HCA Healthcare 2024 Revenue Rises Amid Challenges

HCA Healthcare reported an annual revenue growth to $70.6 billion for 2024, despite challenges from hurricanes Helene and Milton, which caused a $200 million revenue loss and impacted facilities in North Carolina and Florida. In the fourth quarter, HCA's net income decreased to $1.44 billion, with earnings per share impacted by approximately $0.60 due to these natural disasters. Despite lower-than-expected quarterly earnings, HCA exceeded some analysts' estimates with adjusted earnings of $6.22 per share. The hospital operator is set to sell a California hospital, causing a $195 million loss in Q4, and plans to integrate it into the Santa Clara Valley Healthcare system. Looking forward, HCA forecasts a strong 2025 with expected profits ranging from $24.05 to $25.85 per share, driven by increased demand for medical procedures and lower operational costs. Overall, HCA's operational performance, including rises in facility admissions and surgeries, indicates resilience amidst environmental disruptions.