For Most of COVID-19 Pandemic, Major For-Profit Hospitals’ Operating Margins Exceeded Years Prior

Operating margins at the three largest for-profit healthcare systems in the country — HCA Healthcare, Tenet Healthcare and Community Health Systems — have exceeded pre-pandemic levels for the majority of the COVID-19 pandemic, according to a report out Monday from the Kaiser Family Foundation.

HCA and Tenet in particular have had high operating margins of at least 10% and at least 5%, respectively, in nine out of 11 quarters.

CHS’ operating margins have been less than 5% in nine out of 11 quarters, though still exceeding pre-pandemic levels for most of the COVID-19 crisis, according to KFF. Read more.

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