By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    headphones can create health problems
    The Harmful Health Effects of Using Headphones
    September 24, 2021
    Headache causes
    4 Causes Of Headache You Probably Didn’t Know About
    December 28, 2021
    follow these steps to recover from your injury
    What Steps Should You Take to Recover More Quickly from an Injury?
    April 12, 2022
    Latest News
    Beyond Nutrition: Everyday Foods That Support Whole-Body Health
    June 15, 2025
    The Wide-Ranging Benefits of Magnesium Supplements
    June 11, 2025
    The Best Home Remedies for Migraines
    June 5, 2025
    The Hidden Impact Of Stress On Your Body’s Alignment And Balance
    May 22, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Cash Transfers: Good for HIV/AIDS Too
    August 9, 2012
    unnecessary medical tests
    Eagerly Awaiting the Death of Defensive Medicine
    September 5, 2013
    Image
    Mobile Health Around the Globe – mHealth Fighting Malnutrition in India
    December 17, 2012
    Latest News
    Let Your Lawyer Handle the Work Before You Pay Medical Costs
    July 6, 2025
    Top HIPAA-Compliant Messaging Apps for Healthcare Teams
    June 25, 2025
    When Healthcare Ends, the Legal Process Begins: What Families Should Know About Probate and Medical Estates
    June 20, 2025
    Preventing Contamination In Healthcare Facilities Starts With Hygiene
    June 15, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: HCA IPO – $3.8 Billion!
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Hospital Administration > HCA IPO – $3.8 Billion!
BusinessHospital Administration

HCA IPO – $3.8 Billion!

BarbaraDuck
BarbaraDuck
Share
3 Min Read
SHARE

HCA operates 164 hospitals and 106 surgery centers in the United States and Britain. It was just last month that they announced their re-organization plans prior to the IPO. Late at the end of last year we had a nurses’ strike at one of their facilities in southern California, which seems to be growing these days and it’s not over money for most of them, it’s working conditions. Also what we all remember is Florida governor Scott being forced to resign as the CEO of Columbia/HCA, then the country’s largest hospital chain, while it was being investigated for massive Medicare and Medicaid fraud. The company ultimately pleaded guilty to 14 felonies and ended up paying $1.7 billion in fines and settlements. This is still not over as a couple doctors also filed another lawsuit at the end of last year. In the long term, I don’t know where all of this is going to go as there’s a lot of Health IT expense coming up and fast so there’s a lot of money to be invested with the health IT communication systems, medical records an so on. By comparison when you look at a closed system like Kaiser Permanente, they are organized and expand that way so they are growing from the roots up instead of having to put together big puzzles so every piece fits, which is kind of what’s going on here. they could pull it off but again patient care and health insurance reform will play a role. BD

(Reuters) – Shares of private equity-backed hospital operator HCA Holdings Inc (HCA.N) closed 3.4 percent higher on Thursday in a strong stock market debut, even as the broad market sank. The shares closed at $31.02 after rising as much as 5 percent to $31.50 earlier in the session — above the $30 pricing in an initial public offering on Wednesday. HCA’s IPO was the biggest private equity-backed offering ever in the United States and is likely to encourage a new round of exits this year. Private equity-backed IPOs so far this year have totaled $10.4 billion or 83 percent of the overall market, according to Thomson Reuters data. The top U.S. for-profit hospital operator overcame concerns about its high levels of debt and the possible downside from a new U.S. healthcare law, selling more shares than anticipated at the high end of the given price range.

HCA biggest-ever U.S. PE-backed IPO; shares gain 3 percent | Reuters

TAGGED:health care businesshospitals
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

9 Lifestyle Tweaks That Can Add Years to Your Life
9 Healthcare Lifestyle Tweaks That can Add Years to Your Life
lifestyle
July 11, 2025
car accident lawsuit
Let Your Lawyer Handle the Work Before You Pay Medical Costs
Policy & Law
July 6, 2025
women dental care
What Is a Smile Makeover and How Much Does It Cost?
Dental health
June 30, 2025
HIPAA-Compliant Messaging Apps
Top HIPAA-Compliant Messaging Apps for Healthcare Teams
Global Healthcare Policy & Law Technology
June 25, 2025

You Might also Like

healthcare marketing trends in 2017
BusinesseHealthWellness

10 Healthcare Marketing Trends to Watch in 2017

November 8, 2016
Bo
BusinessHealth ReformHospital AdministrationPolicy & LawPublic Health

Healthcare Is Part of Our Supply Chain: The Boeing Company

December 9, 2014
Health ReformHospital AdministrationMedical EthicsTechnology

Emergency On-Call Physician Policy – A Doctor Dissents

February 16, 2016

Why Health Care Costs Are So High. Docs Don’t Know What Things Cost

May 19, 2011
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?