HCA Healthcare Payor Mix by Year

HCA Healthcare Payor Mix: $36,968M in FY2025, up 5.8% from a year earlier. That is the highest of the 9 years on record here.

Source: HCA 10-K (XBRL RevenuesFromThirdPartyPayers) ↗

Commercial managed care plans, exchange plans, and other private insurers (44.6% of total revenues in Q2 2026).

• Managed Care and Other Insurers — Share of Total Revenues (%)49.5% · FY2025
• Managed Medicare (Medicare Advantage) Revenue13,435 · FY2025
• Managed Medicare — Share of Total Revenues (%)17.0% · FY2025
• Medicare Fee-for-Service (Traditional Medicare) Revenue11,273 · FY2025
• Medicare Fee-for-Service — Share of Total Revenues (%)15.3% · FY2025
• Medicaid Fee-for-Service (including State Directed/Supplemental Payments) Revenue5,909 · FY2025
• Medicaid Fee-for-Service — Share of Total Revenues (%)6.6% · FY2025
• Managed Medicaid Revenue3,693 · FY2025
• Managed Medicaid — Share of Total Revenues (%)5.6% · FY2025
• International (United Kingdom) Revenue1,864 · FY2025
• International (UK) — Share of Total Revenues (%)2.4% · FY2025
• Other Patient & Non-Patient Revenue (net of Uninsured Implicit Concessions)2,458 · FY2025
• Other Revenue — Share of Total Revenues (%)3.6% · FY2025
• Medicare & Medicaid Cost Report Settlements — Current Year Adjustments31 · FY2025
• Medicare & Medicaid Cost Report Settlements — Prior Years Adjustments32 · FY2025

See every metric in the HCA Healthcare KPI table. Data updated Oct 29, 2026.