Apr. 24 at 11:51 AM
$OSCR $HCA
HCA reported respiratory volume collapse (admissions down 42% for respiratory, ER visits down 32%). Their hospital geography FL and TX, overlaps with OSCR's largest presence - FL and TX. Lower respiratory acuity = shorter stays, lower cost per case, less billing intensity for ACA members. Signaling a likely MLR tailwind for
$OSCR. There's a strong correlation between HCA's admissions and OSCR's MLR. Admissions stayed flat and while i would've preferred a stronger deceleration, it's not accelerating. OSCR's premium raise should cover this utilization rate - just like
$UNH,
$ELV and
$MOH have reported.
It's Miller Time!
