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HCA misses revenue estimates on lower COVID-19 admissions

By Reuters  
   October 21, 2022

HCA Healthcare Inc on Friday reported lower-than-expected third-quarter revenue as hospital admissions related to COVID-19 dropped, dragging its shares nearly 5% lower in premarket trade. The decline in COVID-related admissions, which had peaked due to the Delta variant-led wave last year, led to a 1.5% drop in overall same-facility admissions, and a 3.5% fall in same-facility revenue per equivalent admission.

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