Major for-profit hospital operators produced mixed results in the fourth quarter of 2015.
1. Community Health Systems reported revenue of $4.8 billion in the fourth quarter of 2015, down 2.4 percent from the same period of the year prior. The Franklin, Tenn.-based for-profit hospital operator ended the final quarter of 2015 with a loss of $83 million, down from a profit of $100 million a year earlier.
2. Dallas-based Tenet Healthcare reported revenue rose to $5 billion in the fourth quarter of 2015, up 12.6 percent from the same period a year earlier. Tenet posted a net loss of $97 million in the final quarter of 2015, compared to a net profit of $61 million a year earlier.
3. King of Prussia, Pa.-based Universal Health Services reported revenue increased 6.4 percent year over year to $2.3 billion in the final quarter of 2015. UHS said net income grew to $173.7 million in the fourth quarter of 2015, up less than 1 percent from a year earlier.
4. LifePoint Health reported revenue of nearly $1.4 billion in the fourth quarter of 2015, up 8.5 percent from the same period of the year prior. The Brentwood, Tenn.-based for-profit hospital operator said net income increased to $55.4 million in the final quarter of last year, up from $26.7 million in the same period of 2014.
5. Nashville, Tenn.-based HCA Holdings reported revenue of $10.2 billion in the fourth quarter of 2015, up from $9.6 billion in the same period of the year prior. HCA posted net income of $592 million in the final quarter of 2015, up from $527 million a year earlier.
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