Roger W / Flickr Creative Commons

HCA, a publicly traded chain of 170 hospitals and 118 surgery centers, recorded only a mild boost to its profit from patients who bought health insurance through the Obamacare exchanges.

HCA's chief financial officer, Bill Rutherford, said on an earnings call Wednesday that even though HCA hospitals had seen more Obamacare patients in 2016, just 2.7% of all hospital admissions and 2.4% of emergency room visits were from exchange members. Obamacare had a net positive effect to HCA's adjusted earnings before interest, taxes, depreciation and amortization of roughly 5%.

For 2017, Rutherford said the $41.5 billion company expects to see a modest increase in Obamacare patients, but he admitted that's a "subjective" guess given the current climate to repeal and replace the law.

Why this matters: People with Obamacare coverage have gone to the hospital and doctor more, but those patients are just a small fraction of a hospital's business. Medicare and Medicaid, the two primary government health insurance programs, are much more vital to hospital chains like HCA. Obamacare's Medicaid expansion, in particular, has heavily reduced uncompensated care.

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Updated 2 hours ago - World

Pandemic plunges U.K. into "largest recession on record"

The scene near the Royal Exchange and the Bank of England in the City of London, England. Photo: Tolga Akmen/AFP via Getty Images

The United Kingdom slumped into recession as its gross domestic product GDP shrank 20.4% compared with the first three months of the year, the Office of National Statistics (ONS) confirmed Wednesday.

Why it matters: Per an ONS statement, "It is clear that the U.K. is in the largest recession on record." The U.K. has faired worse than any other major European economy from coronavirus lockdowns, Bloomberg notes. And finance minister Rishi Sunak warns the situation is likely to worsen.

Updated 2 hours ago - Health

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

The United Kingdom slumped into recession on Wednesday, as its gross domestic product GDP shrank 20.4% compared with the first three months of the year.

By the numbers: Over 741,400 people have died of the novel coronavirus globally and more than 20.2 million have tested positive, per Johns Hopkins. Almost 12.6 million have recovered from the virus.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 3 a.m. ET: 20,294,091 — Total deaths: 741,420— Total recoveries: 12,591,454Map.
  2. U.S.: Total confirmed cases as of 3 a.m. ET: 5,141,207 — Total deaths: 164,537 — Total recoveries: 1,714,960 — Total tests: 63,252,257Map.
  3. States: Georgia reports 137 coronavirus deaths, setting new daily record Florida reports another daily record for deaths.
  4. Health care: Trump administration buys 100 million doses of Moderna's coronavirus vaccine.
  5. Business: Moderna reveals it may not hold patent rights for vaccine.
  6. Sports: Big Ten scraps fall football season.
  7. World: Anthony Fauci "seriously" doubts Russia's coronavirus vaccine is safe