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).

This is part of Kaiser Health News' Daily Report - a summary of health policy coverage from more than 300 news organizations. The full summary of the day's news can be found here and you can sign up for e-mail subscriptions to the Daily Report here. In addition, our staff of reporters and correspondents file original stories each day, which you can find on our home page.