KHN Morning Briefing

Summaries of health policy coverage from major news organizations

HCA Profits Up, CVS Forecasts The Same On Filling More Prescriptions

HCA reports greater profits over higher admissions to their hospitals, while CVS Caremark forecasts higher profit on filling more prescriptions.

The Wall Street Journal: HCA 3rd-Quarter Profit Up 1.4% Amid Modest Growth in Admissions, Revenue
The company said it now expects adjusted earnings before interest, taxes, depreciation and amortization for the year near the upper end of its previously guidance for $6.25 billion to $6.5 billion (Stynes, 11/5).

Reuters: CVS Caremark Raises Outlook Sees Exchanges Helping In 2014
CVS Caremark Corp raised its profit forecast for the year on Tuesday, as sales grew at its drugstore chain and it processed more prescriptions from new clients. The company also said it expects private health insurance exchanges to help business next year (Wahba, 11/5).

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