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LIVE NOW
The Call @ Hedgeye | March 28, 2024

PLEASE JOIN US FOR OUR REVIEW OF OUR HCA SHORT THESIS today AT 1PM ET

Please contact  for further information.

CLICK HERE TO WATCH THIS PRESENTATION LIVE

WHAT'S SO SPECIAL ABOUT HCA?

We believe there are several reasons to be cautious on Healthcare, Hospitals, and HCA specifically.  The first is what we believe will be the ongoing hangover from the #ACATaper, which we've described and embellished upon since we began publishing on the theme mid-2015.  We expect Hospital admissions and many other types of care to continue to slow and likely decline in 2017.  For HCA we'll provide data and analysis that counters the long standing consensus opinion that HCA is the "Best Operator" among hospitals.  We think there is limited upside with significant downside into the $40s given the balance sheet leverage.

TODAY AT 1:00PM ET | HCA INVITE | WHAT'S SO SPECIAL ABOUT HCA? | -34% DOWNSIDE TO $48 - hca matrix

TOPICS

  • Facility level detail on revenue, margins, Medicare performance scores, and the local competitive landscape
  • #ACA2.0 and the likely negative impacts of Repeal & Replace
  • Detailed demographics at the Census Bureau Statistical Area (CBSA) which shows little to no growth in commercially insured population
  • Insured Medical Consumer growth, Hospital employment, and our volume forecasting methodology

TODAY AT 1:00PM ET | HCA INVITE | WHAT'S SO SPECIAL ABOUT HCA? | -34% DOWNSIDE TO $48 - HCA Metro Hospital Employment

TODAY AT 1:00PM ET | HCA INVITE | WHAT'S SO SPECIAL ABOUT HCA? | -34% DOWNSIDE TO $48 - Admissions By Zip

Please call or e-mail with any questions.

Thomas Tobin
Managing Director


@HedgeyeHC

Andrew Freedman, CFA
Associate


@HedgeyeHIT 

Alexander Ross
Analyst