HCA
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HCA Healthcare Can't Hide From Hurricanes With 45 Hospitals In Florida, So It Preps Like It's The Apocalypse
As Hurricane Dorian threatened the Florida coast, top officials at HCA spent Labor Day weekend wringing their hands, pulling all-nighters in a Nashville command center. It almost didn't matter where the storm hits; HCA Healthcare's hospitals were going to be affected. With dozens of hospitals on Florida's east and west coasts, the for-profit hospital chain is exposed every time a hurricane threatens the Sunshine State. Late last week, the nation's largest hospital company granted WPLN rare access to observe storm preparations as Dorian bore down on the Florida coast. The mood was serious. Chatter was limited. The only sound competing with speakers was the hum of fingers on laptops taking furious notes.
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Let's do the numbers
Julie Creswell and Reed Abelson offer a story in the New York Times about the HCA for-profit hospital system, noting "A giant hospital chain is blazing a profit trail." The HCA story and similar ones about other hospital chains financed by private equity force us to consider how a such firms can achieve a return on equity that satisfies investors. Read More »
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