The Hospital Corporation of America and the Business of Improving Lives Through Healthcare

When HCA Holdings was founded in 1968, the Hospital Corporation of America was one of the first of its kind in the nation as a hospital company. Today, HCA is the leading provider for healthcare services in the country, made up of locally managed facilities including 115 freestanding surgery centers and 165 hospitals employing about 204,000 people. It is approximated that up to 5% of inpatient care provided in the country today is coursed through HCA facilities.

HCA is serious about providing care and improving human life so the company strives to deliver the highest quality in cost-effective healthcare within communities it serves. Guided by the principles provided by the company's mission and values, HCA puts customers—its dear patients—first and constantly works to improve what it can do for them by following measures that support caregivers and ensure patient safety, translating into the best level of care possible. The company understands how important it is to invest in products and services for the community so it sets aside around $1.5 billion annually in order to keep facilities up-to-date with the latest in modern technology and expand where possible to add services offered. Two of the HCA founders were physicians so this is why the company highly values the strong relationship it has with local doctors, providing them with a range of services and facilities to aid them in offering the best kind of care for the communities.

In recent years, Bain Capital and Kohlberg Kravis Roberts, together with the Frist family and Merrill Lynch, completed an acquisition worth $31.6 billion to become a privately held company again for nearly two decades. In 2010 though, the HCA went public again with a $4.6 billion IPO. The company also has facilities in London and these include the Lister Hospital, the Harley Street clinic, the Princess Grace Hospital, The Wellington Hospital, and the Princess Grace Hospital.