Nashville, Tenn.-based HCA Healthcare’s third-quarter financial results were “unfavorably impacted” by its physician staffing joint venture, CEO Sam Hazen said during an Oct. 24 earnings call transcribed by Seeking Alpha.
Physician-owned hospitals have recently been the target of resistance from major hospital groups as lawmakers push a bill that would repeal the Affordable Care Act’s restrictions on POHs.
A 32,711-square-foot medical office building in Woodbury, Minn., has been acquired for $9.8 million, according to an Oct. 25 report from Commercial Property Executive.
Nashville, Tenn.-based HCA Healthcare reported a 37.4 percent jump in outpatient revenue in the third quarter while its operating income was down 4.1 percent from the previous year.
Physicians are increasingly moving to employed models – from 2019 to 2021, more than 108,700 physicians left private practice for employment opportunities, according to a report from Avalere.