Takeaway: No changes to the Hedgeye Health Care Position Monitor this week.

Position Monitor | Coronavirus, Sanders, and Surprise Billing Headwinds | HCA Forecast Algorithm - pm0127

Position Monitor Update | Overview

Bernie is polling ahead of Biden in Iowa; does that mean Medicare-for-All is back on the radar?  Today we reviewed Coronavirus, Sanders polling, and Surprise Billing.

Video Replay: CLICK HERE for video replay.

Materials: CLICK HERE to access the associated slides.

  Position Monitor | Coronavirus, Sanders, and Surprise Billing Headwinds | HCA Forecast Algorithm - hca1

HCA Forecast Algorithm | Accelerating 4Q19 

We expect HCA to print accelerating same facility adjusted admissions growth tomorrow.  While the Macro environment deteriorates, we're looking for evidence of weakness among services, but as we showed in our 1Q20 Themes presentation, 2H20 is the most likely timing for an inflection point to the downside based on current trends.  We also shared growth forecasts for THC, UHS, and MD which are included in the presentation linked below.

Video Replay: CLICK HERE for video replay.

All data available upon request. Please reach out to with any inquiries.

Emily Evans
Managing Director – Health Policy



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Thomas Tobin
Managing Director


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