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Occupancy Rate % shows the actual utilization of an inpatient health facility for a given time period.
HCA Healthcare's Occupancy Rate % for the quarter that ended in Dec. 2023 was 72.50% , which is higher than 71.40% for the pervious quarter ended in Sep. 2023.
HCA Healthcare's Occupancy Rate % for the annual that ended in Dec. 2023 was 72.30% , which is higher than 72.10% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for HCA Healthcare's Occupancy Rate % or its related term are showing as below:
The historical data trend for HCA Healthcare's Occupancy Rate % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HCA HealthcareQuarterly Data | ||||||||||||||||||||||
Trend | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | ||
Occupancy Rate % | Get a 7-Day Free Trial | |||||||||||||||||||||
Medicare Income Percentage of Revenue % | Get a 7-Day Free Trial | |||||||||||||||||||||
Medicaid Income Percentage of Revenue % | Get a 7-Day Free Trial | |||||||||||||||||||||
Managed Care Income Percentage of Revenue % | Get a 7-Day Free Trial | |||||||||||||||||||||
Change in Admissions % | Get a 7-Day Free Trial | |||||||||||||||||||||
Supplies Expense Percentage of Revenue % | Get a 7-Day Free Trial | |||||||||||||||||||||
Outpatient Services Income Percentage of Revenue % | Get a 7-Day Free Trial | |||||||||||||||||||||
Change in Equivalent Admissions % | Get a 7-Day Free Trial |
For the Medical Care Facilities subindustry, HCA Healthcare's Occupancy Rate %, along with its competitors' market caps and Occupancy Rate % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
To calculate Occupancy Rate %, we use inpatient days of care and bed days available. Inpatient days of care is the sum of each daily inpatient census for the year. Bed days available is the maximum number of inpatient days of care that would have been provided if all beds were filled during the year. The formula is:
Occupancy Rate % | = | ( Inpatient Days of Care | / | Bed Days Available ) | * | 100 % |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Occupancy Rate % is a calculation used to show the actual utilization of an inpatient health facility for a given time period. The occupancy rate reflects the degree to which hospital beds have been utilized even though the number of beds may have changed during the reporting period.
The average occupancy rate of community (that is, non-Federal, short-term general) hospitals is about 76%. We can recognize a hospital with a too-low occupancy rate as inefficient; such a hospital may find it hard to meet its profit goals. However, a constantly high occupancy rate may not be a good sign, either. Very high occupancy rates may reflect that the hospital is under great pressure from medical and labor sources. Thus, a reasonable occupancy rate is more acceptable than a high one.
Thank you for viewing the detailed overview of HCA Healthcare's Occupancy Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kathryn A. Torres | officer: SVP- Employer&Payer Engagement | ONE PARK PLAZA, NASHVILLE TN 37203 |
Jeffrey E. Cohen | officer: SVP-Government Relations | ONE PARK PLAZA, NASHVILLE TN 37203 |
Kathleen M Whalen | officer: SVP & Chief Ethics Officer | ONE PARK PLAZA, NASHVILLE TN 37203 |
Michael S. Cuffe | officer: President-Physician Services | ONE PARK PLAZA, NASHVILLE TN 37203 |
Erol R Akdamar | officer: Group President | ONE PARK PLAZA, NASHVILLE TN 37203 |
P. Martin Paslick | officer: SVP and CIO | ONE PARK PLAZA, NASHVILLE TN 37203 |
Jennifer Berres | officer: SVP & Chief Human Res. Officer | ONE PARK PLAZA, NASHVILLE TN 37203 |
Bill B Rutherford | officer: CFO - Eastern Group | ONE PARK PLAZA, NASHVILLE TN 37203 |
Deborah M Reiner | officer: SVP - Mktg. & Communications | ONE PARK PLAZA, NASHVILLE TN 37048 |
Jon M Foster | officer: Group President | ONE PARK PLAZA, NASHVILLE TN 37203 |
Christopher F. Wyatt | officer: SVP & Controller | ONE PARK PLAZA, NASHVILLE TN 37203 |
Timothy M Mcmanus | officer: Group President | ONE PARK PLAZA, NASHVILLE TN 37203 |
Richard A Hammett | officer: Group President | ONE PARK PLAZA, NASHVILLE TN 37203 |
Mike A Marks | officer: SVP-Finance | ONE PARK PLAZA, NASHVILLE TN 37203 |
Moore A Bruce Jr | officer: SVP-Operations Administration | ONE PARK PLAZA, NASHVILLE TN 37203 |
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