HCA Healthcare Patient Care Costs decreased by 0.5% to $16.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.0%, from $15.47B to $16.25B. Over 4 years (FY 2021 to FY 2025), Patient Care Costs shows an upward trend with a 6.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue indicates margin compression, while a decrease suggests improved operational efficiency or cost control.
This metric aggregates the direct expenses incurred in the delivery of medical services, including labor, medical suppli...
Commonly reported as the primary operating expense line item for hospital systems.
other_patient_care_costs| 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 | $11.95B | $12.80B | $12.68B | $12.74B | $12.52B | $12.83B | $13.08B | $13.16B | $13.56B | $14.12B | $14.50B | $14.78B | $14.76B | $15.08B | $15.44B | $15.47B | $15.64B | $16.20B | $16.34B | $16.25B |
| QoQ Change | — | +7.1% | -1.0% | +0.5% | -1.7% | +2.4% | +2.0% | +0.6% | +3.1% | +4.1% | +2.7% | +1.9% | -0.1% | +2.1% | +2.4% | +0.2% | +1.1% | +3.6% | +0.9% | -0.5% |
| YoY Change | — | — | — | — | +4.8% | +0.2% | +3.2% | +3.2% | +8.3% | +10.1% | +10.8% | +12.3% | +8.8% | +6.8% | +6.5% | +4.6% | +5.9% | +7.4% | +5.8% | +5.0% |