HCA Healthcare Medicare — Revenues From Third Party Payers Ratio increased by 12.7% to 16.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.3%, from 15.8% to 16.0%.
An increase suggests higher reliance on government-funded healthcare programs, while a decrease indicates a shift toward private insurance or other revenue streams.
This ratio represents the proportion of total company revenue derived from Medicare services relative to the broader thi...
Peer healthcare providers typically report similar payer mix ratios to highlight their sensitivity to CMS (Centers for Medicare & Medicaid Services) policy changes.
hca_segment_medicare_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 | 18.1% | 17.3% | 18.2% | 16.8% | 17.2% | 17.6% | 16.2% | 15.8% | 16.4% | 15% | 14.8% | 15.8% | 15.1% | 14.2% | 16% |
| QoQ Change | — | -4.4% | +5.2% | -7.7% | +2.4% | +2.3% | -8.0% | -2.5% | +3.8% | -8.5% | -1.3% | +6.8% | -4.4% | -6.0% | +12.7% |
| YoY Change | — | — | — | -7.2% | -0.6% | -3.3% | -3.6% | -8.1% | -6.8% | -7.4% | -6.3% | -3.7% | +0.7% | -4.1% | +1.3% |