Community Health Rides on Same-Store Volumes, Streamlining Efforts
On a same-store basis, adjusted admissions improved 3.1% year over year in the last reported quarter. This played a major role in increasing adjusted EBITDA by 10.9% year over year to $428 million. For the last two years, the company's occupancy rate increased. With a growing senior population and increasing cases of diseases, the occupancy rate will likely keep climbing. The company's revenue per adjusted admission is witnessing significant growth, which will support its top line. CYH doesn't shy away from ...