Hca Healthcare Inc Stock Price, News & Analysis

HCA Healthcare (NYSE: HCA) announced plans to construct three new acute care hospitals in Florida to address rising healthcare demands. The facilities will be in Gainesville (90 beds), near The Villages (60 beds), and in Fort Myers (100 beds), with construction slated for next year. This expansion is part of HCA's ongoing investment of approximately $3 billion in Florida over the past three years, including a $360 million facility that recently opened. HCA currently operates 47 hospitals in the state, enhancing its extensive care network.

HCA Healthcare announced the success of its third annual 'Crush the Crisis' opioid take-back events on October 23, 2021, where they collected a record 15,566 pounds of unused medications, surpassing last year's 13,523 pounds. Held across 96 facilities in 17 states, the events disposed of approximately 10.7 million doses of medication, aiding in the fight against the opioid epidemic. The initiative aligns with DEA’s National Prescription Drug Take Back Day, which collectively gathered 744,082 pounds of medications nationally.

HCA Healthcare has partnered with March of Dimes to enhance maternal health outcomes by targeting postpartum education and reducing cesarean delivery rates among low-risk first-time mothers. This partnership comes in response to a troubling rise in pregnancy-related deaths in the U.S., which have more than doubled in the last 25 years. A commitment of $1.7 million will support initiatives aimed at improving awareness and care for postpartum complications, aiming to ensure better health for both mothers and babies.

HCA Florida Healthcare has launched the new HCA Florida Healthcare brand, uniting 11 of its more than 400 facilities across Florida. This rebranding includes four hospitals and six freestanding emergency rooms. A highlight is the opening of HCA Florida University Hospital in Davie, representing a $360 million investment. The hospital features 165 beds, expandable to 435, and is equipped with advanced technology. The network is committed to providing personalized care to over 6.4 million patients yearly, investing significantly in community healthcare.

HCA Healthcare (NYSE: HCA) will present virtually at the Wolfe Research Healthcare Conference on November 18, 2021, at 9:50 am EST. Interested parties can access the live audio webcast and related materials on the company's Investor Relations website. Please note that dates and times may change, so check for updates on the conference schedule or the Investor Relations section.

HCA Healthcare has donated $150,000 to veteran support organizations in honor of Avery King, a deceased employee and Air Force veteran. The funds will assist local groups including REBOOT Recovery, A Soldier’s Child, Operation Stand Down Tennessee, and the MTSU Charlie and Hazel Daniels Veterans and Military Family Center. HCA Healthcare has a track record of supporting veterans, having hired over 40,000 military personnel since 2012 and receiving numerous accolades for its military-friendly employment programs.

HCA Healthcare, a leading healthcare provider, announces the appointment of Michael Cuffe, MD, MBA, as executive vice president and chief clinical officer, effective January 1, 2022. Dr. Cuffe will oversee the company’s clinical agenda, including clinical quality and care transformation, while continuing to lead physician services. With a history at HCA since 2011, he has played a key role in expanding graduate medical education and enhancing physician support. His predecessor, Jonathan Perlin, is departing to lead The Joint Commission.

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.