HCA Healthcare Reports Lower Quarterly Profit Amid Hurricane Impact

Reported about 1 month ago

HCA Healthcare's quarterly profit fell short of expectations, with a forecasted $300 million loss for Q4 due to delays in medical procedures caused by recent hurricanes, leading to a 9% drop in its shares. The company, which operates the largest for-profit hospitals in the U.S., experienced revenue loss in Q3 from Hurricane Helene and anticipates continued negative effects into 2024, despite expectations for long-term growth.

Source: YAHOO

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