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Basis of Presentation and Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
Schedule of Revenues from Third Party Payers, Uninsured and Other Payers Our revenues by primary third-party payer classification and other (including uninsured patients) for the quarters and six months ended June 30, 2024 and 2023 are summarized in the following table (dollars in millions):

 

 

Quarter

 

 

2024

 

 

Ratio

 

 

2023

 

 

Ratio

 

Medicare

 

$

2,621

 

 

 

15.0

%

 

$

2,567

 

 

 

16.2

%

Managed Medicare

 

 

2,913

 

 

 

16.7

 

 

 

2,541

 

 

 

16.0

 

Medicaid

 

 

1,108

 

 

 

6.3

 

 

 

742

 

 

 

4.7

 

Managed Medicaid

 

 

1,033

 

 

 

5.9

 

 

 

894

 

 

 

5.6

 

Managed care and insurers

 

 

8,549

 

 

 

48.8

 

 

 

7,830

 

 

 

49.4

 

International (managed care and insurers)

 

 

416

 

 

 

2.4

 

 

 

377

 

 

 

2.4

 

Other

 

 

852

 

 

 

4.9

 

 

 

910

 

 

 

5.7

 

Revenues

 

$

17,492

 

 

 

100.0

%

 

$

15,861

 

 

 

100.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months

 

 

2024

 

 

Ratio

 

 

2023

 

 

Ratio

 

Medicare

 

$

5,459

 

 

 

15.7

%

 

$

5,305

 

 

 

16.9

%

Managed Medicare

 

 

5,939

 

 

 

17.0

 

 

 

5,100

 

 

 

16.2

 

Medicaid

 

 

2,108

 

 

 

6.1

 

 

 

1,477

 

 

 

4.7

 

Managed Medicaid

 

 

2,011

 

 

 

5.8

 

 

 

1,807

 

 

 

5.7

 

Managed care and insurers

 

 

17,094

 

 

 

49.0

 

 

 

15,453

 

 

 

49.2

 

International (managed care and insurers)

 

 

828

 

 

 

2.4

 

 

 

752

 

 

 

2.4

 

Other

 

 

1,392

 

 

 

4.0

 

 

 

1,558

 

 

 

4.9

 

Revenues

 

$

34,831

 

 

 

100.0

%

 

$

31,452

 

 

 

100.0

%

Schedule of Estimated Cost of Uncompensated Care A summary of the estimated cost of total uncompensated care for the quarters and six months ended June 30, 2024 and 2023 follows (dollars in millions):

 

 

Quarter

 

 

Six Months

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Patient care costs (salaries and benefits, supplies, other operating
   expense and depreciation and amortization)

 

$

14,761

 

 

$

13,561

 

 

$

29,540

 

 

$

26,718

 

Cost-to-charges ratio (patient care costs as percentage of gross
   patient charges)

 

 

10.1

%

 

 

10.5

%

 

 

10.1

%

 

 

10.5

%

Total uncompensated care

 

$

10,611

 

 

$

8,483

 

 

$

20,613

 

 

$

16,474

 

Multiply by the cost-to-charges ratio

 

 

10.1

%

 

 

10.5

%

 

 

10.1

%

 

 

10.5

%

Estimated cost of total uncompensated care

 

$

1,072

 

 

$

899

 

 

$

2,082

 

 

$

1,730