Charity Care
In 2021, HCA Healthcare absorbed $3.3 billion in charity care and uncompensated care costs.
In 2021, HCA Healthcare absorbed $3.3 billion in charity care and uncompensated care costs.
Sarah Cannon, the Cancer Institute of HCA Healthcare, provides state-of-the-art cancer care close to home for hundreds of thousands of patients, a number unmatched by any single cancer center.
HCA Healthcare employs 283,000+ colleagues, 93,000 registered nurses, and 45,000 active physicians.
HCA Healthcare ranked 62nd on the Fortune 500 list in 2021 and has 27 consecutive years on the list.
Dr. Thomas Frist, Sr. and other physicians wanted to raise capital and procure the latest medical technology for Nashville’s Park View Hospital in the mid-1960s, but couldn’t find a group that would be the right fit. The answer: HCA Healthcare, founded in 1968.
HCA caters for almost half of all private patients in London. HCA’s London hospitals include The Wellington Hospital, just north of London’s West End, which is the UK’s largest private hospital, along with The Portland Hospital, which is the only acute hospital of its kind in London.
Dr. Thomas Frist, Sr. founded Park View Hospital in 1960 after was unable to admit his patients to the not-for-profit and church-affiliated hospitals that dominated Nashville in the 1950’s. He served as Park View’s CEO until 1968, when Park View became HCA’s first hospital.
HCA Healthcare became the largest, publicly owned, hospital management company in 1973, only four years after the company’s first IPO.
Jack Massey bought Kentucky Fried Chicken from its founder, Harland Sanders, four years before he co-founded HCA with Drs. Thomas Frist Sr. and Jr.
HCA’s first initial public offering (1969) sparked a year of growth that saw HCA Healthcare more than double the number of hospitals it managed, going from 11 to 26. To date, HCA has gone public on three separate occasions.