HCA expects added expenses and lost revenue from hurricanes will top $250 million

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Department of Health and Human Services’ Administration for Strategic Preparedness and Response HCA Mission Hospital in Asheville, N.C., was damaged by Hurricane Helene in September 2024. HCA says generators and a tanker ferry system to bring in fresh water allowed the hospital to care for patients. HHS eventually set up a field hospital in the parking lot to help care for the large number of addition patients.

HCA Healthcare on Friday estimated that hurricanes Helene and Milton will cause $250 million to $350 million in additional expenses and lost revenue at its facilities in Florida and other states.

In a report filed with the U.S. Securities and Exchange Commission, the hospital industry giant said that during the year’s third quarter, which ended Sept. 30, it incurred an estimated $50 million in additional expenses and lost revenue in Florida, Georgia and North Carolina because of Helene.

It said it expects additional expenses during the fourth quarter of $200 million to $300 million because of continued effects of Helene in North Carolina and because of Milton…

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