Discover and read the best of Twitter Threads about #jpm21

Most recents (2)

Interesting batch of data from Cano Health this morning, for those following the risk-bearing provider segment (or Medicare Advantage in general).

>110K patients under management, with a clear focus on the Hispanic population. And (twist!), the company is highly profitable. Image
Cano might be the clearest example I've seen of a large risk-bearing provider focused on a specific demographic group: elderly Hispanic patients.

In practice, that means that, per Cano, 80% of patients *and staff* come from minority groups, and 85% of employees are bilingual.
That focus fits pretty nicely in the MA segment, and it clearly tracks with their geographic expansion from a Florida base to Texas, Nevada, California and Puerto Rico. All very large MA markets.

MA penetration in PR exceeds 70%, which dwarfs the 40-45% in FL, CA etc. Image
Read 8 tweets
Whatever the other merits of this proposal, funneling another ~$30B to hospitals is the antithesis of "targeted relief."

A dozen hospital chains just presented at #JPM21, two weeks ago.

General theme: Financially speaking, hospitals are doing quite well. 1/n
We have, for example, Community Health Systems, which operates 89 hospitals in 16 states, many of them in smaller towns / metro areas.

Through the pandemic, CHS's EBITDA margin never even fell into single digits, and profitability actually *increased* in 2020.
Meanwhile, Lifepoint Health (84 hospitals, 30 states) also saw profits increase in 2020, while its cash-to-debt ratio fell. Pretty solid year.
Read 13 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!