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.
