February 2nd, 2010 – Yesterday the Wall Street Journal reported that HCA, Inc. is paying its private equity owners a $1.75 Billion dividend. While HCA is hardly a household name, they are the nation’s largest hospital operator.
In Colorado, HCA’s HealthONE affilate brand is the largest health care system in the metro Denver area. HealthONE includes the Medical Center of Aurora, Presbyterian/St. Luke’s MedicalCenter, Rose Medical Center; Sky Ridge Medical Center, Swedish Medical Center and AIRLIFE, which provides critical care air and ground transportation for an eight-state region.
HCA’s net income was $1.05 billion in 2009. The $1.75 dividend to HCA’s private equity owners represents a repayment of 1/3 of their original investment. HCA is based out of Nashville, TN and is expected to do an initial public offering in the next several months.
Source: Wall Street Journal Article by Peter Lattman
