Nashville, Tenn.-based HCA Healthcare recorded total revenue of $75.6 billion in 2025, up from $70.6 billion in 2024.
The for-profit system operates in three geographically organized groups:
- The National Group: 53 hospitals in Alaska, California, Idaho, Indiana, Kentucky, Nevada, New Hampshire, North Carolina, Tennessee, Utah and Virginia.
- The Atlantic Group: 63 hospitals in Florida, Georgia, northern Kansas, Missouri and South Carolina.
- The American Group: 66 hospitals in Colorado, central Kansas, Louisiana and Texas.
- HCA also operates eight hospitals in England, which are included in the “corporate and other” group.
Here is the system’s full-year revenue broken down by group:
National Group
- 2025: $21.3 billion
- 2024: $19.7 billion
Atlantic Group
- 2025: $24.7 billion
- 2024: $23.4 billion
American Group
- 2025: $26.4 billion
- 2024: $24.7 billion
Corporate and other
- 2025: $3.2 billion
- 2024: $2.9 billion
HCA is projecting revenue between $76.5 billion and $80 billion in 2026.
