Navigation Links
HCA Reports Second Quarter 2008 Results
Date:7/31/2008

e second quarter of 2008 from $2.654 billion, or 39.4 percent of revenues, in the second quarter of 2007. Salaries and benefits per equivalent admission increased 6.1 percent while revenue per equivalent admission increased 2.8 percent for the second quarter of 2008 compared to the second quarter of 2007.

The provision for doubtful accounts increased to $813 million, or 11.7 percent of revenues, in the second quarter of 2008 from $753 million, or 11.2 percent of revenues, in the second quarter of 2007. Same facility uninsured admissions increased 1.0 percent in the second quarter of 2008 compared to the prior year's second quarter.

We reached a settlement with the IRS Appeals Division regarding certain 2001 and 2002 issues during the second quarter of 2008 and the settlement resulted in a $38 million reduction to our provision for income taxes for the second quarter of 2008.

Interest expense decreased to $494 million in the second quarter of 2008, compared to $557 million in the same period of 2007, due to reductions in both our average debt balance and the average interest rate on our debt.

Same facility admissions increased 1.3 percent and same facility equivalent admissions increased 2.0 percent in the second quarter of 2008 compared to the prior year's second quarter. Same facility inpatient surgeries declined 0.5 percent and outpatient surgeries declined 0.7 percent in the second quarter. Same facility revenue per equivalent admission increased 3.0 percent in the second quarter of 2008 compared to the second quarter of 2007 due primarily to changes in service and payor mix.

Same facility charity and uninsured discounts totaled $869 million in the second quarter of 2008 compared to $707 million in the second quarter of 2007.

As of June 30, 2008, HCA's balance sheet reflected cash and cash equivalents of $368 million, total debt of $27.615 billion, and total assets of $24.070 billion. During the second quarter, capital ex
'/>"/>

SOURCE HCA
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14

Related medicine news :

1. New Study Reports High Injury Rates for Hotel Workers, Even Higher Rates for Women and Nonwhites
2. Haemacure Reports Third Quarter 2007 Results
3. First-Ever List of the 5,000 Fastest-Growing Businesses Reports Total Revenue of $194.5 Billion
4. Consumer Reports Analysis: Drugs for Nerve Pain, Fibromyalgia Effective, But Not Always Best
5. MDS Reports Third Quarter 2007 Results
6. Allied Healthcare Reports Strong Fourth Quarter, Flat Net Income for Fiscal 2007 vs. 2006
7. AtriCure Reports First Human Implant of the Cosgrove-Gillinov Left Atrial Appendage Occlusion System
8. NMHC Reports Fourth Quarter and Fiscal Year 2007 Financial Results
9. Blue Cross and Blue Shield of Florida Reports Eighteenth Consecutive Year of Positive Performance
10. ReBuilder Medical Technologies, Inc. Reports International Sales Expansion
11. AdCare Health Systems, Inc. Reports Discontinuation of Definitive Merger Agreement with Family Home Health Services, Inc.

