HCA reports higher revenue, profit for quarter
02/04/2014 9:48 AM
02/04/2014 9:49 AM
The parent company of Wesley Medical Center, Hospital Corporation of America, announced that its revenues for the fourth quarter totaled $8.836 billion, an increase of 4.8 percent over the same period of last year.
Net income totaled $424 million, compared to $314 million in the fourth quarter of 2012.
HCA announced that its same-facility admissions declined 1.8 percent for the quarter, and its same-facility emergency room visits declined 2.4 percent. It attributed the decline to fewer pulmonary and short-stay admissions, compared to the same period in 2012.
It also noted that the 2012 flu season was particularly severe compared to the current flu season.
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