How CHS, Tenet, UHS, LifePoint and HCA fared in Q3

Major for-profit hospital operators produced mixed financial results in the third quarter of 2016.

1. Franklin, Tenn.-based Community Health Systems recorded revenues of nearly $4.4 billion in the third quarter of this year, down 9.6 percent from $4.8 billion in the same period of 2015. After factoring in the effects of lower patient volume and a noncash impairment charge of $39 million, CHS ended the third quarter with a net loss of $79 million, compared with a $52 million profit in the same period of 2015.

2. Dallas-based Tenet Healthcare posted revenues of $4.8 billion in the third quarter of 2016, up 3.3 percent from revenues of $4.7 billion in the same period of the year prior. An increase in patient volume fueled the revenue boost. Tenet recorded a net loss of $9 million in the third quarter, an improvement from the $28 million net loss the company reported in the same period of 2015.

3. King of Prussia, Pa.-based Universal Health Services saw revenues increase 8.2 percent year over year to $2.4 billion in the third quarter of 2016. The financial boost was attributable, in part, to an increase in patient volume. UHS ended the third quarter with net income of $151.9 million, up about 1 percent from $150.3 million in the same period of 2015.

4. Brentwood, Tenn.-based LifePoint Health reported revenues of $1.6 billion in the third quarter of 2016, up 21.1 percent from $1.3 billion in the same period of 2015. LifePoint said the financial boost was primarily attributable to the company's recent acquisitions. LifePoint ended the most recent quarter with net income of $41.2 million, down 10 percent from $45.8 million in the same period of 2015.

5. Nashville, Tenn.-based HCA Holdings saw revenue increase 4.2 percent year over year to $10.3 billion in the third quarter of 2016. The financial boost in the third quarter was partially attributable to higher patient volumes. HCA ended the third quarter with net income of $618 million, up 38 percent from $449 million in the same period of 2015.

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