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Group Well being Methods’ admissions rebound in Q2

Admissions rebounded for Group Well being Methods within the second quarter, the 84-hospital system reported Wednesday.

Adjusted admissions elevated 28.5% on a same-store foundation for the quarter ended June 30, in contrast with the prior-year interval when the COVID-19 pandemic halted non-urgent procedures. However its 248,000 adjusted admissions on the quarter had been nonetheless down 22% from its 303,000 adjusted admissions within the second quarter of 2019.

CHS reported a internet revenue attributable to shareholders of $6 million on working income of $3 billion on the quarter, down from a internet revenue attributable to shareholders of $70 million on working income of $2.52 billion from the identical quarter in 2020.

“As COVID-19 instances declined throughout the second quarter, we skilled a strong rebound of non-COVID-19 affected person quantity,” CHS CEO Tim Hingtgen stated in ready remarks. “Our sturdy ends in the interval had been pushed by ongoing initiatives to draw

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