HCA, Nashville, today reported its final first-quarter results, adding a little more color on a performance it already previewed last month.
The chain also said on an earnings call that it signed an asset purchase agreement Wednesday with Carondelet Health to purchase 239-bed St. Joseph Medical Center and 129-bed St. Mary's Medical Center, Blue Springs, Mo. Ascension Health has been in talks with HCA since last year to sell the subsidiaries.
As expected, HCA, the country's largest system, faced pressure on admissions, in large part because the first quarter of last year had the advantage of an extra business day, Feb. 29.
The chain said that once it adjusted for leap day, same-facility admissions actually increased 1.3% and equivalent admissions increased 0.4%.