HCA Healthcare's revenue increased year over year in the third quarter of 2019, but the Nashville, Tenn.-based company's profit declined.
Four things to know:
1. HCA's revenues increased 10.9 percent year over year to $12.7 billion in the third quarter of 2019.
2. HCA said same-hospital admissions increased 3.2 percent year over year.
3. The company's operating expenses totaled $10.4 billion in the third quarter of 2019, up from $9.4 billion in the third quarter of 2018. Labor and supplies costs climbed 11 percent and 10.6 percent, respectively, year over year.
4. HCA ended the third quarter of 2019 with net income of $612 million, down 19 percent from $759 million in the same period a year earlier.
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