S&P shifts HCA view to positive

S&P said it revised the outlook for HCA Healthcare Inc. to positive from stable and affirmed its BB+ issuer rating.

“HCA's recovery from the pandemic has been faster and stronger than we expected. The rapid pace of recovery has been led by very strong patient volume and high acuity, which has driven significant revenue growth. HCA's equivalent admissions has fully recovered to its pre-pandemic level, and it is close to its pre-pandemic level of emergency room visits. These factors have led to revenue and cash flow that have been above our expectations,” S&P said in a press release.

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