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HCA Healthcare rode a wave of recovering revenues, volumes and labor to $1.36 billion in first-quarter profit, prompting the health system to increase its projections for all of 2023, reports Fierce Healthcare. Nashville-based HCA reported first-quarter revenues of $15.6 billion, a 4.1% year-over-year revenue increase over the opening quarter of 2022. Expenses rose from Q1 2022’s $13.13 billion to $13.67 billion, generally reflecting a year of rising expenses, wages and inflation.
1. UnitedHealthcare faces backlash over prior authorization policy
2. House panel asks Cigna for details on controversial claims denials
3. Coalition opposed to UnitedHealthcare prior authorization grows
4. Million-dollar health care claims are rising for self-insureds
6. Benefytt Technologies files for bankruptcy after paying fraud settlements