How Was Community Health Systems’ Financial Performance in 3Q17?
In 3Q17, the net revenues of Community Health Systems (CYH) were $3.6 billion compared with $4.3 billion in 3Q16.
In the first three quarters of fiscal 2017, Community Health systems incurred capital expenditure of $4 million compared with $122 million in the comparable period in fiscal 2016.
Of the 19 analysts covering Community Health Systems in February 2018, one analyst has given the stock a “strong buy,” ten have given it a “hold,” while eight have given it a “sell.”
Mednax (MD) bills payors for services provided to patients. These payors consist of government programs like Medicare and Medicaid, contracted managed care, third parties, and private pay patients.
In 3Q17, hurricanes negatively affected Mednax’s (MD) revenues by close to $2 million. According to the company, acquisitions in radiology, anesthesia, and neonatology contributed around 430 basis points to revenue growth.
Mednax (MD) has a proven track record of expertise in the administration of physician services and a methodical approach to clinical data warehousing in fields such as research, education, and quality.
Of the total 14 analysts covering Mednax (MD) in December 2017, three analysts have given the stock a “buy” or higher rating and ten have given it a “hold” rating while one analyst has given it a “sell” rating.
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Wall Street analysts have projected that Universal Health Services’ net profit margin will increase marginally from 7.5% in 2015 to 7.6% in 2016.
Universal Health Services’ acute care revenues rose by 10.9%, from approximately $4.2 billion in 2014 to $4.6 billion, in 2015.
Universal Health Services’ behavioral health revenues rose by 9.7%, from $4 billion in 2014 to $4.4 billion in 2015.
On February 26, 2016, Universal Health Services (UHS) was trading at a forward PE (price-to-earnings) multiple of about 13.8x.
On a same-facility basis, emergency visits at LifePoint fell by 1.8% year-over-year, leading to a fall in same-hospital equivalent admissions during 4Q15.
LifePoint’s forward EV-to-EBITDA multiple stood at 6.08x on February 15. For Universal Health and Community Health Systems, the multiples were 7.5x and 6.17x.
LifePoint released earnings for 4Q15 and 2015 on February 12, 2016. Following the earnings release, analysts revised their recommendations on the company.
Same-facility admissions for LifePoint (LPNT) fell by 4.2% to 55,000 during 4Q15. During 4Q15, its equivalent admissions fell by 1.1% to 146,000.
During 4Q15, salaries and benefits for LifePoint Health (LPNT) amounted to $652.7 million, up 6.6% in comparison with the same quarter of the previous year.
Major revenue drivers for LifePoint Health (LPNT) include: Equivalent admissions Medicare case mix index Average length of stay Inpatient and outpatient surgeries Emergency room visits Outpatient factor To learn more…
LifePoint derives revenue from various sources such as Medicare, Medicaid, health maintenance organizations, and preferred provider organizations.