The corporate says that Q3 outcomes embody reversal of $822M in authorities stimulus earnings recorded in Q2, associated to basic distribution funds acquired beneath the CARES Act, in addition to losses on retirement of debt of $211M.
Expects adjusted EBITDA of ~$2.03B barely larger than final yr.
Prelim 3Q identical facility equal admissions -4%, and income per equal admission +15%.
HCA will report Q3 monetary outcomes on October 26.
Moreover, the corporate mentioned it should return, or repay early, ~$6B of presidency help funds acquired as a part of CARES Act.