ECG’s Publicly Traded Hospital Quarterly Earnings Release Update for Q3 of 2024 is now available! This edition includes a spotlight on revenue growth and workforce stabilization.
A few notable trends:
- Organizations with favorable revenue and EBITDA figures attributed results to higher demand for services, higher acuity levels, and improved operational methodologies.
- Wage inflation has stabilized.
- Facility capacity expansion and investments in de novo outpatient offerings continue to be the main growth initiatives for each organization.
Mergers and acquisition (M&A) activity:
- Community Health Systems will acquire 10 urgent care locations from Carbon Health.
- HCA Healthcare acquired remaining interest in Valesco.
- Tenet Healthcare announced completion of the sale of its 70% majority ownership in Brookwood Baptist Health.
We want to hear from you.
Connect with ECG’s Mergers, Acquisitions, and Transactions team to share your thoughts or concerns.
Published December 6, 2024
You Might Also Like
