HCA Healthcare Managed Medicaid — Revenues From Third Party Payers Ratio remained flat by 0.0% to 4.9% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 72.8%, from 18.0% to 4.9%.
An increase indicates a higher concentration of revenue from managed Medicaid, which may suggest greater exposure to government reimbursement policy changes, while a decrease suggests diversification into other payer types.
This ratio represents the proportion of total segment revenue derived from managed Medicaid programs relative to the bro...
Peers in the acute-care hospital sector typically report Medicaid exposure as a percentage of total patient revenue, allowing for benchmarking against regional and national payer mix trends.
hca_segment_managed_medicaid_revenues_from_third_party_payers_ratio| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 5.8% | 5.3% | 7.4% | 6.4% | 6.3% | 5.9% | 5.6% | 6.4% | 5.6% | 5.9% | 5.9% | 18% | 4.8% | 4.9% | 4.9% |
| QoQ Change | — | -8.6% | +39.6% | -13.5% | -1.6% | -6.3% | -5.1% | +14.3% | -12.5% | +5.4% | +0.0% | +205.1% | -73.3% | +2.1% | +0.0% |
| YoY Change | — | — | — | +10.3% | +18.9% | -20.3% | -12.5% | +1.6% | -5.1% | +5.4% | -7.8% | +221.4% | -18.6% | -16.9% | -72.8% |