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HCA’s Profit Surprise and Stock Drop | Durham News
HCA Healthcare, America’s largest hospital network, surprised investors with strong revenue and profit—but its stock fell as a $400 million hit from uninsured patients erased gains. Rising insurance gaps, fueled by ACA marketplace changes, are leaving more people without coverage, hitting HCA’s cash flow. Medicaid helped cushion the blow this quarter, but that support is fading fast as the uninsured crisis grows. The company’s full-year outlook is now grim, with projected losses nearly doubling and surgery volumes dropping—despite rising ER visits. Analysts are divided: some see red flags…
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