Article

HCA Earnings Get Bigger Boost than Expected from Healthcare Reform

HCA, the country's largest for-profit hospital chain by revenue, Wednesday previewed strong second-quarter results, highlighting a 12.2% increase in income before taxes. It also raised its financial guidance for the year.

HCA, the country's largest for-profit hospital chain by revenue, Wednesday previewed strong second-quarter results, highlighting a 12.2% increase in income before taxes. It also raised its financial guidance for the year.

The Nashville-based company is the first to offer investors a glimpse into what is widely expected to be a strong quarter for hospital operators. The chain's full results are scheduled for July 29.

HCA expects to report $904 million in pretax income on $9.2 billion in revenue compared with $806 million in pretax income on $8.5 billion in revenue in the second quarter of 2013.

Read the full story here: http://bit.ly/UdSfHL

Source: Modern Healthcare

Newsletter

Stay ahead of policy, cost, and value—subscribe to AJMC for expert insights at the intersection of clinical care and health economics.

Related Videos
Gordon Crofoot, MD, PA
David Awad, PharmD, BCOP
Merrill H. Stewart, MD
Saad Z. Usmani, MD, MBA, FACP, FASCO, Memorial Sloan Kettering Cancer Center
Andrew Evens, DO, MBA, MSc, deputy director for clinical services and chief physician officer, Rutgers Cancer Institute and Jack & Sheryl Morris Cancer Center
Related Content
AJMC Managed Markets Network Logo
CH LogoCenter for Biosimilars Logo