HCA Healthcare Inc

Latest HCA Healthcare Inc News and Updates

  • uploads///WFC
    Materials

    Must-know: Why did Omega Advisors exit its Wells Fargo position?

    Omega Advisors Inc. is a New York–based investment advisory firm founded in 1991 by Leon G. Cooperman. Omega sold a 1.05% position in Wells Fargo.

    By Samantha Nielson
  • uploads///Junk Bond Yields in  and
    Company & Industry Overviews

    Clear Channel International: The Only Junk Bond Issuer in the Week Ending December 11

    An indirect and wholly owned subsidiary of Clear Channel Outdoor Holdings, Clear Channel International issued $225 million in dollar-denominated junk bonds.

    By Lynn Noah
  • uploads///Graph
    Macroeconomic Analysis

    Assessing the economy’s impact on national healthcare spending

    National healthcare spending is a major driver of the hospital industry. National spending on hospital care is expected to amount to $973 million.

    By Margaret Patrick
  • uploads///Graph
    Earnings Report

    Universal Health Services’ Behavioral Health Business in 3Q15

    Universal Health Services (UHS) is expected to benefit from its leading market position in the behavioral health business in 3Q15.

    By Margaret Patrick
  • uploads///BlackRock
    Company & Industry Overviews

    BlackRock Shares Its Views on Fixed-Income Strategy for 2016

    BlackRock is not upbeat about fixed income in 2016. It’s more optimistic about stocks than it is about bonds, specifically European and Japanese equities.

    By David Ashworth
  • uploads///part
    Company & Industry Overviews

    Danaher Corporation’s Excess Returns Fail to Impress

    Earlier in this series, we looked at Danaher’s return on invested capital on a standalone basis. However, we were only looking at half the story.

    By Shannon Black
  • uploads///US Leveraged Loans Flows
    Company & Industry Overviews

    Leveraged Loan Funds Witness Back-to-Back Inflows

    According to data from Lipper, leveraged loan funds saw an inflow for the second consecutive week. The quantum of inflows came in at $176 million last week.

    By Lynn Noah
  • uploads///Graph
    Miscellaneous

    Which Hospital Stocks Are Expected to Benefit Most?

    Trumpcare’s failure is considered to be a boon by hospital companies treating a significant portion of Medicaid members.

    By Margaret Patrick
  • uploads///DVA
    Fund Managers

    DaVita HealthCare Partners is New Stake in Lone Pine’s Portfolio

    DaVita posted 4Q14 net earnings of $208 million, or $0.96 per share, compared with $212.3 million, or $0.99 per share, last year.

    By Samantha Nielson
  • uploads///Graph
    Macroeconomic Analysis

    What do falling oil prices mean for the hospital industry?

    Economic conditions like falling oil prices affect the healthcare industry with a lag. This makes the hospital industry a good investment option.

    By Margaret Patrick
  • uploads///US Leveraged Loans Flows
    Company & Industry Overviews

    Did Leveraged Loan Funds Break a 32-Week Streak of Outflows?

    Leveraged loan funds saw inflows in the week ending March 9 after 32 consecutive weeks of outflows. However, the amount of inflows was small at $55.0 million last week.

    By Lynn Noah
  • uploads///salary
    Earnings Report

    What Is the Reason for LifePoint’s High Salary and Wage Expenses?

    During 4Q15, salaries and benefits for LifePoint Health (LPNT) amounted to $652.7 million, up 6.6% in comparison with the same quarter of the previous year.

    By Jillian Dabney
  • uploads///Graph
    Macroeconomic Analysis

    Must-read: Is the US hospital industry truly non-cyclical?

    The hospital sector is widely considered a non-cyclical or defensive industry, meaning demand for hospital services doesn’t change with the economic cycle.

    By Margaret Patrick
  • uploads///Graph
    Earnings Report

    Universal Health Services’ Net Profit Margin Expected to Rise

    Wall Street analysts expect that Universal Health Services (UHS) will report higher net profit margins in 3Q15 compared to margins in 3Q14.

