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Segment Information
9 Months Ended
Sep. 30, 2013
Segment Information [Abstract]  
Segment Information Disclosure

15.  SEGMENT INFORMATION 

 

Prior to the quarter ended March 31, 2013, the Company operated 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). During the quarter ended March 31, 2013, the chief operating decision maker stopped receiving discrete financial information for the hospital management services, so it no longer meets the criteria as a separate operating segment.  The Company operates in two operating segments, hospital operations and home care agency operations. Financial information for hospital management services is now presented as a component of the hospital operations segment. The financial information from prior years has been revised to reflect the change in the composition of the Company’s operating segments.  Consistent with 2012, the Company presents two reportable segments, as noted below. 

 

Only the hospital operations segment meets the criteria as a separate reportable segment. The financial information for the home care agency segment does not meet the quantitative thresholds for a separate identifiable reportable segment and is combined into the corporate and all other reportable segment.

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

September 30,

 

September 30,

 

2013

 

2012

 

2013

 

2012

Net operating revenues:

 

 

 

 

 

 

 

 

 

 

 

Hospital operations

$

3,170,427 

 

$

3,169,622 

 

$

9,629,555 

 

$

9,625,299 

Corporate and all other

 

47,804 

 

 

42,408 

 

 

136,817 

 

 

126,740 

Total

$

3,218,231 

 

$

3,212,030 

 

$

9,766,372 

 

$

9,752,039 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations before income taxes:

 

 

 

 

 

 

 

 

 

 

 

Hospital operations

$

84,104 

 

$

143,474 

 

$

405,832 

 

$

560,032 

Corporate and all other

 

(59,064)

 

 

(59,016)

 

 

(172,196)

 

 

(178,351)

Total

$

25,040 

 

$

84,458 

 

$

233,636 

 

$

381,681