HCA Healthcare (HCA.N) cut its annual profit forecast on Tuesday, citing a rise in the number of uninsured patients, largely those who dropped coverage under “Obamacare” plans. Americans are dropping off the plans — established under former President Barack Obama’s Affordable Care Act — this year as many struggle to make payments due to the end of extra subsidies created during the COVID-19 pandemic. “Obamacare” enrollment fell 13% this year, and hospitals now face declining elective surgeries and diagnostic volumes, even as costs rise from providing uncompensated care to more uninsured patients. For the second quarter, HCA’s same-facility inpatient surgeries declined 2.3% and outpatient surgeries declined 3.4%.
Read the full article: HCA Cuts Profit Forecast as Obamacare Coverage Losses Drive up Uninsured Patients //
Source: https://www.reuters.com/business/healthcare-pharmaceuticals/hca-reports-preliminary-quarterly-revenue-above-expectations-2026-07-14/