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Segment Information
12 Months Ended
Dec. 31, 2011
Segment Information [Abstract]  
Segment Information
14. Segment Information

The Company operates in three distinct operating segments, represented by hospital operations (which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services), home care agency operations (which provide in-home outpatient care), and hospital management services (which provides executive management and consulting services to non-affiliated acute care hospitals). Only the hospital operations segment meets the criteria as a separate reportable segment. The financial information for the home care agencies and hospital management services segments do not meet the quantitative thresholds for a separate identifiable reportable segment and are combined into the corporate and all other reportable segment.

The accounting policies of the segments are the same as those described in the summary of significant accounting policies in Note 1. Expenditures for segment assets are reported on an accrual basis, which includes amounts that are reflected in accounts payable. Substantially all depreciation and amortization as reflected in the consolidated statements of income relates to the hospital operations segment.

The distribution between reportable segments of the Company’s net operating revenues, income from continuing operations before income taxes, expenditures for segment assets and total assets is summarized in the following tables (in thousands):

 

                         
    Year Ended December 31,  
    2011     2010     2009  

Net operating revenues:

                       

Hospital operations

  $ 11,631,382     $ 10,813,383     $ 10,065,457  

Corporate and all other

    274,830       279,039       268,044  
   

 

 

   

 

 

   

 

 

 
    $ 11,906,212     $ 11,092,422     $ 10,333,501  
   

 

 

   

 

 

   

 

 

 

Income from continuing operations before income taxes:

                       

Hospital operations

  $ 720,215     $ 662,303     $ 590,389  

Corporate and all other

    (246,668     (143,409     (142,727
   

 

 

   

 

 

   

 

 

 
    $ 473,547     $ 518,894     $ 447,662  
   

 

 

   

 

 

   

 

 

 

Expenditures for segment assets:

                       

Hospital operations

  $ 737,391     $ 646,509     $ 543,969  

Corporate and all other

    39,322       20,869       15,105  
   

 

 

   

 

 

   

 

 

 
    $ 776,713     $ 667,378     $ 559,074  
   

 

 

   

 

 

   

 

 

 
     
    December 31,        
    2011     2010        

Total assets:

                       

Hospital operations

  $ 13,984,964     $ 13,398,314          

Corporate and all other

    1,223,876       1,299,809          
   

 

 

   

 

 

         
    $ 15,208,840     $ 14,698,123