HCA Reports First Quarter 2009 Results 2009: Nashville Tenn

HCA Reports First Quarter 2009 Results

NASHVILLE, Tenn., April 27 /PRNewswire/ -- HCA Inc.

today announced financial and operating results for its first quarter ended March 31, 2009. First Quarter Summary: Revenues increased 4.3 percent to $7.431 billion. Net income attributable to HCA Inc. totaled $360 million, compared to $170 million in the prior year's first quarter. Adjusted EBITDA totaled $1.457 billion, compared to $1.180 billion in the first quarter of 2008. Provision for doubtful accounts decreased to $807 million, from $888 million in the prior year. Interest expense decreased to $471 million, from $530 million in the prior year's first quarter. Same facility equivalent admissions increased 1.9 percent, and same facility admissions declined 0.9 percent in the first quarter compared to the first quarter of 2008. Same facility revenue per equivalent admission increased 2.7 percent. Total surgeries on a same facility basis declined 0.6 percent from the previous year's first quarter.

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