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HCA predicts higher-than-expected earnings


By Beth Kutscher
Posted: January 14, 2014 - 12:30 pm ET
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HCA, the largest health system by revenue, said its full-year earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) will be $65 million to $75 million above the high end of its previous projections.

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The Nashville-based chain did not disclose revenue or patient volume in a short preview of its 2013 EBITDA results released ahead of a presentation Tuesday afternoon at the JP Morgan Healthcare Conference in San Francisco.

Although HCA typically sees some of the highest volumes among its peers, analyst reports said the stronger performance likely can be attributed to aggressive cost controls.

HCA will report full results Feb. 4.

Follow Beth Kutscher on Twitter: @MHbkutscher


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