Hca Healthcare Inc Stock Price, News & Analysis

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 If you miss the live event, an archived version will be available on the same website.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 Utah. The deal aims to enhance HCA's healthcare network in the fast-growing Utah market, aligning with increasing healthcare demand. Following the acquisition, HCA will also lease the related real estate. This strategic move is expected to improve patient care options and services. The transaction awaits regulatory approvals; financial terms have not been disclosed.

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.

HCA Healthcare, a leading healthcare provider, has announced a total of $250,000 in donations to support relief efforts for communities affected by devastating floods in Middle Tennessee. The contributions, which include $100,000 to the American Red Cross, aim to assist those impacted by the disaster that occurred on August 22, 2021. The company's affiliate, TriStar Horizon Medical Center, is actively involved in recovery efforts, providing care to flood victims and coordinating support for local charities.

Galen College of Nursing has announced the opening of a new campus in Austin, Texas, marking its second expansion since joining HCA Healthcare in 2020. The 26,000-square-foot facility will enhance nursing education and aims to address the growing nursing workforce shortage. The campus features advanced patient simulation labs and offers three programs: 3-Year BSN, LVN, and LVN to ADN Bridge. Enrollment is currently underway, with classes starting September 30 and January 3. Galen aims to improve nursing care quality in the Austin area.

HCA Healthcare announced the appointment of Hugh F. Johnston as an independent director, effective September 1, 2021, increasing the board from 9 to 10 members. Johnston, who is currently the vice chairman and CFO of PepsiCo, brings over 30 years of leadership experience in finance and operations. He will serve on HCA's audit, compliance, finance, and investments committees. His expertise is expected to enhance HCA's focus on patient-centered care. Johnston holds a B.S. from Syracuse University and an M.B.A. from the University of Chicago.

HCA Healthcare reported strong second-quarter results for 2021, with revenues reaching $14.435 billion, up from $11.068 billion in 2020. Net income attributable to the company was $1.450 billion or $4.36 per diluted share, a significant increase from $1.079 billion or $3.16 per diluted share last year. Adjusted EBITDA rose to $3.219 billion, compared to $2.666 billion in 2020. Key performance metrics included a 17.5% increase in same facility admissions and a 40.5% rise in emergency room visits. HCA also declared a quarterly dividend of $0.48 per share.