Community Health—largest for-profit US hospital chain—reported “inpatient admissions for the year ended 12/31/20 decreased 15.7% compared to the year ended 12/31/19 & consolidated adjusted admissions for the year ended 12/31/20 decreased 19.4%” Because hospitals were overwhelmed?
But “our hospitals have not generally experienced major capacity constraints to date arising from the treatment of COVID-19 patients”
Acadia Healthcare—on the other hand—operates inpatient psych facilities, residential treatment centers, group homes & substance abuse facilities.
Acadia Healthcare—on the other hand—operates inpatient psych facilities, residential treatment centers, group homes & substance abuse facilities.
Its 4th qtr '20 earnings beat estimates by 63.8%, surging 121.6% year over year, and its stock has risen almost six-fold in the last year.
Unlike MSM narrative bullsh*t, its illegal to lie in financial statements. Money talks.
sec.gov/ix?doc=/Archiv…
sec.gov/ix?doc=/Archiv…
Unlike MSM narrative bullsh*t, its illegal to lie in financial statements. Money talks.
sec.gov/ix?doc=/Archiv…
sec.gov/ix?doc=/Archiv…
Largest public hospital chains & respective DROPS in admissions & adjusted admissions (capturing inpatient/outpatient) in 2020:
1. Community Health – 15.7%/19.4%
2. Hospital Corp of America – 4.7%/9.2%
3. Tenet Healthcare – 11.6%/15.7%
4. Universal Health Services – 9.9%/15.2%
1. Community Health – 15.7%/19.4%
2. Hospital Corp of America – 4.7%/9.2%
3. Tenet Healthcare – 11.6%/15.7%
4. Universal Health Services – 9.9%/15.2%
• • •
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