HCA Holdings, Inc.

HCA Holdings, Inc. (HCA) is one of the largest private operators of hospitals and outpatient facilities in the United States. The company earns revenue from inpatient and outpatient care, surgeries, emergency services and ancillary diagnostics across a broad network of acute-care hospitals and ambulatory centres. Scale provides negotiating power with payors and some operational efficiencies, but the business is capital intensive and sensitive to labour costs, regulation and reimbursement changes from Medicare, Medicaid and private insurers. HCA’s performance also ties to volumes for elective procedures and broader economic conditions. Investors often watch occupancy trends, payer mix, margins and leverage when assessing prospects. With a market capitalisation around $101 billion, HCA combines steady demand driven by an ageing population with exposure to regulatory and cost pressures. This is general educational information, not advice; values can fall as well as rise and suitability depends on individual circumstances.