Ardent Health topped the market’s revenue and earnings estimates, touting Wednesday solid adjusted admission and labor spend numbers despite what has proved to be a tumultuous first quarter for hospitals. Similar to other for-profit health systems’ reports from the past few weeks, executives acknowledged the impacts of a weak respiratory season and severe winter storms on Ardent’s business. At the same time, the company managed to grow its adjusted admissions (which include outpatient visits) by 2% over the prior year, while total surgeries also grew by 1.2%.
Read the full article: Ardent Health Touts Outpatient Growth, Checked Labor Spend During Hectic Q1 //
Source: https://www.fiercehealthcare.com/providers/ardent-health-touts-outpatient-growth-checked-labor-spend-during-hectic-q1