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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.
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HCA Healthcare (NYSE: HCA) announced the retirement of Bruce Moore, president of service line and operations integration, effective year-end after a 40-year career with the company. Moore's leadership contributed to significant growth, including a behavioral health services platform, 70 rehab facilities, and the acquisition of the Sarah Cannon Research Institute. A search for his successor is in progress. CEO Sam Hazen praised Moore's commitment and impact on the company. HCA operates 182 hospitals and around 2,300 ambulatory sites in the U.S. and the UK.
VitalConnect, a leader in wearable biosensor technology, announced a strategic investment from HCA Healthcare to accelerate its cardiac monitoring business. This funding will enhance the company's efforts in Remote Patient Monitoring for conditions such as heart failure, COPD, and sepsis. The investment aims to support ongoing growth and technology advancements in patient monitoring, which has seen significant adoption by healthcare providers.
HCA Healthcare (NYSE: HCA) will present at the 2022 Wells Fargo Leveraged Finance Conference on September 8, 2022, at 10:00 am CDT. The event will take place at the Gaylord Opryland Resort Hotel in Nashville, TN. Investors can access the live audio webcast and presentation materials via the HCA Healthcare Investor Relations website. Please note that the schedule may change, and updates will be provided on the company’s website.
HCA Healthcare (NYSE:HCA) has donated $250,000 to the American Red Cross Disaster Responder Program, marking its fourth annual contribution. This funding supports immediate disaster response, recovery efforts, and preparedness for future emergencies. HCA has invested approximately $5 million in disaster relief over six years. Through its Enterprise Emergency Operations Center, HCA coordinates crisis responses, including aid during Hurricane Ida and Kentucky tornadoes. CEO Sam Hazen emphasized the importance of supporting communities impacted by disasters. The Red Cross responds to over 60,000 disasters yearly, and HCA's partnership enhances its operational effectiveness.
HCA Healthcare (NYSE: HCA) has announced a $600,000 grant to Volunteers of America (VOA) to enhance the mental wellbeing of first responders through the VOA|ReST 4 First Responders program. This initiative aims to support frontline caregivers, particularly in areas served by HCA like Denver and Dallas-Fort Worth. With a focus on resilience and moral distress, the program will use peer support for first responders. Additionally, HCA’s Healthier Tomorrow Fund, totaling $80 million, will help expand mental health resources for communities nationwide.
HCA Healthcare (NYSE: HCA) will present at the Morgan Stanley 20th Annual Global Healthcare Conference on September 13, 2022, at 8:35 am EDT. The event will take place at the Sheraton New York in
HCA Healthcare (NYSE: HCA) announces the retirement of Chuck Hall, National Group president, effective year-end, following nearly 36 years with the company. Hall has been pivotal in expanding graduate medical education and enhancing patient navigation programs, solidifying HCA as a leading provider of trauma and burn services in the U.S. Under his leadership, HCA has invested about $10 billion in Florida's healthcare infrastructure, establishing HCA Florida Healthcare as the state's largest system. A search for Hall's successor is currently underway.
HCA Healthcare (NYSE: HCA) has announced a collaboration with Johnson & Johnson to tackle critical healthcare challenges. Key initiatives include a program for early-stage lung cancer detection in the Black community, integrating nursing resources to support nurses, and joint research on cardiovascular health. HCA utilizes data from over 35 million annual patient encounters for care improvement. This partnership aims to enhance health equity, patient outcomes, and nursing support, reflecting HCA's commitment to advancing healthcare quality.
HCA Healthcare reported its second quarter financial results for 2022, with revenues of $14.820 billion, up from $14.435 billion in 2021. Net income was $1.155 billion, or $3.90 per diluted share, down from $1.450 billion, or $4.36 per diluted share in 2021. Adjusted EBITDA fell to $3.042 billion from $3.219 billion a year earlier. Same facility admissions dipped 1.2%, although emergency room visits rose by 7.3%. The company announced a quarterly cash dividend of $0.56 per share, payable on September 30, 2022.