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HCA Healthcare Inc (HCA) provides investors and stakeholders with critical updates through this centralized news hub. Track the latest press releases, earnings reports, and operational developments from one of America's largest hospital operators.
This resource offers timely access to verified information on strategic partnerships, facility expansions, and healthcare service innovations. Users will find updates across key categories including quarterly financial results, clinical quality initiatives, and regulatory compliance matters.
Bookmark this page for efficient monitoring of HCA's evolving role in acute care delivery and outpatient services. Regular updates ensure you stay informed about operational milestones impacting the healthcare sector.
HCA Healthcare has launched a collaboration with Musicians On Call (MOC) to enhance patient experience through live music. This initiative includes a $1 million investment to develop MOC’s online platform, which aims to improve access to music programs in hospitals. MOC has positively impacted over 1 million people since its inception. The new platform could increase MOC's reach to up to ten times more hospitals. The partnership kicked off with a performance by Charles Esten at TriStar Centennial Medical Center, marking MOC’s first in-person event since the pandemic.
HCA Healthcare announced that 81% of its hospitals earned an “A” or “B” in the fall 2022 Leapfrog Hospital Safety Grade, significantly surpassing the national average of 57%. Notably, 82 hospitals received an “A,” with Rose Medical Center and St. David’s Medical Center achieving a “Straight A” designation since 2012. The Leapfrog Group evaluates hospitals based on patient safety measures. HCA emphasizes a culture of safety, aided by initiatives like the REDUCE MRSA study showing a 44% reduction in bloodstream infections.
HCA Healthcare announced the successful collection of 19,423 pounds of unused or expired medications during its fourth annual 'Crush the Crisis' opioid take back day on October 29, 2022. This marks a record for the event, surpassing last year's 15,566 pounds. Since its inception in 2017, approximately 54,644 pounds of medication have been collected. The initiative involved all 15 U.S. divisions and over 100 collection sites across 17 states, raising awareness about the dangers of opioid misuse.
HCA Healthcare (NYSE: HCA) will present at three healthcare conferences in November 2022. The first is on November 8 at 9:50 am PST during the Credit Suisse 31st Annual Healthcare Conference in Rancho Palos Verdes, CA. The second presentation is on November 16 at 8:40 am EST at the 4th Annual Wolfe Research Healthcare Conference in New York, NY. Lastly, on November 17 at 2:00 pm CST, they will participate in the Stephens Annual Investment Conference in Nashville, TN. Live audio webcasts and materials will be available on their website.
HCA Healthcare (NYSE:HCA) announced its fourth annual 'Crush the Crisis' opioid take back day on October 29, 2022, to combat opioid misuse. Over 100 facilities will partner with local law enforcement to collect unused medications. In 2021, over 107,000 drug overdose deaths occurred in the U.S., marking a 15% increase from 2020. Last year's event collected 15,566 pounds of medication. HCA Healthcare has donated $750,000 to develop safer pain management protocols and utilizes big data from 35 million patient encounters to enhance care.
HCA Healthcare, one of the leading healthcare providers in the U.S., announced a significant organizational change effective January 1, 2023. This involves creating a third operating group to enhance alignment with the company’s strategy and improve long-term performance. Jon Foster has been promoted to Executive Vice President & Chief Operating Officer, overseeing key operational areas. Additionally, several leadership promotions were announced across various divisions. This restructuring aims to streamline decision-making and provide focused support for the company’s networks.
HCA Healthcare reported third-quarter 2022 results, revealing revenues of $14.971 billion, a decrease from $15.276 billion in Q3 2021. Net income fell to $1.134 billion, or $3.91 per diluted share, compared to $2.269 billion, or $7.00 per diluted share, last year. Adjusted EBITDA was $2.902 billion, down from $3.224 billion. Same facility admissions declined by 1.5%, while equivalent admissions increased 2.3%. Hurricane Ian impacted operations with estimated costs of $35 million. The company also declared a quarterly dividend of $0.56 per share, payable on December 28, 2022.
The American Heart Association's initiative, Getting to the Heart of Stroke, is launched with HCA Healthcare to enhance stroke prevention and treatment. This program emphasizes education for communities and health professionals, focusing on reducing health disparities. The initiative will roll out individualized health education in 15 local markets across the U.S., promoting collaboration between neurology and cardiology. It aims to empower consumers to manage stroke risks and improve overall health outcomes, particularly for vulnerable populations.
HCA Healthcare has announced a $1.5 million donation to Fisk University to fund scholarships for nursing students. This donation is part of HCA's commitment to allocate $10 million over three years to Historically Black Colleges and Universities (HBCUs) and Hispanic Serving Institutions (HSIs). To date, HCA has pledged roughly $6.75 million in scholarships. This initiative aims to enhance diversity in the healthcare workforce by providing educational support and career guidance to students pursuing a Bachelor of Science in Nursing at Galen College of Nursing.
