HCA misses quarterly profit estimates on higher staffing cost

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SaltWire's Atlantic regional weather forecast for October 24, 2023 | SaltWire - HCA Healthcare missed Wall Street estimates for quarterly profit on Tuesday, hurt by an increase in staffing costs as the company was impacted by its physician staffing joint venture Valesco.

HCA, the largest for-profit hospital operator in the U.S., reported adjusted profit of $3.91 per share for the third quarter ended September, compared with analysts' average estimate of $3.98 per share, according to LSEG data.

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