Nashville, Tenn.-based HCA Healthcare recorded a total revenue of $18.3 billion in the first quarter of 2025, compared to $17.3 billion in the first quarter of 2024.
The for-profit system operates in three geographically organized groups:
- The National Group: 55 hospitals in Alaska, California, Idaho, Indiana, Kentucky, Nevada, New Hampshire, North Carolina, Tennessee, Utah and Virginia.
- The Atlantic Group: 63 hospitals in Florida, Georgia, 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 first-quarter revenue broken down by group:
National Group
2025: $5.1 billion
2024: $4.8 billion
Atlantic Group
2025: $6.2 billion
2024: $5.8 billion
American Group
2025: $6.3 billion
2024: $6 billion
Corporate and other
2025: $758 million
2024: $710 million