    By Margaret Patrick
  • uploads///HY issuance
    Healthcare

    Why is the high yield bond market seeing so much fresh supply?

    Strong weeks of issuance signify an overall bullish market. High yield issuance for last week was at its strongest so far in 2014.

    By Sandra Nathanson
  • uploads///US High Yield Bond Market Issuance
    Company & Industry Overviews

    Why Did High-Yield Bond Issuers Avoid the Primary Market?

    High-yield bond issuance fell to zero last week due to two main reasons. Junk bond issuers stayed away from the primary market due to fears of default risk.

    By Lynn Noah
  • uploads///Graph
    Company & Industry Overviews

    How Does UHS’s Valuation Compare to Other Hospital Companies?

    On February 26, 2016, Universal Health Services (UHS) was trading at a forward PE (price-to-earnings) multiple of about 13.8x.

    By Margaret Patrick
  • uploads///Graph
    Earnings Report

    Exploring payer mix trends at HCA Holdings

    In terms of payer mix, the percentage of HCA Holdings revenues contributed by Medicare rose from 28.0% in 3Q13 to 30.3% in 3Q14.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Analysts Expect UHS’s 2016 Net Profit Margins to Rise Marginally

    Wall Street analysts have projected that Universal Health Services’ net profit margin will increase marginally from 7.5% in 2015 to 7.6% in 2016.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    What the Advisory Board’s Health Business Expects from Technology Sales

    In 1Q17, the Advisory Board earned a major part of its healthcare business revenues from consultancy services, but it expects to see higher demand for health tech.

    By Margaret Patrick
  • uploads///RLGY
    Materials

    Why did Omega Advisors buy a share in Realogy Holdings?

    Omega Advisors Inc. is a New York–based investment advisory firm founded in 1991 by Leon G. Cooperman. Omega bought a 1.04% position in real estate brokerage operator Realogy Holdings Corp. in 3Q 2013.

    By Samantha Nielson
  • uploads///Graph
    Earnings Report

    What Are Analysts’ Recommendations for HCA Holdings?

    HCA Holdings released its 4Q15 and fiscal 2015 earnings results on January 28, 2016. In Bloomberg’s survey, 68.0% of the analysts rated HCA Holdings a “buy.”

    By Margaret Patrick
  • uploads///Graph
    Macroeconomic Analysis

    The health insurance marketplace affects the hospital industry

    These exchanges—also called “health insurance marketplaces”—sell federally regulated, subsidized health insurance to individuals and small businesses.

    By Margaret Patrick
  • Healthcare

    Who pays hospital bills? Analyzing hospitals’ payer mix

    Government programs Government programs like Medicare and Medicaid, combined with other health insurance plans such as the Children’s Health Insurance Program (or CHIP), Department of Defense, and Department of Veterans Affairs programs, comprise about 51% of the total payments for hospital care. There are also other third-party payers, like worksite healthcare, the Indian Health Service, […]

    By Margaret Patrick
  • Healthcare

    Overview: Assessing hospital companies’ capital expenditures

    Capital projects in the hospital sector include purchasing new facilities, purchasing medical equipment, renovating and replacing existing hospitals, and investing in information systems infrastructure.

    By Margaret Patrick
  • Healthcare

    Why location and services affect hospitals’ competition and margins

    During the 1990s, the hospital industry underwent about 900 consolidation deals. These led to the formation of local markets, with limited hospital systems dominating cities like Boston, Pittsburgh, and Philadelphia.

    By Margaret Patrick
  • Healthcare

    Understanding hospitals’ size, technology, and operating expenses

    In the capital-intensive hospital industry, economies of scale offer a competitive advantage by spreading out the high fixed costs, providing for higher margins.

    By Margaret Patrick
  • Healthcare

    Why healthcare investors should consider teaching hospitals

    An overview of teaching hospitals can help you predict future trends in hospital industry workforce management and, finally, the companies’ overall expenses.

