenue patients at greater cost efficiency, with a particular focus on surgical volumes that can deliver greater margins.
Speaking in separate presentations at this week’s Credit Suisse Healthcare Conference, executives from the two organizations said they’re still committed to their high acuity strategies. Read more.
