HCA Outpatient Volumes Increase in First Quarter of 2012
Market Watch report.
HCA's revenues in the first quarter increased to $8.405 billion, compared to $7.406 billion in the first quarter of 2011. Revenue growth was driven primarily by increased volume, two adjustments related to Medicare revenues for prior periods and the financial consolidation of its HealthONE venture.
Patient volume in the first quarter of 2012 reflected strength in the company's inpatient admissions and outpatient and ER visits, according to the report. Same facility equivalent admissions increased 4.8 percent in the first quarter of 2012 compared to the prior year period, reflecting increases in both inpatient and outpatient volumes.
As of March 31, 2012, HCA operated 164 hospitals and 109 freestanding surgery centers.
Related Articles on Case Volume:
Boosting ASC Case Volume: 3 Ways to Capitalize on Your Payor and Patient Market
5 Ways to Achieve Double Digit Surgery Center Growth This Year
5 ASC Industry Leaders Weigh In on Physician Recruitment
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
- How Physician Thinking Changes After Working in ACOs
- 2014 Financial Impact Analysis Doesn't Stop With CMS' Final Rule: Don't Neglect CMS NCCI Edits
- 4 Drivers of Recent M&A Activity in Healthcare
- 8 Reasons to Outsource Medical Billing Services
- 5 ICD-10 Transition Considerations Medical Practices Have Likely Not Thought About