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MarketScreener Homepage  >  Equities  >  Nyse  >  HCA Healthcare, Inc.    HCA


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HCA Healthcare : and the HCA Healthcare : Foundation to Contribute up to $1 Million to Tennessee Tornado Relief Efforts

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03/09/2020 | 11:02am EDT

HCA Healthcare (NYSE: HCA), one of the nation’s leading healthcare providers, and the HCA Healthcare Foundation today announced they will donate up to $1 million to assist those affected by the devastating tornadoes in Middle Tennessee.

Headquartered in Nashville, HCA Healthcare has deep roots in Middle Tennessee, with more than 50 years of history providing lifesaving care to the community. The tornadoes, which touched down in the area early Tuesday, March 3 and stretched more than 50 miles, damaged approximately 2,000 homes and buildings in their tracks.

“We are seeing firsthand the destruction caused by the tornadoes in Middle Tennessee, a place HCA Healthcare and many of our colleagues call home,” said Sam Hazen, chief executive officer of HCA Healthcare. “Many of our friends and colleagues were impacted and many more are doing what they can to help their neighbors in need. We are honored to join with countless others in support of the relief efforts in our home state.”

Of the contribution, $500,000 is being donated to the following efforts:

  • $250,000 will be donated to the Red Cross Southern Tornadoes and Floods Relief fund for its important work opening and operating shelters, distributing food and relief supplies, and providing emotional support for survivors. HCA Healthcare is a member of the Red Cross Annual Disaster Giving Program and contributes an additional $500K annually to enable the Red Cross to prepare communities for disasters and respond wherever and whenever they occur and help families through the recovery process.
  • $150,000 will go towards meeting the immediate needs of HCA Healthcare’s nonprofit partners that were impacted by the storms.
  • $100,000 is being given to Hands on Nashville and the Community Resource Center, who are leading the response in the local community. Both organizations will receive $50,000.

“HCA Healthcare is a longtime friend and supporter of Hands On Nashville, and we’re grateful to them for helping us respond effectively to this and other disasters,” said Lori Shinton, Hands On Nashville president and chief executive officer. “Our partnership with HCA Healthcare has evolved and grown stronger over time thanks in large part to their enthusiasm for innovation, which is helping us expand the scope of what volunteers can do to help their communities. Their dedication to our work has never been more important than in this time of great need.”

HCA Healthcare plans to contribute an additional $500,000 to assist its community partners with long-term recovery efforts. This is expected to include initiatives for rebuilding and strengthening local communities as well as help with infrastructure needs throughout the region.

HCA Healthcare colleagues across the state are participating in the relief efforts by volunteering time and resources to help those affected. Additionally, the HCA Healthcare Hope Fund—an employee-run, employee-supported 501(c)(3) charity that provides financial aid and resources to employees after extended illness, injury, disaster or other special situations—is providing grants to HCA Healthcare colleagues impacted by the tornadoes.

For more information about The HCA Healthcare Hope Fund, visit https://www.hcahopefund.com/.

About HCA Healthcare

Nashville-based HCA Healthcare is one of the nation's leading providers of healthcare services, comprising 184 hospitals and approximately 2,000 sites of care, including surgery centers, freestanding ERs, urgent care centers, and physician clinics, in 21 states and the United Kingdom. With its founding in 1968, HCA Healthcare created a new model for hospital care in the United States, using combined resources to strengthen hospitals, deliver patient-focused care and improve the practice of medicine. HCA Healthcare has conducted a number of clinical studies, including one that demonstrated that full-term delivery is healthier than early elective delivery of babies and another that identified a clinical protocol that can reduce bloodstream infections in ICU patients by 44 percent. HCA Healthcare is a learning health system that uses its more than 35 million annual patient encounters to advance science, improve patient care and save lives. Please click here to connect with HCA Healthcare on social media.

All references to “Company,” “HCA” and “HCA Healthcare” as used throughout this document refer to HCA Healthcare, Inc. and its affiliates.

© Business Wire 2020
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Financials (USD)
Sales 2020 48 649 M - -
Net income 2020 1 965 M - -
Net Debt 2020 32 242 M - -
P/E ratio 2020 17,9x
Yield 2020 0,40%
Capitalization 36 112 M 36 112 M -
EV / Sales 2019
EV / Sales 2020 1,41x
Nbr of Employees 245 000
Free-Float 78,2%
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Average target price 135,91 $
Last Close Price 106,96 $
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Samuel N. Hazen President, CEO, Chief Operating Officer & Director
Thomas Fearn Frist Chairman
William B. Rutherford CFO, Chief Accounting Officer & Executive VP
Jonathan B. Perlin Chief Medical Officer & President-Clinical Service
P. Martin Paslick Chief Information Officer & Senior Vice President
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