After facing multiple issues for several quarters, hospital companies are witnessing improving market conditions thanks to the easing staffing challenges and increasing non-Covid utilization, Zacks Equity Research reports. As serious medical conditions continue to rise, outpatient surgeries and patient days are likely to increase, boosting Zacks Medical-Hospital industry players’ revenues. However, growing competition in this market remains a common theme. Technological innovations and adoptions are expected to provide companies with a competitive edge and improve efficiency. Leading industry players like HCA Healthcare, Universal Health Services, Acadia Healthcare and Tenet Healthcare should benefit from these developments. Read more.
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