Deutsche Bank On Health Care Facilities

Deutsche Bank has published a research report on Health Care Facilities in the U.S. and summarizes October results. In the report, Deutsche Bank writes "October's Volume Tracker continues the weak trends witnessed throughout 2010, with inpatient discharges -2.6% Y/Y, outpatient visits -2.8% Y/Y, inpatient surgeries -4.9% Y/Y and hospital-based outpatient surgeries -3.4% Y/Y. Against a tough H1N1 comp, ED visits were -9.1% Y/Y (vs. +17.1% in October 2009). Births continued to trend down (-2.4% Y/Y), while observation visits continue to be up double-digits (+17.4% Y/Y); both of these volume indicators (births and observations) are having a real influence on reported volume trends. With regard to mix, MCO inpatient volumes continued to be weak (-5.9% Y/Y) in October, while Medicare inpatient volumes were relatively flat (+0.4% Y/Y), Medicaid was below-trend at -1.4% Y/Y and self-pay uninsured discharges declined (-7.3% Y/Y). See data tables in the attached note for additional details and trend data." Companies related to this report include: Alliance HealthCare AIQ,$4.04 Hold Community Health Systems CYH,$32.62 Buy Emergency Medical Svcs. EMS,$49.46 Buy Health Mgmt Assocs. HMA,$8.67 Buy IPC The Hospitalist Co. IPCM,$32.63 Hold LifePoint Hospitals LPNT,$35.96 Buy Mednax Inc. MD,$60.82 Buy Tenet Healthcare THC,$4.37 Buy Team Health TMH,$14.92 Hold Universal Health Services UHS,$40.11 Buy