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Basis of Presentation and Significant Accounting Policies (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2024 and 2023 are summarized in the following table (dollars in millions):

 

 

Quarter

 

 

2024

 

 

Ratio

 

 

2023

 

 

Ratio

 

Medicare

 

$

2,584

 

 

 

14.8

%

 

$

2,560

 

 

 

15.8

%

Managed Medicare

 

 

2,949

 

 

 

16.9

 

 

 

2,535

 

 

 

15.6

 

Medicaid

 

 

1,208

 

 

 

6.9

 

 

 

1,001

 

 

 

6.2

 

Managed Medicaid

 

 

1,031

 

 

 

5.9

 

 

 

1,039

 

 

 

6.4

 

Managed care and insurers

 

 

8,497

 

 

 

48.6

 

 

 

7,687

 

 

 

47.4

 

International (managed care and insurers)

 

 

424

 

 

 

2.4

 

 

 

375

 

 

 

2.3

 

Other

 

 

794

 

 

 

4.5

 

 

 

1,016

 

 

 

6.3

 

Revenues

 

$

17,487

 

 

 

100.0

%

 

$

16,213

 

 

 

100.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months

 

 

2024

 

 

Ratio

 

 

2023

 

 

Ratio

 

Medicare

 

$

8,043

 

 

 

15.4

%

 

$

7,865

 

 

 

16.5

%

Managed Medicare

 

 

8,888

 

 

 

17.0

 

 

 

7,635

 

 

 

16.0

 

Medicaid

 

 

3,316

 

 

 

6.3

 

 

 

2,478

 

 

 

5.2

 

Managed Medicaid

 

 

3,042

 

 

 

5.8

 

 

 

2,846

 

 

 

6.0

 

Managed care and insurers

 

 

25,591

 

 

 

49.0

 

 

 

23,140

 

 

 

48.5

 

International (managed care and insurers)

 

 

1,252

 

 

 

2.4

 

 

 

1,127

 

 

 

2.4

 

Other

 

 

2,186

 

 

 

4.1

 

 

 

2,574

 

 

 

5.4

 

Revenues

 

$

52,318

 

 

 

100.0

%

 

$

47,665

 

 

 

100.0

%

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

 

 

Quarter

 

 

Nine Months

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

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

 

$

15,077

 

 

$

14,121

 

 

$

44,617

 

 

$

40,839

 

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

 

 

10.3

%

 

 

10.9

%

 

 

10.2

%

 

 

10.6

%

Total uncompensated care

 

$

10,958

 

 

$

9,042

 

 

$

31,571

 

 

$

25,516

 

Multiply by the cost-to-charges ratio

 

 

10.3

%

 

 

10.9

%

 

 

10.2

%

 

 

10.6

%

Estimated cost of total uncompensated care

 

$

1,138

 

 

$

975

 

 

$

3,220

 

 

$

2,705