The Pandemic-driven surge in demand for hospital services and rising need for elective surgeries with the easing of concerns related to COVID-19 have been driving the hospital industry’s growth. The global acute hospital care market is expected to grow at a 7.9% CAGR to reach $391.05 billion by 2027. So, both HCA Healthcare, Inc. (HCA) and Universal Health Services, Inc. (UHS) should benefit.
HCA and UHS are two prominent healthcare sector participants offering medical care facilities. HCA operates general, acute care hospitals and offers medical and surgical services, medical education, physician resource center, and training programs. In comparison, UHS operates acute care hospitals and outpatient and behavioral health care facilities that offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services. It also provides commercial health insurance services.