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/8/2009)...biopharmaceuticals to be available at the Company&... Toronto, ON (PRWEB) November 8, 2...ure Biopharma Inc. today announced that the Compan...eutical grade freeze dryer and expects to make com...able for contract manufacturing of biopharmaceutic...
(Date:11/8/2009)...e in the Western District of Pennsylvania award a ...ing for a medical malpractice case. Attorneys Tho...omas E. Crenney and Associates, LLC handled the ca...d against the Uniontown Hospital. The woman had t...t age 18. , Pittsburgh, P...
(Date:11/8/2009)...e is won," said Dr. Charmaine Yoest. ,, WASHIN...of 240-194, the Stupak-Ellsworth-Pitts-Kaptur-Dahl...on mandates and funding in HR 3962 passed on the H... President and CEO Dr. Charmaine Yoest said, "The ...-life Americans across this country who have flood...
(Date:11/8/2009)...wire/ -- USAction this evening hailed passage of t...ill make health care more affordable for consumers...e access to health care for millions of Americans ...DR and Harry Truman would be proud," said USAction...s among our country,s proudest achievements. Today...
(Date:11/8/2009)... to Secure the Stability of Medicare ,, HOUSTO...ributable to: J. James Rohack, M.D., President, Am...www.newscom.com/cgi-bin/prnh/20081209/AMALOGO ) ...th reform bill, which will help improve the health...swift passage of H.R. 3961 to secure the stability...
Breaking Medicine News(10 mins):Health News:Therapure Biopharma Inc. Announces Delivery of its First Commercial-Scale Lyophilizer 2Health News:Pennsylvania Jury Awards $2.3 Million to Fayette County Woman in Medical Malpractice Case 2Health News:Americans United for Life Action Comments on Passage of Pro-Life Amendment: Bipartisan Pro-life Majority Reflects the Will of the American People 2Health News:AMA Hails House Passage of Health Reform Bill (H.R. 3962) 2
... failure patients in United States have better sho... lose that advantage over time.// Their study...ves of Internal Medicine. Heart failure is th...ne-year risk-standardized mortality rates among 28...
... office atmosphere by reducing the workload and pr...Numerous studies have already demonstrated // the ...front of the computers. A new study now reveal...led dry eye. Dry eye is an irritating, painful con...
...te (QBI) have now found a process that could lead...suffering from dementia and acquired brain injury....part of the brain commonly associated with memory ...fessor Perry Bartlett, from The University of Quee...
... over the alarming increase of spread of HIV infec...aid that Indonesia has to face the AIDS effectivel...ead of HIV in Asis has become very high as one in ...of the spread of the communicable disease AIDS is ...
...dia’s Health Minister Anbumani Ramadoss on 29 Nove... made towards achieving the Millennium Development...ed to make recommendations and suggestions, and la...ef Yogi Deveshwar, and the head of the lobby's nat...
...gists has revealed that the libido of a patient ma...ing epilepsy.// The secretion and creation of test...ble of reducing the sexual drive of the patient. ... no drugs help, which is the case for about one-qu...
Other Medicine News:Health News:Disparity In Survival Rates In US and Canadian heart Patients 2Health News:Not Blinking Enough In Front Of The Computer Can Cause Dry Eye 2Health News:Research Targets treatment for dementia and brain injuries 2
(Date:11/6/2009)... Oxygen Biotherapeutics, ...at a previously approved reverse split of its comm...on Monday, Nov. 9, 2009 on a 1-for-15 split-adjust... trade under the new symbol OXBT. The stock also w... split becomes effective. ,, "This reverse spli...
(Date:11/6/2009).... 6 Watson Pharmaceutica...ceutical company, announced today that Paul Bisaro...will provide an overview and update of the Company...hcare Conference on Wednesday, November 11, 2009 a...ntation will be webcast live and can be accessed o...
(Date:11/6/2009)...ov. 6 The ,Help is Here...ina and Georgia throughout the week of November 9-...d financially-struggling patients access informati... for free or nearly free. With the nation,s unempl...hip for Prescription Assistance (PPA) bus tour is ...
Breaking Medicine Technology:Oxygen Biotherapeutics, Inc. Announces 1:15 Reverse Stock Split to Take Effect Nov. 9, 2009 2Oxygen Biotherapeutics, Inc. Announces 1:15 Reverse Stock Split to Take Effect Nov. 9, 2009 3Partnership for Prescription Assistance Prepared to Help Southern Workers Hurt by Recession 2Partnership for Prescription Assistance Prepared to Help Southern Workers Hurt by Recession 3NYCs Only Walk in Botox Clinic SmoothMED Where Boytox Hits Men Right in the Brow 21 54529 1Edifecs Launches the Edifecs5010 28TM 29 Compliance Suite of Tools Resources and Services for 5010 Migration 54526 1Edifecs Launches the Edifecs5010 28TM 29 Compliance Suite of Tools Resources and Services for 5010 Migration 54526 2Edifecs Launches the Edifecs5010 28TM 29 Compliance Suite of Tools Resources and Services for 5010 Migration 54526 3Elpac Power System Extends Energy Star Portfolio with 65 Watt External Power Supply 54525 1Elpac Power System Extends Energy Star Portfolio with 65 Watt External Power Supply 54525 2
...s Overall Survival by 33% 3.5 Years Post Surgery, ...- CEL-SCI,CORPORATION announced today that its can...ncrease long term overall survival in a,Phase II s...re,presented on May 20, 2007 at the First Internat... Oral Oncology in Amsterdam, the,Netherlands, by D...
...INESS WIRE)--May 21, 2007 - Cougar Biotechnology,...ase I and Phase,II data on the Company,s prostate ... was presented at the American Urological,Associat...g place,in Anaheim, California. The data was prese...h UK Centre for Cancer Therapeutics at,The Institu...
Other Medicine Technology:CEL-SCI Presents Long-Term Cancer Survival Data With Multikine 2CEL-SCI Presents Long-Term Cancer Survival Data With Multikine 3Cougar Biotechnology Announces Presentation of Positive CB7630,Clinical Data at AUA Annual Meeting 2Cougar Biotechnology Announces Presentation of Positive CB7630,Clinical Data at AUA Annual Meeting 3Cougar Biotechnology Announces Presentation of Positive CB7630,Clinical Data at AUA Annual Meeting 4
... Drawing on over 20 years of CT engineering innova... 16 is at the forefront of the revolution in CT im... data at high speed with superb spatial resolution... clinical experience and close cooperation with le...
... The Mx8000 IDT 16 is Philips premium 16-slice CT ...are performed to automatically delivering high qua...ates a new direction in a platform that has been t...o comprehensive organ assessment literally within ...
... The TLIF Instruments are designed to facilitate d... non-structural bone graft during interbody fusion...ow easy use during TLIF, for which they were prima...effectively in PLIF and ALIF. Disc rongeurs: used ...
Pathfinder
Medicine Products: