UHS Labor Costs Hold, Topline Flows Through
UHS hurdled the labor costs we see as stabilizing on an absolute basis by driving better same facility adjusted admission growth in acute care and better revenue per admission in Behavioral. We had reviewed the UHS quarter drivers where we use a mix of Health Care Macro (HCM) and curated time series specific for UHS, The earnings call is at 9AM. We'll be are the source of the Behavioral pricing upside, supplemental payments in the quarter and expected for the remainder of 2024. For acute care the we'd like to hear more about the sources of revenue upside and sustainability through 2024. We think utilization will continue to accelerate. For both businesses the SG&A was in line or better than we had modeled, although "other operating expenses" likely from physician fees, continues to run higher.
Below we updated the preview slide for 1Q24 we presented on 4/11/24 Health Care Show click here to watch
The obstacle is the way
