HCA Healthcare
HCA Healthcare is a leading provider of healthcare services, operating a vast network of general acute care, behavioral, and rehabilitation hospitals across the United States and England. The company focuses on delivering comprehensive medical care through integrated local networks supported by enterprise-scale resources and digital capabilities. Its core value proposition centers on providing high-quality, cost-effective clinical services across inpatient and outpatient settings.
Financials
Based on Q1 2026 filing
Revenue
View metricNet Income
View metricOperating Cash Flow
View metricFree Cash Flow
View metricEPS (Diluted)
View metricBusiness Segments
Inpatient Hospital Services
primaryComprehensive medical care provided within general acute care, behavioral, and rehabilitation hospitals. Services include internal medicine, cardiology, oncology, neurosurgery, and specialized psychiatric care.
General Acute Care Hospitals, Behavioral Hospitals, Rehabilitation Hospitals, Psychiatric Care, Intensive Care, Cardiac Care
Medicare beneficiaries, Medicaid recipients, Managed care plan members, Private insurance policyholders
Outpatient and Ancillary Services
majorHealthcare services delivered outside of a traditional hospital stay, emphasizing convenience and accessibility. This includes surgical procedures, emergency care, and diagnostic testing conducted in freestanding or hospital-affiliated facilities.
Ambulatory Surgery Centers (ASCs), Freestanding Emergency Care Facilities, Urgent Care Facilities, Walk-in Clinics, Diagnostic Centers, Endoscopy Centers, Physician Practices
Self-pay patients, Managed care plan members, Medicare Part B participants, Employer-sponsored health plan members
Post-Acute and Other Services
moderateSpecialized care provided to patients recovering from illness or injury, as well as end-of-life care and home-based medical support.
Home Health Agencies, Hospices, Rehabilitation Facilities, Outpatient Physical Therapy
Elderly patients, Terminally ill patients, Recovering surgical patients
Segment Financials
Managed Care And Other Insurers — Revenues From Third Party Payers Ratio
View metricAtlantic Group — Number Of Owned And Operated Hospitals
View metricNational Group — Number Of Owned And Operated Hospitals
View metricAtlantic Group — Supplies Expense
View metricAmerican Group — Supplies Expense
View metricNational Group — Supplies Expense
View metricCorporate And Other — Number Of Owned And Operated Hospitals
View metricBusiness Overview
Competitive Position
HCA is one of the largest healthcare service providers in the U.S., leveraging significant economies of scale and a dense market presence in high-growth states like Florida and Texas.
Geographies
United States, United Kingdom
Customer Segments
Government (Medicare/Medicaid), Commercial Insurers, Individual Patients
Upstream Dependencies
Medical device manufacturers, Pharmaceutical companies, Specialized medical staffing agencies, Healthcare IT and EHR software providers
Downstream Customers
Patients, Government health programs, Private health insurance companies, Self-insured employers
Competitors & Partners
Competitors
Partners
Galen College of Nursing
Academic partner for nursing education and workforce development
The Joint Commission
Accreditation body for healthcare facilities
Alphabet Inc.
GOOGL
Technology partner for cloud and AI capabilities
Subsidiaries
HealthONE Swedish
Affiliated hospital facility
St. David’s HealthCare
Healthcare system partnership in Austin, Texas
HCA Healthcare Foundation
Philanthropic arm supporting community health
HCA Healthcare FAQ
Common questions about HCA Healthcare
HCA Healthcare is a leading provider of healthcare services, operating a vast network of general acute care, behavioral, and rehabilitation hospitals across the United States and England. The company focuses on delivering comprehensive medical care through integrated local networks supported by enterprise-scale resources and digital capabilities. Its core value proposition centers on providing high-quality, cost-effective clinical services across inpatient and outpatient settings.
HCA Healthcare (HCA) has a market capitalization of $87.4B and trades on NYSE.
HCA Healthcare generated $76.4B in trailing twelve-month revenue with net income of $6.8B, representing a net margin of 8.9%, with free cash flow of $7.9B. These figures are based on the Q1 2026 filing.
HCA Healthcare's key competitors include Humana Inc., Tenet Healthcare, Universal Health Services, and others. These companies compete in similar markets and product categories.
HCA Healthcare has approximately 310,000 employees.