Following the Money
Thanks to Maxwell for providing this information. Be sure to check out the links to the SEC...
Community Health—largest for-profit US hospital chain inpatient admissions records 2020.
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%”
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%
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's 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.
Source: Brumby on Twitter
Link: SEC
Link: SEC
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