Mar 04, 2024 / 02:50PM GMT
Steve G. Filton - Universal Health Services, Inc. - Executive VP, CFO & Secretary
(technical difficulty) soon. And in fact, they have been sort of moderating throughout 2023, and we assume they'll continue to moderate. Now as you point out, 2024 started strong. It doesn't appear like there's a lot of moderation early in '24 but I don't know that this really is something that can continue for the next 3 years at this level.
So we can debate, is this going to slow down in 6 months? Is it going to slow down in 12 or 18 months. And again, I can't guarantee that it's going to slow down at all, but it just feels like based on what our historic experience is that at some point, this is going to slow down, and we're going to see some of these deferred and postponed procedures kind of exhausted and return to more historic norms.
Questions and Answers:
Gary Paul Taylor - TD Cowen, Research Division - MD & Senior Equity Research AnalystGot it. Another hot topic in the last couple of weeks has been the two-midnight rule or the clarification for MA
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