HCA sees admissions increase and revenue grow in Q2

Nashville, Tenn.-based HCA Holdings has released its preliminary financial and operating results for the second quarter of fiscal year 2015, and the for-profit-hospital operator expects its revenues to be approximately $9.9 billion, up from $9.2 billion in the same period a year ago.

Advertisement

HCA’s same-facility admissions were up 4.1 percent in the second quarter and same-facility-equivalent admissions increased 4.9 percent compared to the same period of 2014. The for-profit hospital operator’s emergency room visits also increased 7.4 percent from the comparable period of last year.

HCA anticipates its income before taxes will be about $984 million for the second quarter of 2015, up from $904 million in the same period a year ago.

The for-profit hospital operator now expects its adjusted EBITDA to be near the high end of its previously issued guidance range of $7.55 to $7.85 billion for the year ending Dec. 31.

More articles on healthcare finance:

CMS proposes changes to Physician Fee Schedule: 15 things to know
Why CFO roles are being filled by Gen Xers
CFOs taking on IT roles: Is this trend headed for healthcare?

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.