    By Margaret Patrick
  • Financials

    Must-know: Why invest your money in fixed income ETFs?

    Fixed income as an asset class encompasses a variety of securities, including bills, notes, and bonds, syndicated loans, and structured products.

    By Mike Sonnenberg
  • Financials

    Why are investors less and less attracted to bonds?

    As improved economic conditions result in increased interest rates, bonds as an asset class lose their attraction. (Improved economic conditions simply mean the country as a whole is better off.)

    By Mike Sonnenberg
  • Financials

    Why high yield fund flows stayed positive 6 weeks in a row

    High yield bond flows last week posted the straight sixth week of positive inflows, though the pace was lower than the previous week.

    By Sandra Nathanson
  • uploads///LL funds Flow
    Financials

    Why the demand in the high yield bond market rebounded last week

    The high yield bond funds flow turned positive last week after a relatively small outflow the previous week, which broke the line of seven straight weeks of inflows.

    By Sandra Nathanson
  • Healthcare

    Understanding hospitals’ bad debt expenses and profitability

    According to the American Hospital Association (the AHA), uncompensated care costs in 2013 amounted to about $49 billion. Bad debt expenses closely relate to unemployment levels and the total number of uninsured people.

    By Margaret Patrick
  • uploads///hospital _
    Company & Industry Overviews

    What Analysts Are Recommending for These Three Hospital Stocks

    After a relatively lackluster performance in 2017, the three major for-profit hospital stocks in the US have seen a rapid rise in 2018.

    By Margaret Patrick
  • uploads///Part
    Healthcare

    How Ramsay Health Care Became a Cost Leader

    Ramsay Health Care is a market leader in private healthcare in Australia, treating almost 3 million patients each year.

    By VanEck
  • uploads///Graph
    Miscellaneous

    Hospital Industry Reacts to the Failed Healthcare Bill

    On March 24, 2017, House Speaker Paul Ryan pulled back the American Health Care Act, also known as “Trumpcare,” before votes were cast.

    By Margaret Patrick
  • uploads///obamacare
    Macroeconomic Analysis

    How Could Trump’s Presidency Affect Hospitals and Insurance?

    The effects of repealing Obamacare Donald Trump is definitely not in favor of the Affordable Care Act, known as Obamacare. As he wants to repeal the act completely and replace it with another policy, the hospital sector fell on November 9, the day after the election. Trump believes that providing healthcare facilities to illegal immigrants costs […]

    By Jillian Dabney
  • Company & Industry Overviews

    What’s Hampered UNCGX in 2016?

    The consumer discretionary sector has been the primary drag on the UNCGX in YTD 2016.

    By David Ashworth
  • uploads///Portfolio Breakdown of the IVINX
    Consumer

    What’s the Sector Composition of the Ivy Global Growth Fund?

    The Ivy Global Growth Fund is not like most funds in this review because of its inclination towards US stocks.

    By David Ashworth
  • uploads///US Leveraged Loans Flows
    Company & Industry Overviews

    Leveraged Loan Funds Had Small Inflows Last Week

    In the week ended August 3, 2016, leveraged loan funds saw inflows worth $60.4 million. In the previous week, leveraged loan funds had outflows of $15 million.

    By Lynn Noah
  • uploads///US Leveraged Loan Market Volumes
    Company & Industry Overviews

    Why Leveraged Loans Issuance Skyrocketed Last Week

    According to S&P Capital IQ/LCD, US leveraged loans saw an allocation of $18.4 billion worth of dollar-denominated senior loans in the week ended August 5, 2016.

    By Lynn Noah
  • uploads///Portfolio Breakdown of the IVINX
    Fund Managers

    The Ivy Global Growth Fund’s Portfolio Moves in YTD 2016

    The Ivy Global Growth Fund (IVINX) is not like most funds in this review. This is due to its inclination toward US stocks.

    By David Ashworth
  • uploads///IVINXs Top Ten Invested Geographies
    Fund Managers

    What Is the Ivy Global Growth Fund’s Strategy?

