For-profit chain HCA Healthcare's net income jumped 25% during the second quarter of 2018, beating key earnings predictions from Wall Street analysts, according to its earnings release Wednesday.
Heavy hitters Anthem, HCA and UHS will release their Q2 earnings. Meanwhile, a House panel will delve into the MIPS program.
HCA Healthcare saw a significant boost in flu-related emergency department and urgent-care visits and admissions during the first quarter, and its net income jumped 74% year-over-year.
Share prices of publicly traded hospital companies have been volatile along with the rest of the stock market.
It's Q1 earnings season. Some of the industry's heavy hitters are up this week.
A small number of hospitals and health systems are turning to the courts to challenge Anthem's new policies restricting outpatient imaging and emergency department coverage. Attorneys and industry experts disagree on the cases' merits.
While Mission Health's strong market share in North Carolina makes the system attractive for a merger, the end of the state's COPA restrictions was also likely a sweetener.
HCA Healthcare plans to add North Carolina to the list of 20 states it currently operates in, having signed a letter of intent to acquire Mission Health, a six-hospital system based in Asheville.
Activist investors took varied approaches with the three largest hospital chains.
Oklahoma University Medicine completed its $750 million buyout of HCA Healthcare's management agreement and ownership stake of its hospital facilities, which moved forward even though OU Medicine's proposed affiliation with SSM Health fell through.
Hospital executives can push the limits in reporting the size of charity care provided.
HCA will train Meharry Medical College students at HCA's TriStar Southern Hills Medical Center, giving Meharry medical students a more consistent experience.