HCA Healthcare, Inc. - HCA STOCK NEWS

HCA Healthcare reported strong first-quarter results for 2021, with revenues of $13.977 billion, up from $12.861 billion a year earlier. Net income soared to $1.423 billion or $4.14 per diluted share, compared to $581 million or $1.69 per diluted share in 2020. Adjusted EBITDA increased to $3.052 billion. Despite these gains, same facility admissions fell 4.2%, and emergency room visits dropped 18.4%. The company declared a quarterly dividend of $0.48 per share and revised its 2021 guidance to revenues between $54.0 and $55.5 billion.

HCA Healthcare, Inc. (NYSE: HCA) has scheduled its 1Q Earnings Release Call for April 22, 2021, starting at 9:00 AM Central Time. The call will be available live via audio over the internet, with access provided through their investor relations webpage. For those unable to attend, an archived version of the call will also be available on the same site. This webcast is crucial for investors to gauge the company's financial performance and future outlook.

HCA Healthcare (NYSE:HCA) announced its largest incoming class for July 2021 graduate medical education programs, offering 1,982 positions. This makes HCA the largest sponsor of such programs in the U.S., with 304 accredited programs and over 5,100 residents and fellows. CEO Sam Hazen emphasized HCA's commitment to addressing critical nursing and physician shortages. The company has added over 3,500 new residency positions since 2014, including 500 this year. HCA also announced a collaboration with Belmont University to establish a new College of Medicine in Nashville.

HCA Healthcare (NYSE:HCA) has announced a total of $250,000 in contributions to support relief efforts for communities in Texas impacted by recent winter storms. The funds will aid organizations like the American Red Cross and local food banks. HCA's emergency operations center activated to assist Texas hospitals during the crisis, ensuring access to essential resources. This initiative is part of HCA's ongoing commitment; over the last five years, they have provided $4.5 million to the Red Cross for disaster relief, showcasing their dedication to both community care and recovery.

HCA Healthcare (NYSE:HCA) has been recognized as one of the 2021 World’s Most Ethical Companies for the 11th time by Ethisphere. This accolade highlights HCA's commitment to ethical practices, especially during the pandemic, where it did not lay off any employees and continued to pay over 127,000 staff despite reduced patient numbers. Additionally, HCA Healthcare provided over $45 million in community donations and invested in diversity initiatives. The company analyzes data from 35 million patient encounters annually to enhance healthcare practices.

HCA Healthcare (NYSE: HCA) will participate in virtual healthcare conferences on February 24, 2021, at 10:40 am EST (Citi Healthcare Services) and March 16, 2021, at 10:40 am EST (Oppenheimer 31st Annual Healthcare Conference). Live audio webcasts and presentation materials will be available on the Company's website.

Check the website for any schedule changes.

HCA Healthcare, Inc. reported robust financial results for Q4 2020, with revenues of $14.293 billion, a rise from $13.523 billion in Q4 2019. Net income surged to $1.426 billion, or $4.13 per diluted share, up from $1.071 billion or $3.09 per share a year prior. Adjusted EBITDA reached $3.118 billion. However, same facility admissions and emergency room visits declined 3.4% and 21% respectively. The company announced the resumption of its share repurchase program and declared a quarterly dividend of $0.48 per share, payable on March 31, 2021, while providing 2021 revenue guidance of $53.5 to $55.5 billion.

HCA Healthcare (NYSE:HCA) has formed a consortium, including several prestigious research institutions, to utilize its extensive data on COVID-19 hospital care aimed at enhancing patient outcomes. The consortium, named COVID-19 CHARGE, will enable members to conduct studies on treatment efficacy and safety, leveraging HCA's repository of over 110,000 COVID-19 inpatient admissions from 2020. This partnership is expected to contribute valuable insights into COVID-19 care, potentially leading to new clinical trials that could save lives.

HCA Healthcare has formed a joint venture with A Plus International Inc. to produce surgical masks domestically, addressing the rising demand for PPE. The manufacturing facility in Asheville, North Carolina, will begin production in early 2021, funded equally by both companies. HCA's investment stems from its Mission Fund, created to support healthcare businesses in Western North Carolina. This initiative aims to enhance the supply chain for healthcare providers and create skilled jobs in the area.