HCA doubles down on outpatient growth: 4 notes

Nashville, Tenn.-based HCA Healthcare continues to double down on developing outpatient facilities and increasing outpatient procedure migration, according to an April 21 first-quarter earnings call transcribed by Seeking Alpha

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“We continue to invest in our outpatient footprint,” Bill Rutherford, HCA’s CFO, said during the call. “That should help drive reasonable outpatient surgical growth.”

Here are three more notes to know:

1. Total outpatient procedures jumped 5 percent and outpatient cardiology procedures increased 7 percent. 

2. Surgical volumes in HCA’s hospital outpatient units were up slightly more in the first quarter than ASCs, according to the call. 

3. The company has a “more significant investment” in its ASC development pipeline, as well as possible acquisitions in the works, CEO Sam Hazen said. 

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