    The Ivy Global Growth Fund – Class A (IVINX) was incepted in April 1986 and has an expense ratio of 1.5%.

    By David Ashworth
  • uploads///Graph
    Company & Industry Overviews

    Could Growth in Acute Care Revenues Pressurize UHS’s Valuations?

    Universal Health Services’ acute care revenues rose by 10.9%, from approximately $4.2 billion in 2014 to $4.6 billion, in 2015.

    By Margaret Patrick
  • uploads///Part  Graph
    Company & Industry Overviews

    DaVita’s Stock Reacts to the Merger with The Everett Clinic

    DaVita HealthCare Partners (DVA) was one of the biggest winners for the week ending March 4 with a return of 6.1%.

    By Peter Neil
  • uploads///Graph
    Company & Industry Overviews

    Changes in Behavioral Health Business May Boost UHS’s Valuations

    Universal Health Services’ behavioral health revenues rose by 9.7%, from $4 billion in 2014 to $4.4 billion in 2015.

    By Margaret Patrick
  • uploads///admissions consolidated
    Earnings Report

    How Has LifePoint Performed on a Same-Facility Basis?

    Same-facility admissions for LifePoint (LPNT) fell by 4.2% to 55,000 during 4Q15. During 4Q15, its equivalent admissions fell by 1.1% to 146,000.

    By Jillian Dabney
  • uploads///admissions consolidated
    Earnings Report

    What Key Factors Drive Revenue for LifePoint?

    What drives LifePoint’s revenue? Major revenue drivers for LifePoint Health (LPNT) include: Equivalent admissions Medicare case mix index Average length of stay Inpatient and outpatient surgeries Emergency room visits Outpatient factor To learn more about the company’s organic growth strategy, please refer to Organic growth strategy at LifePoint Hospitals. Admissions on a consolidated basis LifePoint’s consolidated […]

    By Jillian Dabney
  • uploads///Graph
    Earnings Report

    HCA Holdings’s Strong Capital Expenditure Strategy for 2016

    In 2015, HCA Holdings deployed ~$2.4 billion in capital expenditure. It planned to increase capital spending to $2.7 billion in 2016.

    By Margaret Patrick
  • uploads///Graph
    Earnings Report

    HCA Holdings’s Operating Expense Ratio Fell in 4Q15

    In 4Q15, HCA Holdings spent about $8.1 billion on salaries, supplies, and other operating expenses combined—an increase of 5.3% from $7.7 billion spent in 4Q14.

    By Margaret Patrick
  • uploads///Estimated Flows for High Yield Bond Funds
    Macroeconomic Analysis

    High-Yield Bond Fund Flows in 2015: Not a Pretty Picture

    High-yield bond funds have become out of favor with investors. Recently, the ICI released weekly data on estimated fund flows for high-yield bonds funds.

    By David Ashworth
  • uploads///Grah
    Earnings Report

    Universal Health Services Explores Growth Opportunities in 3Q15

    In 3Q15, Universal Health Services was actively involved in exploring growth opportunities, both in its acute care as well as behavioral health business.

    By Margaret Patrick
  • uploads///Graph
    Earnings Report

    Rise in Revenues Is Expected for Universal Health Services

    According to Wall Street, Universal Health Services’ 3Q15 revenues are estimated to be about $2.2 billion—growth of about 9.5% on a YoY basis.

    By Margaret Patrick
  • uploads///High Yield Bond Yields and Spreads
    Company & Industry Overviews

    Widening High-Yield Bond Spreads: Opportunity or Threat?

    Investors should note that high-yield bonds are risky securities to begin with. The add-on risk of widening spreads may not suit all types of investors.

