HCA · 10-Q · 2026Q3 · Full report

Uninsured Patient Trends

HCA Healthcare, Inc. · 2026-10-29 · Importance 67 · Surprise 66 · From source text

Consolidated and same-facility uninsured admissions increased 27.2% and 27.4%, respectively, in the third quarter of 2026 year over year. Same-facility uninsured admissions rose 23.4% in the second quarter and 15.5% in the first quarter, following much smaller changes in 2025. HCA attributed the increases to the expiration of enhanced premium tax credits and administrative reforms affecting Exchange coverage, as well as a decline in Medicaid conversions. Estimated uncompensated-care costs reached $1.477 billion for the quarter and $4.174 billion for the first nine months, up from $1.188 billion and $3.359 billion, respectively, a year earlier.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
operating_incomenegativerealized-4.1%Estimated total uncompensated care cost was $4.174 billion in the first nine months of 2026 versus $3.359 billion in the same 2025 period.
operating_incomenegativerealized-1.5%Estimated total uncompensated care cost was $1.477 billion in third-quarter 2026 versus $1.188 billion in third-quarter 2025.