1. CHS revenue grows while admissions slump: 5 things to know
Franklin, Tenn.-based Community Health Systems reported a profit of $111 million on $4.9 billion in revenue for the second quarter of FY 2015, up from a profit of $42 million on $4.8 billion in revenue for the same period of last year.
2. Tenet Q2 profits take $61 million hit, but per-share earnings top estimates
Dallas-based Tenet Healthcare reported a net loss of $61 million on $4.5 billion in revenue for the second quarter of FY 2015. The for-profit hospital operator posted a net loss of $26 million on $4 billion in revenue in the second quarter of FY 2014.
3. UHS net income grows on higher admissions: 5 key points
King of Prussia, Pa.-based Universal Health Services reported a profit of $182.2 million on $2.3 billion in revenue for the second quarter of FY 2014, up from a profit of $151.7 million on $2.1 billion in revenue for the same period of last year.
4. LifePoint benefits from acquisitions, gets 21.3% boost in revenue
Brentwood, Tenn.-based LifePoint Health reported a profit of $46.4 million on $1.3 billion in revenue for the second quarter of FY 2015. The for-profit hospital operator posted a profit of $39.1 million on $1.1 billion in revenue in the second quarter of FY 2014.
5. HCA beats Q2 expectations in profits, revenue and admissions
Nashville, Tenn.-based Hospital Corporation of America reported a profit of $507 million on $9.9 billion in revenue in the second quarter of FY 2015. The for-profit hospital operator posted a profit of $483 million on $9.2 billion in revenue in the same period of last year.
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