1. Net income at Vanguard Health Systems soared in its recent earnings report, as the Nashville, Tenn.-based operator posted a profit of $19.3 million in the fourth quarter of its 2012 fiscal year and a profit of $57.3 million for the entire FY 2012.
2. Although adjusted admissions, surgeries and emergency department visits increased in the second quarter of 2012 for Tenet Healthcare, the Dallas-based for-profit hospital operator posted a $6 million loss, reflecting impairment and restructuring charges.
3. Franklin, Tenn.-based IASIS Healthcare recorded $10.8 million in profit in the third quarter of its 2012 fiscal year, an improvement over a $463,000 loss in the third quarter of 2011, but the for-profit hospital operator’s net revenue took a slight hit downward.
4. Nashville, Tenn.-based Hospital Corporation of America, the largest for-profit hospital operator in the country, reported net income of $391 million in the second quarter of 2012 — a 70.7 percent upsurge from last year’s second quarter profit of $229 million.
5. Capella Healthcare, based in Franklin, Tenn., reported a loss of $1.3 million in the second quarter, a major drop-off from the second quarter of 2011 when the for-profit hospital operator recorded $3.3 million in profit.
6. For the second quarter ended June 30, 2012, Brentwood, Tenn.-based LifePoint Hospitals reported almost identical net income figures, as both quarters hovered around $40.3 million.
7. King of Prussia, Pa.-based Universal Health Services reported a positive second quarter, as net income rose 3.8 percent year-over-year from $103.6 million in 2011 to $107.6 million this year.
8. Franklin, Tenn.-based Community Health Systems‘ profit in the second quarter of fiscal year 2012 surged 136 percent — from $35.4 million last year to $83.4 million this year — but an impairment loss heavily influenced last year’s net income.
9. Net income at Naples, Fla.-based Health Management Associates dropped 24 percent, from $48.61 million in the second quarter of 2011 to $36.95 million in the most recent quarter, marking the second straight loss of its 2012 fiscal year.
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