- HCA Holdings reported strong Q4 2015 results after a less than stellar performance in the third quarter.
- Revenues for the quarter were $10.2 billion, up 6.4% from a year earlier, while full-year revenues reached $39.7 billion versus $36.9 billion in 2014—yielding $2.13 billion in net income, the company reported.
- Guidance issued for 2016 predicts revenues of up to $42.5 billion.
The fourth quarter performance bodes well for HCA in the coming year. During a Thursday earnings call, CEO Milton Johnson said the company believes it is “well-positioned for continued success.”
As the nation’s largest hospital company, HCA’s solid showing should also be reassuring the healthcare industry generally.
Officials credited the results in part to enhanced productivity, but also acknowledged continuing problems retaining staff at HCA hospitals, especially nurses, the Nashville Business Journal reported.