Round-Up: For-Profit Hospital Operators 3Q 2010 Financial Results

Here is a summary of the third quarter 2010 financial results for six leading for-profit, acute-care hospital operators.

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Community Health Systems

Headquarters: Franklin, Tenn.

Number of hospitals: 126

Revenue: $3.3 billion

Net income: $70.4 million

Admissions: – 3.0 percent

 

Health Management Associates

Headquarters: Naples, Fla.

Number of hospitals: 58

Revenue: $1.27 billion

Net income: $35.3 million
Admissions: + 4.9 percent

 

Hospital Corporation of America

Headquarters: Nashville, Tenn.

Number of hospitals: 163

Revenue: $7.65 billion

Net income: $243 million
Admissions:
– 0.6 percent

 

LifePoint Hospitals

Headquarters: Brentwood, Tenn.

Number of hospitals: 52

Revenue: $832.3 million

Net income: $38.8 million
Admissions: – 3.7 percent

 

Tenet Healthcare Corp.

Headquarters: Dallas

Number of hospitals: 49

Revenue: $2.26 billion

Net income: $932 million

Admissions: – 3.5 percent

 

Universal Health Services

Headquarters: King of Prussia, Pa.

Number of hospitals: 25 (acute-care, additional behavior health facilities)

Revenue: $1.32 billion

Net income: $55.6 million
Admissions: + 1.6 percent

 

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