Birth TrendsBirths increased 0.3% y/y in April, down from March birth trends (+1.0% y/y), indicating a slowdown in growth.
Sustainability ConcernsConcerns remain about the sustainability of the favorable payer mix trends and the company's ability to create long-term growth if these trends moderate or end.
Volume GrowthMD had embedded no volume growth in its 2025 guidance, indicating caution in future expectations.