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HCA Healthcare HCA Managed Medicare — Revenues From Third Party Payers

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CYHManaged Care And Other Third Party Payors — Revenue
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UHSManaged Medicare — Revenue
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SEMMedicare — Revenue
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RDNTMedicare — Total consolidated revenues
$137.18M+26.8%

Other financials

Income statement

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Revenue$19.1B+4.3%
Net income$1.6B+0.6%
EPS (diluted)$7.15+10.9%

Balance sheet

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Cash & equivalents$940.0M-11.3%
Total debt$49.8B+7.3%
Total equity-$6.3B-79.1%
Total assets$61.5B+2.8%

Cash flow

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Operating cash flow$2.0B+22.0%
CapEx$1.1B+12.9%
Free cash flow$895.0M+35.6%

Valuation

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Market cap$90.73B-0.5%
Enterprise value$139.64B-1.5%
P/E13.4×-1.9×
P/S1.2×-0.1×

Profitability

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Net margin8.9%+0.8pp
FCF margin10.4%+3.5pp

Returns & leverage

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Return on equity-138.3%
Debt / equity132.8×
Current ratio0.8×-0.4×

Where this comes from

Reported directly by HCA Healthcare in its filing.

Tagged under the XBRL concept hca:RevenuesFromThirdPartyPayers.

The official record: HCA Healthcare’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HCA Healthcare's managed medicare — revenues from third party payers?
HCA Healthcare (HCA) reported managed medicare — revenues from third party payers of $3.51B in Q1 2026.
How has HCA Healthcare's managed medicare — revenues from third party payers changed year-over-year?
HCA Healthcare's managed medicare — revenues from third party payers increased by 6.3% year-over-year, from $3.3B to $3.51B.
What is the long-term trend for HCA Healthcare's managed medicare — revenues from third party payers?
Over 4 years (2021 to 2025), HCA Healthcare's managed medicare — revenues from third party payers has grown at a 12.4% compound annual growth rate (CAGR), from $8.42B to $13.44B.
What does managed medicare — revenues from third party payers mean?
This metric represents the total gross revenue generated from services provided to patients covered under managed Medicare insurance plans. It reflects the scale of the organization's participation in government-sponsored, privately administered healthcare programs. Monitoring this revenue stream is essential for assessing the company's exposure to Medicare Advantage reimbursement rates and patient volume trends.