HCA swings profit but misses expectation | Local New
The Associated PresRn T.Com
Feb 03, 2004 | 86 views | 0 | 4 | |
NASHVILLE, Tenn. — HCA Inc. reported that fourth-quarter results swung to a profit, but the performance fell short of expectations. In quarter ending Dec. 31, net income totaled $317 million, or 63 cents a share, compared with a net loss of 20 cents a share a year earlier. But settlement of fraud charges and gains on sales of facilities lowered the earnings per share to 58 cents.
HCA is the parent company of Redmond Regional Medical Center