lindsey espe , madison foley, jameson murray, sydney scheben , mccauley studdard
DESCRIPTION
Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard. History . In 1968 Dr. Frist, Jack Massey, and Dr. Thomas Frist, Jr. formed their own hospital company, Hospital Corporation of America. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/1.jpg)
Lindsey Espe, Madison Foley, Jameson Murray, Sydney Scheben, McCauley Studdard
![Page 2: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/2.jpg)
History • In 1968 Dr. Frist, Jack Massey, and
Dr. Thomas Frist, Jr. formed their own hospital company, Hospital Corporation of America.
• The company grew rapidly and by the end of the year had 26 hospitals and over 3000 beds.
• Continuing to grow by the year 1981 HCA operated 349 hospitals with more than 49,000 beds.
![Page 3: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/3.jpg)
History• In 1987 HCA spun off of a privately owned company
named HealthTrust, but remerged as a public company in 1992.
• In 1994 HCA merged with Columbia. • HCA became a private company for the third time
when it completed another merger. This merger was the largest buyout in history at the time. (33 billion)
• Became public again in 2011 and currently remains public
![Page 4: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/4.jpg)
Values• Safe place to work • Necessary tools and equipment to perform
work• Open and available communication • Fair workplace• Fair and understandable compensation and
benefits
![Page 5: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/5.jpg)
Mission Statement and Values• “Above all else, we are committed to the care and improvement of
human life. In recognition of this commitment, we will strive to deliver high quality, cost-effective healthcare in the communities we serve. In pursuit of our mission, we believe the following value statements are essential and timeless:
• •We recognize and affirm the unique and intrinsic worth of each individual.
• •We treat all those we serve with compassion and kindness. • •We act with absolute honesty, integrity and fairness in the way we
conduct our business and the way we live our lives. • •We trust our colleagues as valuable members of our healthcare
team and pledge to treat one another with loyalty, respect, and dignity.”
![Page 6: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/6.jpg)
It’s All About Location, Location, Location
• HCA is a company that owns several hospitals and provides healthcare to people in several states
• 163 different hospitals • 110 freestanding surgery clinics• 4-5% of all inpatient care is by HCA facilities in
the United States.
![Page 7: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/7.jpg)
The Product• http
://www.youtube.com/watch?v=8xM2o58V4Y4&playnext=1&list=PL1F7627C6EC946492&feature=results_main
• HCA does not personally do any advertising; each individual hospital advertises for itself
![Page 8: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/8.jpg)
Reaching Out to the Community
• volunteering in the Middle Tennessee area• Purpose: to provide health/wellness, safety,
cultural, and general welfare for the area
![Page 9: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/9.jpg)
Pricing
• Varies by hospital • Tristar Skyline pricing estimate
![Page 10: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/10.jpg)
HCA Financials
• Cash flows: $1.460 billion• Debt: $27 billion• Net income: $931 million• Stock- upward trend
– Previous close: $33.24
![Page 11: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/11.jpg)
Ethics and Compliance • Named to Ethisphere’s “World’s Most Ethical
Companies.” • Recent issues:
– Unnecessary Cardiac Work (August 6)– Violated False Claims Act and the Spark Statute
August 6 stock
![Page 12: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/12.jpg)
HCA International • London, England
–Hospitals and care centers
![Page 13: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/13.jpg)
Technology: @HCAhealthcare#“hCARE”#Apple,Inc. Apps#Social media #Up-to-date products
![Page 14: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/14.jpg)
Management:A Healthy Work Place
• HCA’s Five Key Areas are: Culture, Leadership, Voice, Compensation/Rewards, and Staffing
• Only 6% of people had a negative interviewing experience with HCA
• The overall company rating by employees is 3.1 out of 5 with a majority of the employees satisfied with their work place.
• 72% approval of the CEO among employees
![Page 15: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/15.jpg)
This is a foundation run by and supported by HCA employees. Its purpose is to help HCA employees and their immediate families that are affected by financial hardship for whatever reason. However, this is not an employee benefit.
