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HCA Reports Second Quarter 2009 Results
Date:7/29/2009

NASHVILLE, Tenn., July 29 /PRNewswire/ -- HCA Inc. today announced financial and operating results for its second quarter ended June 30, 2009.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050825/CLTH069LOGO)

Second Quarter Summary:

  • Revenues increased 7.2 percent to $7.483 billion.
  • Net income attributable to HCA Inc. totaled $282 million, compared to $141 million in the prior year's second quarter.
  • Adjusted EBITDA totaled $1.399 billion, compared to $1.104 billion in the second quarter of 2008.
  • Provision for doubtful accounts totaled $866 million, compared to $813 million in the prior year.
  • Interest expense increased to $506 million from $494 million in the prior year's second quarter.
  • Same facility equivalent admissions increased 4.4 percent, while same facility admissions increased 1.9 percent in the second quarter compared to the same period last year.
  • Same facility revenue per equivalent admission increased 3.0 percent.
  • Total surgeries, on a same facility basis, increased 0.1 percent from the prior year's second quarter.

Revenues for the second quarter totaled $7.483 billion, compared to $6.980 billion in the second quarter of 2008. Adjusted EBITDA in the quarter totaled $1.399 billion, compared to $1.104 billion in the previous year's second quarter. A table describing adjusted EBITDA and reconciling net income attributable to HCA Inc. to adjusted EBITDA for these periods is included in this release. Net income attributable to HCA Inc. for the second quarter of 2009 totaled $282 million, compared to $141 million in the prior year's second quarter. Results f
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SOURCE HCA Inc.
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