    By David Ashworth
  • uploads///Graph
    Earnings Report

    Universal Health Services’ Behavioral Health Segment Is Strong

    Universal Health Services’ behavioral health segment registered 14% growth in total revenue—from $946 million in 1Q14 to $1,076.3 million in 1Q15.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    LifePoint Hospitals: An ambitious acquisition strategy

    LifePoint Hospitals’ ambitious acquisition strategy is to buy hospitals in states that are adopting or are thought to be adopting Medicaid expansion.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Organic growth strategy at LifePoint Hospitals

    LifePoint Hospitals (LPNT) has adopted a four-pronged organic growth strategy to boost its revenues, a key element of which is physician recruitment.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    LifePoint Hospitals’ geographic strategy

    LifePoint Hospitals’ geographic strategy is to provide medical and surgical services in mainly non-urban markets.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Hedge funds among top owners of LifePoint Hospitals

    The major hedge funds project that the Affordable Care Act will benefit LifePoint Hospitals and increase the company’s revenues.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    An overview of LifePoint Hospitals

    With 67 hospitals, acquisitions continue to strengthen its position in rural markets, especially where LifePoint Hospitals is the sole healthcare provider.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Universal Health Services is expanding into the UK market

    Universal Health Services entered the UK market by acquiring Cygnet Healthcare, a leading behavioral health provider, in an all-cash deal of $335.0 million.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    A closer look at Universal Health Services’ acquisition activity

    Since 2011, the healthcare industry has seen a surge in mergers and acquisitions (M&A) activity, especially in the outpatient medical market.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Universal Health Services’ payer mix differs from other companies’

    Universal Health Services (UHS) has displayed a trend in payer mix from 2011 to 2013 that differs from other companies in the healthcare industry (XLV).

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Assessing Universal Health Services’ revenue mix and admissions

    Same-facility inpatient admissions and equivalent admissions in the behavioral health services segment increased by 3.2% and 3.5% from 2012 to 2013.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Exploring Universal Health Services’ revenue streams

    Universal Health Services’ (UHS) net revenues increased by 4.6% from $6.96 billion in 2012 to $7.28 billion in 2013.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Exploring Universal Health Services’ major markets

    Universal Health Services (UHS) earns more than 50% of its total revenues from the Texas, Nevada, Florida, California, and District of Columbia markets.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Unraveling the history of Universal Health Services

    Universal Health Services (UHS) has consistently provided good returns. Its performance surpassed that of the Health Care Select Sector SPDR ETF (XLV).

    By Margaret Patrick
  • uploads///Graph
    Macroeconomic Analysis

    How will the Cadillac tax affect the hospital industry?

    The implementation of this tax, called the Cadillac tax, will take effect beginning 2018. Post-2018, the threshold will be indexed to general inflation

    By Margaret Patrick
  • uploads///Graph
    Earnings Report

    HCA Holdings outpatient services see revenue growth

    HCA Holdings earned 38% of its total revenue from outpatient services in 3Q14. The company also announced the acquisition of CareNow.

    By Margaret Patrick
  • uploads///Graph
    Macroeconomic Analysis

    Why Medicaid expansion leads to better hospital performance

    According to the ACA, Medicaid expansion programs involve states changing the eligibility limits of Medicaid coverage to include population up to 138% of the federal poverty line.

    By Margaret Patrick
  • uploads///Graph
    Macroeconomic Analysis

    Analyzing the important current trends in hospital admissions

    Hospital admissions are classified in two categories, inpatient admissions and outpatient admissions. Patients who are admitted overnight are inpatients.

    By Margaret Patrick
  • uploads///Graph
    Macroeconomic Analysis

    Why changes in interest rates affect the hospital industry

    Economic changes in interest rates affect hospital companies, depending on the company’s cost-structure and expansion strategies.

    By Margaret Patrick
  • uploads///Graph
    Macroeconomic Analysis

    Gauging inflation’s effects on the hospital industry

    Inflation closely relates to the performance of the healthcare industry (XLV), as it affects the rates that hospitals charge and the costs of medical care.

