News from Nashville

研报英文原文证据摘录

News from Nashville

RBC Capital Markets, LLC

Ben Hendrix (Analyst)

(615) 372-1323, ben.hendrix@rbccm.com

Michael Murray, CFA (AVP)

(615) 372-1321, michael.murray@rbccm.com

Drew Sterrett (Associate)

(615) 487-8638, drew.sterrett@rbccm.com

July 19, 2026

News from Nashville Quote of the week “We are committed to making the healthRESEARCH system work better for all stakeholders by A weekly perspective on Healthcare: industry and

company news, valuation update simplifying processes, by being clearer, more consistent, and faster in the experience we

Our view: Last week, HCA's 2Q26 pre-release confirmed investor fears offer, and by redesigning and modernizing that

around surgical softness and ePTC headwinds, though we heard investor experience altogether. AI technology is helping

concerns that guidance was unlikely revised far enough to capture us move faster — we're using it to improve

2H risks. ELV beat expectations and raised full-year EPS guidance, but service interactions, reduce administrative

persistent Medicaid utilization pressure and planned market exits are burden, and support better decision-making,EQUITY cooling recovery expectations. UNH delivered a strong quarter led by always in service of improved experiences and

Medicare Advantage favorability, though rising commercial trend under outcomes for both patients and care providers.”

the No Surprises Act is presenting incremental pressure — we remain — Stephen Hemsley, Chairman and CEO,

incrementally more confident in CVS heading into earnings on the UnitedHealth Group on the 2Q26 earnings call

Medicare readthrough from UNH's call. Looking ahead to this week we

have multiple companies reporting with CYH on Wednesday, THC on Healthcare sub-sector stock price performance