HCA Healthcare Medicaid — Revenues From Third Party Payers Ratio decreased by 18.3% to 7.6% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.9%, from 6.5% to 7.6%.
An increasing ratio indicates a shift toward government-funded patient populations, which may impact overall profit margins due to typically lower reimbursement rates compared to commercial insurance.
This ratio measures the proportion of total organizational revenue derived from Medicaid programs relative to the broade...
Similar to 'Medicaid Payer Mix' reported by other large hospital systems to demonstrate exposure to public health insurance reimbursement trends.
hca_segment_medicaid_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 | 3.5% | 4.5% | 3.9% | 4.1% | 5.3% | 4.7% | 4.7% | 6.2% | 5.8% | 6.3% | 6.9% | 6.5% | 7.7% | 9.3% | 7.6% |
| QoQ Change | — | +28.6% | -13.3% | +5.1% | +29.3% | -11.3% | +0.0% | +31.9% | -6.5% | +8.6% | +9.5% | -5.8% | +18.5% | +20.8% | -18.3% |
| YoY Change | — | — | — | +17.1% | +17.8% | +20.5% | +14.6% | +17.0% | +23.4% | +34.0% | +11.3% | +12.1% | +22.2% | +34.8% | +16.9% |