HCA Healthcare posts $1.36 billion in first-quarter profits

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.