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.
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.
This metric quantifies the total gross revenue generated by a specific business segment through managed Medicaid third-p...
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.
hca_segment_managed_medicaid_revenues_from_third_party_payers| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |