Four of the largest for-profit health systems in the country ended the second quarter with healthy operating margins, building on first-quarter performances as patient volumes rebound and spending on high-cost contract labor declined.
Here's how Tenet Healthcare, HCA Healthcare, Universal Health Services and Community Health systems compare by revenue, expenses and operating margins in the second quarter:
Revenue: $5.08 billion
Expenses: $4.54 billion
Operating income/loss: $604 million
Operating margin: 11.9 percent
2. HCA Healthcare (Nashville, Tenn.)
Revenue: $15.9 billion
Expenses: $14.1 billion
Operating income/loss: $1.8 billion
Operating margin: 11.4 percent
3. Universal Health Services (King of Prussia, Pa.)
Revenue: $3.5 billion
Expenses: $3.3 billion
Operating income/loss: $280.1 million
Operating margin: 8 percent
4. Community Health Systems (Franklin, Tenn.)
Revenue: $3.1 billion
Expenses: $2.9 billion
Operating income/loss: $246 million
Operating margin: 7.9 percent