Editor's Note Tenet Healthcare and HCA Healthcare delivered robust first-quarter (Q1) earnings, bolstered by steady inpatient demand and operational discipline—but both hospital giants are treading carefully amid policy and market uncertainties, according to earnings reports covered by Healthcare Dive on April 28 and Trading View on April 29. Tenet reported…
Editor's Note HCA Healthcare reported nearly $1.5 billion in net income for the second quarter (Q2), exceeding expectations, Modern Healthcare July 23 reports. The Nashville-based system attributed part of this success to a significant reduction in contract labor costs, which dropped by more than 25% compared to Q2 2023. This…
Editor's Note Two major hospital systems–Universal Health Services (UHS) and Tenet Healthcare–saw improved third-quarter profits in 2023, but Community Health Systems (CHS) and HCA Healthcare did not see similar upward trends, HealthLeaders November 3 reports. According to the article, rising demand in services at UHS drove third-quarter earnings up 6.8%…
Editor's Note The Healthcare Corporation of America (HCA), on August 29, announced a new collaboration with Google Cloud to bring generative artificial intelligence (AI) to its hospitals. Emergency department physicians at four HCA hospitals are already using Google’s AI technology and Augmedix to create accurate and timely medical notes from…