Welcome to our dedicated page for HCA Healthcare news (Ticker: HCA), a resource for investors and traders seeking the latest updates and insights on HCA Healthcare stock.
HCA Healthcare, Inc. (symbol: HCA) is a prominent American for-profit operator of healthcare facilities, headquartered in Nashville, Tennessee. Established in 1968, HCA Healthcare is recognized as one of the largest healthcare providers in the United States. The company boasts an extensive network comprising 182 hospitals, 126 freestanding outpatient surgery centers, and numerous physician offices, urgent-care clinics, and freestanding emergency rooms.
HCA Healthcare's operations span across 20 states in the U.S. and extend to a small foothold in England. The organization is dedicated to delivering high-quality healthcare services through its acute-care hospitals and specialized facilities. Their comprehensive healthcare network ensures accessibility and comprehensive care for millions of patients annually.
Recent achievements include the expansion of telehealth services, enhancing patient access to medical consultations, and advancing clinical trials focused on innovative treatments. Financially, HCA Healthcare continues to demonstrate robust performance, with consistent revenue growth driven by patient services and strategic acquisitions. The company also collaborates with various medical institutions and organizations to foster medical research and improve healthcare outcomes.
HCA Healthcare remains committed to investing in cutting-edge medical technology and infrastructure, ensuring that their facilities are equipped with the latest advancements in healthcare. The company is also known for its community involvement, providing substantial charitable care and supporting health education initiatives.
HCA Healthcare's dedication to excellence in patient care and its extensive network of facilities make it a significant player in the healthcare industry.
HCA Healthcare reported strong third-quarter results for 2021, with revenues of $15.276 billion, up from $13.311 billion in 2020. Net income soared to $2.269 billion, or $7.00 per diluted share, compared to $668 million or $1.95 per diluted share last year. Adjusted EBITDA rose to $3.224 billion. Despite increased admissions (6.8%) and emergency room visits (31.2%), inpatient surgeries declined by 4.9%. HCA also declared a quarterly dividend of $0.48 per share. The company revised its 2021 guidance, expecting revenues between $58.7 billion and $59.3 billion.
HCA Healthcare (NYSE:HCA) announces its third annual "Crush the Crisis" event on October 23, 2021, tackling the opioid crisis by promoting safe disposal of unused medications. In collaboration with the DEA's National Prescription Drug Take Back Day, last year's events collected over 13,523 pounds of medications. With participation from around 96 HCA facilities across 17 states, the initiative aims to educate the public about opioid misuse. HCA is also committed to improving pain management and has pledged $750,000 to the National Academy of Medicine's collaborative effort against the opioid crisis.
HCA Healthcare (NYSE:HCA) announced a $1 million donation to Nashville Rescue Mission to support a new women’s shelter set to open in late 2023. This initiative marks over two decades of partnership with the Mission, with previous financial contributions totaling over $550,000. The shelter will provide 348 beds and aim to assist women and children facing homelessness and addiction. In 2020, HCA contributed $45 million to community organizations and logged over 83,000 hours of employee volunteer work.
HCA Healthcare, a prominent healthcare provider, recently presented the annual HCA Healthcare Awards of Distinction in Nashville, honoring individuals for their exceptional contributions to patient care and community service. The awards include the Frist Humanitarian Award, Innovators Award, and Excellence in Nursing Award, with recipients recognized for their compassion, innovative practices, and commitment to improving healthcare quality. Awards included financial donations to charities of the recipients' choice, highlighting HCA's dedication to social responsibility and professional excellence in healthcare.
HCA Healthcare announces the retirement of Bob Waterman, the longest-serving general counsel in the Fortune 100, effective September 30. He has contributed to the company for 24 years. Michael R. McAlevey, formerly with GE Healthcare, will succeed him as senior vice president and chief legal officer starting in early 2022. McAlevey brings extensive legal experience and has held various senior roles at GE. HCA Healthcare operates 187 hospitals and around 2,000 care sites across the U.S. and U.K., emphasizing patient-focused care.
HCA Healthcare will hold its 3Q Earnings Release Call on October 22, 2021, at 9:00 am CT (10:00 am ET). The call can be accessed live over the internet via this link. If you miss the live event, an archived version will be available on the same website. This earnings call is a key opportunity for investors to gain insights into HCA's financial performance and future outlook.
Medical Properties Trust (NYSE: MPW) has signed a new master lease agreement with HCA Healthcare (NYSE: HCA), leasing most of its Utah hospitals after HCA's acquisition of five facilities from Steward Health Care System. The $1.2 billion purchase places HCA among MPW's top-five tenants, representing about 5.0% of MPW's gross assets. The new 15-year lease includes five extension options and annual rent increases tied to CPI. The deal, expected to close in H1 2022, reinforces MPW's investment strategy and tenant relationships, having generated over $300 million in rent since 2017.
HCA Healthcare has announced a definitive agreement to acquire the operations of Steward Health Care's five hospitals in
HCA Healthcare (NYSE:HCA) announced that Sammie Mosier will become the senior vice president and chief nurse executive on December 1, 2021, succeeding Jane Englebright who is retiring after nearly 30 years. Mosier, with 25 years at HCA, intends to advance nursing practices among its 90,000 nurses. Englebright significantly contributed to clinical education and improved patient outcomes during her tenure. HCA operates 187 hospitals and about 2,000 ambulatory sites, aiming to enhance patient care and medical practices.
HCA Healthcare (NYSE: HCA) will present virtually at the Morgan Stanley 19th Annual Global Healthcare Conference on September 9, 2021, at 10:15 am EDT. A live audio webcast and presentation materials will be accessible on the company's Investor Relations website. Attendees are advised to check the conference schedule for potential changes. For inquiries, contact Mark Kimbrough at 615-344-2688 or Harlow Sumerford at 615-344-1851.
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