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HCA Holdings, Inc. (HCA)

  • Fri, May 22, 11:14 AM
    • Major health insurers in some states are proposing rate increases of as much as 51% for plans sold under the federal health law, according to a WSJ analysis, setting the stage for an intense debate over the law’s impact.
    • All the insurers cite high medical costs incurred by people newly enrolled under the Affordable Care Act, saying their proposed rates reflect the revenue they need to pay claims now that they have had time to analyze their experience with the law’s requirement that they offer the same rates to everyone regardless of medical history.
    • Some insurers are trying to catch up with the impact of expensive drugs such as Sovaldi, foreseeing significant pent-up demand from the newly enrolled, says a fellow at the Society of Actuaries.
    • Relevant tickers: IHF, HNT, UNH, MOH, CNC, UAM, AET, CI, HUM, HCA, WCG, GTS, EMCI, MGLN
  • Tue, May 5, 10:56 AM
    • HCA Holdings (HCA -2.4%) Q1 results ($M): Revenues: 9,676 (+9.6%); Operating Expenses: 7,753 (+7.3%); Non-GAAP EBTIDA: 1,961 (+19.3%); Net Income: 591 (+70.3%); EPS: 1.36 (+78.9%); CF Ops: 586 (-31.1%).
    • Admissions: 470,900 (+5.8%); Equivalent Admissions: 769,400 (+7.9%); Revenue Per Equivalent Admission: 12,576 (+1.5%); Inpatients Surgery Cases: 130,100 (+3.0%); Outpatient Surgery Cases: 214,500 (+1.9%); ER Visits: 1,982,000 (+12.3%).
    • 2015 Guidance: Revenues: $39.0B - 40.0B from $38.5B - 39.5B; Non-GAAP EBITDA: $7.55B - 7.85B from $7.35B - 7.65B; Non-GAAP EPS: $4.90 - 5.30 from $4.55 - 4.95; CAPEX: ~$2.5B from ~$2.4B.
  • Tue, May 5, 8:32 AM
    • HCA Holdings (NYSE:HCA): Q1 EPS of $1.35 beats by $0.16.
    • Revenue of $9.68B (+9.6% Y/Y) beats by $120M.
    • Shares +1.52% PM.
    • Press Release
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  • Mon, May 4, 5:30 PM
  • Wed, Apr. 15, 11:34 AM
    • On a preliminary basis, HCA Holdings (HCA +2.5%) expects Q1 revenues of $9.675B (+9.5%), pre-tax income of $1.075B (+58.1%); adjusted EBITDA of $1.960B (+19.2%) and EPS of $1.35 (+77.6%).
    • Same facility admissions increased 5.1%, same facility equivalent admissions rose 6.8% and same facility emergency room visits rose 11.5%. Same facility revenue per equivalent admission is expected to increase 1.6%.
    • Updated 2015 Guidance: Revenues: $39.0B - 40.0B from $38.5B - 39.5B; Non-GAAP EBITDA: $7.55B - 7.85B from $7.35B - 7.65B; Non-GAAP EPS: $4.90 - 5.30 from $4.55 - 4.95; CAPEX: ~$2.4B (unch).
    • The company will report final Q1 results on or about May 5.
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  • Wed, Apr. 1, 3:30 PM
    • Actavis (ACT -1%) should outperform following its purchase of Allergan, and FDA action dates for eluxadoline and cariprazine could also be catalysts.
    • Though Occidental Petroleum is the team's top pick in energy, Anadarko (APC +1.1%) is the best short-term play on a recovery in oil prices.
    • Strong fundamentals and easy year-over-year comps make AvalonBay (AVB -0.9%) a pick in apartment rentals.
    • A favorable Supreme Court ruling in King vs. Burwell by the end of June provides plenty of upside possibility with little downside for HCA Holdings (HCA -0.8%).
    • Also on the buy list are Ingersoll-Rand (IR -1.5%), Nvidia (NVDA +0.2%), UTX (UTX -1.1%), and Disney (DIS +0.4%).
    • Making the underperform list is the Gap (GPS -2.2%) thanks to less room for cost cutting and a forecast for continued weakness in sales. Also a Q2 sell: Tesla (TSLA -1%) " lacks any real technological advantage over its competitors" says the team, seeing a significant Q1 loss, an increase in the already-high cash burn, and a questionable delivery outlook.
    • Source: Benzinga
  • Wed, Mar. 4, 7:21 PM
    • Shares of hospital operators and some managed care providers turned in strong gains today after the U.S. Supreme Court entertained arguments on a case that questioned whether Obamacare health insurance subsidies should be provided in the 34 states that have not set up their own exchanges (transcript).
    • The catalyst come from questions posed by Justice Kennedy - considered a swing vote on the issue - voicing concerns about potential constitutional consequences of a ruling that strikes down the availability of the subsidies.
    • Kennedy said throwing out subsidies would potentially unlawfully pressure states and cause an insurance "death spiral" because premiums would increase, but he also said he had an open mind over the challengers' interpretation of the law.
    • CYH +6.3%, THC +6.2%, HCA +5.8%, LPNT +3.6%, EVHC +3.6%, UHS +2.7%, TMH +2%.
  • Wed, Mar. 4, 12:11 PM
    • Hospitals rally on comments from Supreme Court Justice Anthony Kennedy, often a swing vote in important cases. He says there is a powerful point to the Obama administration's argument that the Affordable Care Act would fall apart if the subsidies were ruled invalid.
