Five more insights:
1. The Nashville, Tenn.-based company has 123 freestanding outpatient surgery centers, the same number it had all year.
2. For 2019, the company’s outpatient surgery caseload increased 4 percent from 971,537 in 2018 to 1,009,947.
3. Outpatient revenues made up 38.7 percent of the company’s patient revenues in the fourth quarter and for the entire year.
4. Same-facility outpatient surgical cases increased 1.8 percent year over year in the fourth quarter, and 1.6 percent year over year for 2019.
5. HCA reported revenues of $13.5 billion for 2019, up from $12.3 billion in 2018.
6. HCA’s board of directors authorized a share repurchase program, looking to purchase up to $2 billion in outstanding common shares. HCA will also pay a quarterly cash dividend of $0.43 per share of common stock.
7. For 2020, the company expects to post full-year revenues of $53.5 billion to $55.5 billion.
Read the entire release here.
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