Products & Services · Revenues From Third Party Payers

Managed Medicaid — Revenues From Third Party Payers

HCA Healthcare Managed Medicaid — Revenues From Third Party Payers decreased by 2.8% to $939.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.8%, from $879.00M to $939.00M. Over 4 years (FY 2021 to FY 2025), Managed Medicaid — Revenues From Third Party Payers shows an upward trend with a 4.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026

How to read this metric

An increase suggests growth in patient volume or improved reimbursement rates within the managed Medicaid segment, while a decrease may signal reduced patient access or unfavorable changes in state-level funding.

Detailed definition

This metric quantifies the total gross revenue generated by a specific business segment through managed Medicaid third-p...

Peer comparison

Most large-scale hospital operators disclose Medicaid revenue figures, which are often compared against total net patient service revenue to assess payer mix quality and stability.

Metric ID: hca_segment_managed_medicaid_revenues_from_third_party_payers

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$831.00M$813.00M$755.00M$1.11B$954.00M$939.00M$995.00M$913.00M$894.00M$1.04B$1.03B$978.00M$1.03B$1.03B$938.00M$879.00M$899.00M$949.00M$966.00M$939.00M
QoQ Change-2.2%-7.1%+47.0%-14.1%-1.6%+6.0%-8.2%-2.1%+16.2%-0.6%-5.3%+5.6%-0.2%-9.0%-6.3%+2.3%+5.6%+1.8%-2.8%
YoY Change+14.8%+15.5%+31.8%-17.7%-6.3%+10.6%+3.8%+7.1%+15.5%-0.8%-9.2%-10.1%-13.0%-8.0%+3.0%+6.8%
Range$755.00M$1.11B
CAGR+2.6%
Avg YoY Growth+2.7%
Median YoY Growth+3.4%

Frequently Asked Questions

What is HCA Healthcare's managed medicaid — revenues from third party payers?
HCA Healthcare (HCA) reported managed medicaid — revenues from third party payers of $939.00M in Q1 2026.
How has HCA Healthcare's managed medicaid — revenues from third party payers changed year-over-year?
HCA Healthcare's managed medicaid — revenues from third party payers increased by 6.8% year-over-year, from $879.00M to $939.00M.
What is the long-term trend for HCA Healthcare's managed medicaid — revenues from third party payers?
Over 4 years (2021 to 2025), HCA Healthcare's managed medicaid — revenues from third party payers has grown at a 4.3% compound annual growth rate (CAGR), from $3.12B to $3.69B.
What does managed medicaid — revenues from third party payers mean?
The total dollar amount of revenue a segment earns from managed Medicaid insurance plans.