    • The Court is currently hearing arguments in the case King v. Burwell, which challenges federal subsidies in states that did not create their own health insurance exchanges. Its final decision will not be announced until June, though.
    • Hospitals and health insurers have the most at stake. They have benefited greatly since the law was signed in 2010. To date, 11.4M Americans have signed up for coverage in 2015, giving both groups more paying customers and potentially cutting the number of non-paying emergency room visits. If the subsidies were ruled invalid then many people would drop coverage due to the higher cost.
    • Related tickers: (HCA +6.2%)(THC +5.4%)(UHS +2.6%)(CYH +5.4%)(LPNT +3.3%)(SEM -0.9%)(SSY)(HUM +0.1%)(CI -0.4%)(CNC)(MOH +0.3%)(ANTM +0.5%)(UNH +0.3%)(MGLN +0.3%)(WCG +0.3%)
  • Mon, Feb. 23, 12:07 PM
    • Among the additions to the index (which fuels the IBLN ETF) are EMC, Google (GOOG, GOOGL), Goodyear (NASDAQ:GT), Mohawk Industries (NYSE:MHK), PVH, Time Warner (NYSE:TWX), and Yahoo (NASDAQ:YHOO). There are three health care additions as well: Allergan (NYSE:AGN), Amgen (NASDAQ:AMGN), and HCA. The lone energy name added is Consol Energy (NYSE:CNX).
    • Exiting the index are energy names Halliburton (NYSE:HAL) and National-Oilwell Varco (NYSE:NOV), along with healthcare companies AbbVie (NYSE:ABBV), Aetna (NYSE:AET), Humana (NYSE:HUM), and Tenet Healthcare (NYSE:THC). Citigroup (NYSE:C), CBS, Crown Castle (NYSE:CCI), and Michael Kors (NYSE:KORS) round out those subtracted.
    • IBLN tracks the highest-conviction S&P 500 picks by hot-handed billionaires who built their fortunes through hedge funds and investing. The list of billionaires tracked is updated each October, and the equity components are rebalanced each quarter after sifting through regulatory filings.
    • IBillionaire Index Rebalance
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  • Thu, Feb. 5, 9:04 AM
    • Fourteen of 23 prominent hospitals contacted by Reuters have rolled out pilot programs of Apple's HealthKit service, which enables the remote monitoring of patient-generated health information, such as blood pressure, weight and heart rate, via an iPhone. The technology will potentially enable physicians detect early signs of trouble and to intervene accordingly in patients with chronic diseases like diabetes and hypertension before the situation becomes acute (and much more expensive).
    • Google and Samsung have released similar services and have also begun to reach out to hospitals. This bodes well for patients and doctors alike.
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  • Tue, Feb. 3, 8:59 AM
    • HCA Holdings (NYSE:HCA) Q4 Results ($M): Revenues: 9,636 (+9.1%); Operating Expenses: 7,719 (+7.6%); Non-GAAP EBITDA: 1,956 (+14.1%); Net Income: 527 (+24.3%); EPS: 1.19 (+29.3%); CF Ops: 1,627 (+32.7%); Quick Assets: 566 (+36.7%).
    • Admissions: 458,000 (+5.5%); Equivalent Admissions: 760,200 (+6.1%); Revenue Per Equivalent Admission: 12,676 (+2.7%); Inpatient Revenue Per Admission: 12,461 (+2.8%); Patient Days: 2,216,700 (+6.3%); Equivalent Patient Days: 3,679,000 (+7.0%); Inpatient Surgery Cases: 132,600 (+3.0%); Outpatient Surgery Cases: 233,400 (+0.2%); ER Visits: 1,949,200 (+11.1%).
    • 2015 Guidance: Revenues: $38.5B - 39.5B; Non-GAAP EBITDA: $7.35B - 7.65B; Non-GAAP EPS: $4.55 - 4.95; CAPEX: ~$2.4B.
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  • Tue, Feb. 3, 8:33 AM
    • HCA Holdings (NYSE:HCA): Q4 EPS of $1.33 beats by $0.10.
    • Revenue of $9.64B (+9.0% Y/Y) beats by $50M.
    • Press Release
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  • Mon, Feb. 2, 5:30 PM
  • Mon, Feb. 2, 1:33 PM
    • HCA Holdings (HCA -1.6%) will report Q4 and full-year results tomorrow before the open. The conference call will begin at 9:00 am CT/10:00 am ET.
    • Consensus views for Q4 and 2014 are EPS of $1.23 and $4.61 on revenues of $9.6B and $39.9B, respectively.
    | Comment!
  • Fri, Jan. 23, 5:31 PM
    • Hospital giant HCA Holdings will take Safeway's place in the S&P 500 after Monday's close. Safeway is about to be acquired by fellow supermarket chain Albertsons.
    • HCA +2.7% AH to $70.50.
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  • Tue, Jan. 13, 10:27 AM
    • HCA Holdings (HCA -1.7%) plans to offer $750M aggregate principal amount of senior notes. Proceeds will be used to repay at maturity its $750M aggregate principal amount of outstanding 6.375% Senior Notes due 2015 and for general corporate purposes.
    • Pricing has yet to be determined.
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Company Description
HCA Holdings Inc is a health care services company. It operates general acute care hospitals, psychiatric hospitals; and rehabilitation hospitals. It also operates freestanding surgery centers.
Sector: Healthcare
Industry: Hospitals
Country: United States