Products & Services · Revenues From Third Party Payers

Medicaid — Revenues From Third Party Payers

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.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026

How to read this metric

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.

Detailed definition

This metric represents the total gross revenue generated by the organization specifically from government-sponsored Medi...

Peer comparison

Peers in the acute-care hospital sector report this as a component of net patient service revenue, often categorized under government payer mix.

Metric ID: hca_segment_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$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%
Range$503.00M$1.78B
CAGR+24.9%
Avg YoY Growth+28.3%
Median YoY Growth+21.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is HCA Healthcare's medicaid — revenues from third party payers?
HCA Healthcare (HCA) reported medicaid — revenues from third party payers of $1.44B in Q1 2026.
How has HCA Healthcare's medicaid — revenues from third party payers changed year-over-year?
HCA Healthcare's medicaid — revenues from third party payers increased by 21.3% year-over-year, from $1.19B to $1.44B.
What is the long-term trend for HCA Healthcare's medicaid — revenues from third party payers?
Over 4 years (2021 to 2025), HCA Healthcare's medicaid — revenues from third party payers has grown at a 26.7% compound annual growth rate (CAGR), from $2.29B to $5.91B.
What does medicaid — revenues from third party payers mean?
The total revenue earned from providing healthcare services to patients covered by Medicaid insurance programs.