LifePoint Hospitals posts $39M profit for Q2

Brentwood, Tenn.-based LifePoint Hospitals' profit increased by 43.3 percent year-over-year to $39.1 million in the second quarter of this year.

LifePoint's posted $1.25 billion in total revenues, and revenues from continuing operations were $1.04 billion, up 17 percent from $894.9 million for the same period a year ago.

"We are pleased with our strong financial results for the second quarter and first half of 2014," said William F. Carpenter III, chairman and CEO of LifePoint Hospitals, in a news release. "Our results reflect improving margins, enhancements to patient safety and quality of care, the strength of our recent acquisitions, and our successful efforts to capture the benefits of expanded coverage under healthcare reform."

Based on second-quarter results, LifePoints' updated EBITDA are estimated to be between $605 million and $620 million.

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