Hca Healthcare Inc Stock Price, News & Analysis

HCA Healthcare announced a contribution of over $41 million to community organizations in 2021, supporting disaster relief, education, and essential needs. The HCA Healthcare Foundation launched the Healthier Tomorrow Fund, allocating $4.5 million to various organizations since May 2021. Additionally, a $10 million commitment over three years was made to support HBCUs and HSIs, promoting diversity in healthcare.

HCA Healthcare, Inc. (NYSE: HCA) announced its wholly owned subsidiary, HCA Inc., will offer senior secured notes, contingent on market conditions. The offering aims to raise funds for general corporate purposes, potentially including repaying borrowings under its revolving credit facility and redeeming $2.5 billion in senior secured notes due 2023. The notes will be privately placed to institutional buyers, adhering to Securities Act regulations.

HCA Healthcare (NYSE: HCA) will participate in several upcoming virtual healthcare conferences in 2022. The schedule includes:

• February 16 at 10:40 am EST - SVB Leerink 11th Annual Global Healthcare Conference
• March 9 at 11:10 am EST - Cowen 42nd Annual Health Care Conference
• March 15 at 10:00 am EDT - Oppenheimer 32nd Annual Healthcare Conference

Live webcasts and presentation materials will be available on the HCA Healthcare Investor Relations website.

HCA Healthcare reported strong fourth-quarter results for 2021 with revenues of $15.064 billion, up from $14.293 billion year-over-year. Net income rose to $1.814 billion or $5.75 per diluted share, boosted by $563 million in facility sales gains. Notably, adjusted EBITDA reached $3.149 billion, slightly higher than the previous year. The company announced a new $8 billion share repurchase program and a quarterly dividend of $0.56 per share. For 2022, HCA estimates revenues between $60.0-$62.0 billion and net income between $5.550-$5.835 billion.

HCA Healthcare (NYSE: HCA) plans to build five new full-service hospitals in Texas to address the growing healthcare demands of the state. The new locations include Dallas Fort-Worth, Houston, San Antonio, and two in Austin, with partnerships involving local healthcare foundations. HCA currently operates 45 hospitals and 632 affiliated care sites in Texas, having invested approximately $6.6 billion over the last five years to enhance its healthcare services. CEO Sam Hazen emphasized that this expansion will better serve the increasing population's healthcare needs.

HCA Healthcare (NYSE: HCA) has appointed Andrea B. Smith as an independent director, expanding its board from 10 to 11 members. Effective immediately, she will serve on the audit and compliance committee and the patient safety and quality of care committee. Smith's extensive experience includes over 30 years at Bank of America, where she was the chief administrative officer. The addition of her financial and operational expertise is expected to enhance HCA's commitment to improving patient care.

HCA Healthcare has announced a $1.35 million donation over three years to Educate Texas through its Healthier Tomorrow Fund. This initiative aims to enhance student access to healthcare career programs in Texas, particularly through the P-TECH model. This program allows students to earn a high school diploma along with a two-year degree or credentials in healthcare fields. HCA's Healthier Tomorrow Fund, with $80 million dedicated to community initiatives, has allocated $4.5 million to various organizations since 2021, highlighting the company's commitment to health equity and workforce development.

HCA Healthcare, Inc. (NYSE: HCA) has announced its 4Q Earnings Release Call scheduled for January 27, 2022, at 9:00 AM Central. The call will be accessible through a live audio webcast on the company's investor relations website. For those unable to attend live, an archived version will be available online post-event. This quarterly earning report is crucial as investors await insights into the company's financial performance during the last quarter.

Brentwood Associates has sold MD Now Urgent Care to HCA Healthcare. This transaction, completed in late 2021, marks a significant move for both companies. MD Now, Florida's largest urgent care provider, operates 59 clinics and treated over 900,000 patients in 2021. Following Brentwood's 2018 investment, MD Now expanded its clinic network despite the pandemic challenges. Both companies aim to enhance patient care in Florida. Financial details of the sale remain undisclosed.