HCA Healthcare Medicaid — Revenues From Third Party Payers decreased by 3.5% to $1.44B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.3%, from $1.19B to $1.44B. Over 4 years (FY 2021 to FY 2025), Medicaid — Revenues From Third Party Payers shows an upward trend with a 26.7% CAGR.
An increase suggests higher patient volume or expanded service delivery to Medicaid-eligible populations, while a decrease may indicate shifts in payer mix or changes in state eligibility requirements.
This metric represents the total gross revenue generated by the organization specifically from government-sponsored Medi...
Peers in the acute-care hospital sector report this as a component of net patient service revenue, often categorized under government payer mix.
hca_segment_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 | $503.00M | $692.00M | $568.00M | $579.00M | $611.00M | $797.00M | $649.00M | $735.00M | $742.00M | $1.00B | $1.13B | $1.00B | $1.11B | $1.21B | $1.36B | $1.19B | $1.44B | $1.78B | $1.50B | $1.44B |
| QoQ Change | — | +37.6% | -17.9% | +1.9% | +5.5% | +30.4% | -18.6% | +13.3% | +1.0% | +34.9% | +12.7% | -11.3% | +10.8% | +9.0% | +12.7% | -12.6% | +21.0% | +23.8% | -16.1% | -3.5% |
| YoY Change | — | — | — | — | +21.5% | +15.2% | +14.3% | +26.9% | +21.4% | +25.6% | +73.8% | +36.1% | +49.3% | +20.7% | +20.7% | +19.0% | +30.0% | +47.6% | +9.8% | +21.3% |