The 182-hospital system raised its guidance for the year to a net income of up to $5.255 billion from previous estimates of up to $5.16 billion. HCA also raised its revenue guidance to up to $64.75 billion for the year compared with $64.5 billion.
Revenues for the three-month period totaled $15.86 billion compared with $14.8 billion. Expenses were up 7.6 percent to total $14.05 billion with salaries and benefits up to $7.3 billion, an increase of 7.1 percent on the same period in 2022.
Operating income for the period totaled $1.81 billion compared with $1.76 billion in 2022.
For the six months ending June 30, HCA reported revenues of $31.45 billion and net income of $2.556 billion compared with $29.76 billion and $2.43 billion in 2022.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.