healthCare Strategist

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    • Hospitals' CapEx Cautions May Be Limiting Intuitive Surgical Growth, For Now [view article]
      Very well written article!

      Agree, unit sales will slow as nearly all major market hospital operators have a unit or two. Even second tier city's hospitals have units.

      Most of the remaining US markets have lower rated NFP hospitals with a host of industry headwind related problems making expenditures for surgical robots a 'wish list' item, but not on the to do list. Bond disclosure documents reveal declines in EBITDA, operating margin and nearly all financial metrics.

      The Public hospital companies only install the units in their leading market hospitals, again based on patient market analysis and for companies such as LifePoint, HMA CHS the number of units to total hospitals owned suggests smaller patient populations that do not support a surgical robot unit.

      For both clases of hospitals, patients drive the 50-80 miles to larger healthcare facility with such capabilities.
      May 21 01:41 PM
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