HCA Reports 4.7% Rise in 4-Q Revenue, but Surgeries Fell Slightly

Hospital giant HCA reported fourth-quarter revenue of $7.61 billion, up 4.7 percent over the same period a year earlier, but total surgeries were down by 0.1 percent, according to a release from HCA.

Advertisement

The privately held operator of 163 hospitals and 105 ASCs reported solid inpatient, outpatient and ED volumes for the quarter, adding that revenues for the 2009 calendar year totaled $30.052 billion, up from $28.374 billion in 2008.

Specifically, HCA reported that during the fourth quarter:
• Same-facility inpatient surgeries declined 0.3 percent and same-facility outpatient surgeries fell 0.1 percent.
• Same-facility equivalent admissions and same-facility admissions increased 2.6 percent and 1.2 percent, respectively, compared with the same period last year.
• Same-facility revenue per equivalent admission increased 1.9 percent. Revenue per equivalent patient day, on a same facility basis, increased 3.3 percent.
• Charity care and uninsured discounts totaled $1.499 billion, compared to $1.007 billion in the fourth quarter of 2008.
• Same-facility emergency department visits increased 9.1 percent compared to the fourth quarter of 2008.

Read the release on HCA fourth-quarter earnings.

 

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 Capital

Advertisement

Comments are closed.