Business

Wesley parent turns in higher quarter, year

The parent of Wesley Medical Center said Thursday that its revenue and net income increased in the final quarter of 2010 and for the year.

Nashville, Tenn.-based HCA Holdings, which is in the process of purchasing Wichita's Galichia Heart Hospital, said fourth quarter revenue increased 1.7 percent from the same quarter a year ago to $7.7 billion.

Net income increased by nearly 31 percent to nearly $7.2 billion.

For the year, revenue was $30.6 billion compared with $30 billion for 2009. Net income was $1.2 billion for the year, up 14.5 percent from $1 billion in 2009.

"We had very solid operating results last year, despite a challenging economy," Richard Bracken, HCA chairman and CEO, said in a news release.

Also Thursday, George Bussey was named chief medical officer for HealthONE in Denver and HCA's Continental Division, which includes Wesley.

He will lead efforts to support consistent high-quality clinical care across HealthONE hospitals, as well as HCA hospitals in Oklahoma City; Edmond, Okla.; and Wichita.

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