Eleanor Laise is a healthcare reporter for MarketWatch and is based in Washington.
Shares of HCA Healthcare HCA, -0.08% fell 9% premarket Tuesday, after the hospital operator reported third quarter profit that missed analysts’ expectations. Net income was $1.079 billion, or $3.91 per share, compared with $1.134 billion, or $3.91 per share, a year earlier. The FactSet earnings per share consensus was $3.98. Results were dragged down by the Valesco physician staffing joint venture, which performed below expectations, HCA CEO Sam Hazen said in a statement. Revenue totaled $16.
971 billion in the year-earlier period and beating the FactSet consensus of $15.822 billion. Same-facility equivalent admissions rose 4.1%, while same-facility emergency room visits increased 3.5%. HCA narrowed its full-year revenue and earnings guidance range, saying it now expects revenue of $63.5 to $64.5 billion, compared with previous guidance of $63.25 to $64.75 billion, and earnings per share of $17.80 to $18.50, versus earlier guidance of $17.70 to $18.90. HCA stock has gained 0.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Providence St. Joseph-Burbank healthcare workers begin 5-day strikeHundreds of healthcare workers at Providence St. Joseph Medical Center in Burbank are set to hit the picket lines Monday morning.
Read more »
Healthcare workers set to begin 5-day strike at Providence St. Joseph Medical Center in BurbankIn the latest strike to hit a Southland hospital in recent weeks, some 700 non-nursing healthcare workers at Providence St. Joseph Medical Center in Burbank are…
Read more »
Healthcare workers set to begin 5-day strike at Providence St. Joseph in BurbankNearly 700 non-nursing healthcare workers are set to begin a five-day strike on Monday after failing to agree to terms on a new contract at Providence St. Joseph Medical Center in Burbank.
Read more »
Healthcare provider shortages are a symptom of government red tapeSally Pipes (sallypipes) is a contributor to the Washington Examiner's Beltway Confidential blog. She is president, CEO, and Thomas W. Smith Fellow in Health Care Policy at the Pacific Research Institute. Her latest book is False Premise, False Promise: The Disastrous Reality of Medicare for All (Encounter 2020).
Read more »
Ensuring fairness of AI in healthcare requires cross-disciplinary collaborationNew perspective argues pursuing fair AI for healthcare requires cross-disciplinary collaboration to translate methods into real-world benefits.
Read more »
If Obama-Biden healthcare policies are so good, why do costs keep rising?Washington Examiner
Read more »