Zacks Industry Outlook Highlights HCA Healthcare, Universal Health Services, Acadia Healthcare and Tenet Healthcare

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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PA Lawmakers go After UPMC

The American Economic Liberties Project, a nonpartisan organization established in 2020, published an 18-page report on the nonprofit health system, titled "Critical Condition: How UPMC's Monopoly Power Harms Workers and Patients."