Becker's Healthcare July 25, 2024
HCA Healthcare and Tenet Healthcare, two of the largest for-profit health systems in the U.S., reported higher net incomes in the second quarter of this year than in the same period of 2023.
Ten things to know:
HCA Healthcare
1. Nashville, Tenn.-based HCA Healthcare, a 188-hospital system, reported revenues of $17.5 billion in the second quarter, up from $15.9 billion in the same period last year.
2. HCA posted net income of nearly $1.5 billion in the second quarter, a 25% increase from $1.2 billion over the same period in 2023.
3. Total expenses for the quarter were $15.3 billion, up from $14.1 billion over the same period last year. Labor costs totaled $7.7 billion in the quarter,...
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