Foundation
![Page 16: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/16.jpg)
Equal Opportunity Employer
• “We strive to create and maintain a setting in which we celebrate cultural and other differences and consider them the strengths of the organization. No one shall discriminate against any individual with regard to race, color, religion, sex, national origin, age, disability, sexual orientation or veteran status.”
![Page 17: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/17.jpg)
Let’s Meet the TeamExecutives
–30 White men–1 Hispanic male–1 African American male–1 White female
![Page 18: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/18.jpg)
Executives
Richard M. Bracken: CEO David G. Anderson: SVP- Finance and Treasurer
Victor L. Campbell: SVP
Jana J. Davis: SVP- Communications R. Milton Johnson: CFO
Juan Vallarino: SVP- Employer and Payer Engagement
![Page 19: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/19.jpg)
HCAKey Competitors
![Page 20: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/20.jpg)
Ascension Health• Ascension Health is the largest market
competitor with HCA. It is a Catholic Church organization headquartered in St. Louis, MO. In Nashville, they own St. Thomas hospital, one of the largest in the state.
![Page 21: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/21.jpg)
Community Health Systems• Community Health Systems is a Nashville
based healthcare company. Around Nashville, Gateway and Heritage hospitals are the major competitors. In the Fortune 500 listings, they are listed as #198.
![Page 22: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/22.jpg)
Catholic Health Initiative• The Catholic Health Initiative is
headquartered in Denver, CO, and owns 76 hospitals in 19 states. Their mission is to provide personal healthcare based on Catholic principles; with integrity.
![Page 23: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/23.jpg)
Health Management Associates
• HMA is operated in Naples, Florida, and owns 70 hospitals in 15 US states. They have over 40,000 employees who saw over 3.5 million patients last year. They are known for being very outspoken in regards to the Healthcare overhaul.
![Page 24: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/24.jpg)
DaVita• The leader in kidney related healthcare in
the United States. They are significant competitors, because HCA does offer kidney treatment, and DaVita takes most of their patients from that.
![Page 25: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/25.jpg)
SWOT
Analysis
![Page 26: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/26.jpg)
SWOT Analysis: Strengths• 1. Large Infrastructure
– 163 Hospitals– 157 are Acute Care hospitals– 5 Psychiatric and 1 Rehabilitation Hospital
• 2. Multiple Regions of Business– Locations in 20 states– Locations in the UK
• 3. Broad Range of Services Provided– Medical and Surgical Services Provided– Inpatient & Cardiac Care– -Emergency Services
![Page 27: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/27.jpg)
SWOT Analysis: Strengths
• 4. Located in High-Growth, Urban Areas• 5. Diversified Portfolio of Assets and
Services• 6. Strong Market Share
–4.5%–Next Highest Competitor is 2.2%
![Page 28: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/28.jpg)
SWOT Analysis: Weaknesses • 1. Decrease in Number of Open Heart
Surgeries– High Revenue per Surgery
• 2. Large Fraud Settlement in 1990’s• 3. Rate of Revenue Growth declining• 4. Individual Facility Management Issues• 5. Low Occupancy Rates
– 53%– Lower than many competitors
![Page 29: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/29.jpg)
SWOT Analysis: Opportunities
• 1. Hospital is in a “Growth Phase” of its life cycle
• 2. Increase per capita disposable income• 3. Increase in aging population• 4. New drugs and procedures every day• 5. Decline in Non-Profits
– Leads to Consolidation
![Page 30: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/30.jpg)
SWOT Analysis: Threats• 1. Intense Competition• 2. Rising cost of Healthcare• 3. Consistent, Heavy Level of Regulation• 4. Rising Technology Costs• 5. Nursing shortage
– Leads to higher wages and costs
![Page 31: Lindsey Espe , Madison Foley, Jameson Murray, Sydney Scheben , McCauley Studdard](https://reader036.vdocument.in/reader036/viewer/2022062814/56816855550346895dde6eb5/html5/thumbnails/31.jpg)
SWOT Analysis: Conclusion• In conclusion, HCA has and will be able to
consistently compete in the industry. They control a significant percentage of the national healthcare market. They span across different regions and provide a wide variety of services that will lead to growth in the future. They have a plethora of new opportunities because of the aging population and will continue to be a power for years to come.