Earnings Call Summary | Community Health Systems(CYH.US) Q1 2024 Earnings Conference
Earnings Call Summary | Community Health Systems(CYH.US) Q1 2024 Earnings Conference
The following is a summary of the Community Health Systems, Inc. (CYH) Q1 2024 Earnings Call Transcript:
以下是社區衛生系統公司(CYH)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Community Health Systems reported a 5.7% increase in same-store net revenue for Q1 2024, with same-store admissions also increasing by 3.8%.
Adjusted EBITDA for the company was $378 million, marking an increase of 12.8% from the prior period.
Q1 net operating revenues were reported to be $3.14 billion, marking a year-on-year growth of 1%.
The quarter also saw an increase in cash flows from operations to $96 million, climbing from $5 million in the previous year due to improved earnings and the timely collection of certain accounts receivables.
社區衛生系統報告稱,2024年第一季度同店淨收入增長了5.7%,同店入院人數也增長了3.8%。
該公司調整後的息稅折舊攤銷前利潤爲3.78億美元,比上期增長12.8%。
據報道,第一季度淨營業收入爲31.4億美元,同比增長1%。
本季度的運營現金流也從去年的500萬美元增加到9,600萬美元,這要歸因於收益的改善和某些應收賬款的及時收集。
Business Progress:
業務進展:
Operational advancements have been made including the opening of a new tower in Knoxville, Tennessee, and an expansion plan in Baldwin County, Alabama.
Two new ASCs opened in Tucson, Arizona, and Cedar Park, Texas as part of an effort to expand outpatient capacity.
A strategic partnership with Mark Cuban Cost Plus Drug Company is underway, aiming to address rising drug costs and shortages.
The company has implemented innovative programs geared towards remote monitoring for chronic conditions, virtual support for behavioral health issues, and an AI-informed early warning system for childbirth.
An agreement to divest Tennova, Cleveland, for approximately $160 million has been signed.
The company reported growth in inpatient and outpatient services, successful performance of their transfer center, and the introduction of new specialties in different markets. A physician advisor program has also been implemented to counter impacts from changes in medical plans.
運營方面的進展包括在田納西州諾克斯維爾開設一座新塔樓,以及在阿拉巴馬州鮑德溫縣實施擴建計劃。
作爲擴大門診容量的努力的一部分,兩家新的ASC在亞利桑那州的圖森市和德克薩斯州的雪松公園開業。
與Mark Cuban Cost Plus製藥公司的戰略合作伙伴關係正在進行中,旨在解決藥品成本上漲和短缺問題。
該公司已經實施了創新計劃,旨在遠程監測慢性病,爲行爲健康問題提供虛擬支持,以及基於人工智能的分娩預警系統。
已經簽署了以約1.6億美元的價格剝離克利夫蘭的Tennova的協議。
該公司報告說,住院和門診服務有所增長,轉診中心表現良好,並在不同市場推出了新的專業。還實施了一項醫生顧問計劃,以應對醫療計劃變更的影響。
More details: Community Health Systems IR
更多詳情: 社區衛生系統 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。