Here are five more notes:
1. As of Dec. 31, HCA operated 190 hospitals and 2,400 ambulatory care sites, including ASCs, freestanding emergency rooms, urgent care centers, and physician clinics, across 20 states and the United Kingdom.
2. Same-facility outpatient surgeries decreased by 2.4% in Q4 2024 compared to the same period in 2023. For the full year 2024, the decline was 1.9% compared to 2023. This decline reflects a year-long trend, which CEO Samuel Hazen attributed to lower Medicaid and self-pay volumes.
3. Outpatient revenue accounted for 37.9% of total patient revenue in Q4 2024, a slight decline from 38.4% in Q4 2023.
4. HCA reported a net income of $5.8 billion in 2024, representing a 9.9% increase from $5.2 billion in 2023.
5. The company hit an operating income of $8.5 billion in 2024 (12.1% operating margin), up from $7.7 billion (11.99% operating margin) in 2023.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.