HCA revenues jump 4.2% to nearly $10.7B in Q3: 9 things to know

Hospital Corporation of America reported its financial results for the third quarter of 2017.

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Here are nine things to know about HCA’s third quarter:

1. Revenues totaled nearly $10.7 billion, a 4.2 percent increase from the third quarter of 2016.

2. The company’s net income attributable to HCA was $426 million.

3. Adjusted EBITDA hit nearly $1.78 billion.

4. Same facility revenue per equivalent admission increased 2 percent, compared to the third quarter last year.

5. HCA’s cash flows from operations were around $1 billion.

6. Same facility equivalent admissions jumped 0.3 percent.

7. The board of directors authorized an additional share repurchase program for up to $2 billion of HCA’s outstanding common stock during the quarter.

8. For 2017, HCA expects revenues between $43 billion and $44 billion.

9. HCA operated 177 hospitals and 119 freestanding ASCs as of Sept. 30.

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