Here are eight things to know from the report:
1. HCA’s total revenue was $17.3 billion in the first quarter of 2024, an 11.2% increase from $15.6 billion in the first quarter of 2023.
2. Expenses increased 10.4% to $15.1 billion.
3. The health system’s operating income was $2.5 billion, a 37% increase from $1.8 billion from the first quarter of 2023.
4. HCA’s debt increased 3.3% to $40.2 billion.
5. Salaries and benefits increased 8.8% to $7.7 billion.
6. The health system increased its number of hospitals from 180 in the first quarter of 2023 to 188 in the first quarter of 2024.
7. HCA saw a loss of $201 million on sales of facilities, compared to a $15 million gain in the first quarter of 2023.
8. “The strong fundamentals we saw in our business this past year continued into the first quarter of 2024,” HCA Healthcare CEO Sam Hazen said in the report. “This momentum generated strong financial results that were driven primarily by broad-based volume growth.”
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