    By Margaret Patrick
  • uploads///Graph
    Macroeconomic Analysis

    Why the unemployment rate affects hospital performance

    The healthcare industry, represented by the Healthcare Select Sector SPDR, is affected by the unemployment rate. Income affects people’s health choices.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Exploring HCA’s debt numbers

    Despite having negative equity, HCA Holdings is backed by strong operational performance and debt-to-EBITDA figures, which are among the lowest in the industry.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    HCA’s physician recruitment and labor management

    HCA Holdings uses advanced staffing solutions such as creating a centralized float pool of nurses instead of directly hiring nurses for different facilities.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    HCA’s information technology initiatives

    HITECH specifies certain criteria that must be satisfied to qualify as a “meaningful use” of electronic health record technology.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Standalone urgent care strategies

    HCA Holdings is capturing market share in the $15 billion urgent care clinic market field by focusing on acquiring or opening standalone urgent care clinics.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Exploring HCA Holdings’ operating expenses

    With solutions such as flexible staffing and optimal group purchasing provided by Parallon, HCA Holdings has better operating margins as compared to its peers.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    HCA’s diversification strategy

    HCA Holdings’ diversified suite of services enables it to retain patients at their facilities, which bolsters revenues per patient.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    Exploring HCA’s ownership structure

    Passive investments account for more than 56% of HCA Holdings’ total ownership structure.

    By Margaret Patrick
  • uploads///Graph
    Company & Industry Overviews

    An overview of HCA Holdings

    HCA Holdings went private in 1988 through a leveraged buyout, but it again became a public company in 1992.

    By Margaret Patrick
  • Earnings Report

    Community Health Systems: Market share growth strategies

    The company acquires hospitals to create regional networks, especially in states where more of the population is uninsured. By positioning itself to be the network provider in under-penetrated markets, the company can earn higher revenues.

    By Margaret Patrick
  • Earnings Report

    The benefits of Community Health Systems’ acquisition strategy

    Community Health Systems acquires two to four hospitals each year as a part of its growth strategy. Reducing duplicate functions at the corporate level reduces overhead salary costs.

    By Margaret Patrick
  • Company & Industry Overviews

    Managed care and 3rd parties dominate for-profit hospital payer mix

    Sources of revenue For-profit hospitals like HCA Holdings (HCA), Tenet Healthcare (THC), Universal Health Services (UHS), and Community Health Systems (CYH) receive payments from federal Medicare, state Medicaid, or similar programs, managed care, third-party payers, and directly from patients. You can reduce your dependence on payment variations from different payers by investing in the Healthcare Select Sector […]

    By Margaret Patrick
  • Company & Industry Overviews

    Healthcare reform’s impact on Community Health Systems

    The Patient Protection and Affordable Care Act (or ACA) and Health Care and Education Affordability Reconciliation Act are together called “Reform Legislation.”

    By Margaret Patrick
  • uploads///HY Issuance
    Healthcare

    An update for high yield bondholders: Why the market fell last week

    The high yield bond market activity declined dramatically last week with issuance reaching $5.8 billion.

    By Sandra Nathanson
  • Healthcare

    Fixed income ETFs: Long or short duration and quality versus yield

    This article considers the difference between high credit quality and low credit quality, as well as mid-duration versus long-duration fixed income ETFs.

    By Marc Wiersum, MBA
  • Healthcare

    Check your fixed income ETF duration before it’s too late

    This series takes a quick look at past and present economic growth data, government spending, interest rates, and inflation, and considers the outlook for ETF-focused fixed income investors.

    By Marc Wiersum, MBA
  • Healthcare

    Knowing high yield bond ETFs and leveraged loan ETFs

    Let’s see how high yield bond ETFs and leveraged loan ETFs compare in the current rising interest rate environment.

    By Surbhi Jain
  • uploads///HCA
    Materials

    Why did Omega Advisors start a position in HCA Holdings?

    Omega Advisors Inc. is a New York–based investment advisory firm founded in 1991 by Leon G. Cooperman. Omega acquired a 1.24% position in HCA Holdings in 3Q 2013.

    By Samantha Nielson
  • © Copyright 2022 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.