HCA posts higher revenue for quarter
11/05/2013 11:12 AM
08/08/2014 10:19 AM
Hospital Corporation of America, the parent company of Wesley Medical Center, announced Tuesday that its revenues for the third quarter totaled $8.456 billion, an increase of 4.9 percent over the same period in 2012.
HCA reported net income of $365 million, up from $360 million in the third quarter of last year.
HCA officials in a statement attributed the growth to higher volumes and higher revenues with admissions, according to a news release. Same facility admissions increased 0.7 percent in the third quarter, compared to the third quarter of 2012.
The health care system also noted a slight increase in emergency room visits.