Tenet, HCA report Q2 earnings, boost outlook

Tara Bannow covers hospitals, providers, and insurers. You can reach Tara on Signal at tarabannow.70.

Two major investor-owned hospital chains upped their 2025 revenue and profit forecasts this week, in stark contrast to health insurers, who’ve been doing the opposite. 

HCA Healthcare and Tenet Healthcare, for-profit chains that collectively own 240 hospitals, both said their revenue and profit came in stronger than expected in the second quarter, which ended June 30, prompting them to issue more optimistic financial forecasts for the year.

Centene on Friday became the sixth insurer to offer up a gloomier financial outlook for the year than it had previously, after Elevance did the same last week.