HCA previews 2016 operating results: 3 things to know

HCA Holdings released a preview Monday of its operating results for 2016, and the Nashville, Tenn.-based company expects to report an increase in admissions and stronger financials for 2016 than in the year prior.

Here are three things to know about HCA's 2016 operating results.

1. HCA said it expects income before taxes of about $4.5 billion in 2016, up from $3.96 billion in 2015.

2. The for-profit hospital operator expects adjusted EBITDA to be about $8.2 billion in 2016. That's up from adjusted EBITDA of $7.92 billion in 2015.

3. Looking at the fourth quarter of 2016, HCA said same-facility admissions are expected to be up approximately 1.6 percent year over year. Same-facility emergency room visits are also expected to climb 1.6 percent from the fourth quarter of 2015.  

More articles on healthcare finance:

21 hospital closures in 2016
Health First sees operating income plunge 89% in FY 2016
Oklahoma critical access hospital to file for bankruptcy

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars