
Hospital Corporation of America (HCA), founded in 1968 in Nashville, Tennessee, is an American for-profit operator of healthcare facilities. It runs 182 hospitals in 20 states in the US and also has a presence in the UK through its arm, HCA International. HCA offers traditional services and has a strong international presence in the rapidly growing for-profit medical services and hospital management industry. HCA's hospitals and affiliated sites of care include surgery centers, freestanding emergency rooms, urgent care centers, and physician clinics. The company has been profitable, with revenues increasing from $29 million in 1968 to over $1 billion in 1980. HCA has also been at the forefront of the shift towards outpatient surgery, with its ambulatory surgery centers (ASCs) providing clinical and economic advantages to patients, physicians, and the healthcare industry.
Characteristics | Values |
---|---|
Name | Hospital Corporation of America (HCA) |
Other Names | HCA Healthcare, Park View Hospital Inc. |
Year Founded | 1968 |
Founders | Thomas F. Frist Sr., Thomas F. Frist Jr., Jack C. |
Location | Nashville, Tennessee, USA |
Number of Employees | 68,000 |
Sales | $4.27 billion |
Number of Hospitals | 186 (as of May 2020) |
Number of Sites | 2,400 (as of May 2020) |
Types of Sites | Surgery centers, freestanding emergency rooms, urgent care centers, physician clinics |
Countries of Operation | United States, United Kingdom |
Specialties | Cardiovascular surgery, urological surgery, laparoscopic surgery, arthroscopic surgery, endoscopic surgery |
Criticism | Accused of performing unnecessary surgeries by a former employee in a whistleblower lawsuit |
What You'll Learn
History of Hospital Corporation of America
The Hospital Corporation of America (HCA) is an American for-profit operator of healthcare facilities. It was founded in 1968 in Nashville, Tennessee, by Thomas F. Frist Sr., a practising internist and cardiologist, along with his son, Thomas F. Frist Jr., a 29-year-old surgeon, and businessman Jack C. Massey, who had hospital management experience.
Thomas Frist Sr. was motivated to build his own hospital due to his dissatisfaction with the quality of care and efficiency in the hospitals in his area. He believed that a hospital could be run more efficiently as part of a chain, and that this would attract strong investors and superior medical personnel, improve the fiscal health of the community, and provide excellent healthcare at a reasonable cost to patients.
By 1969, HCA had acquired or built 11 hospitals, and the company went public in March of that year, with stock rising from $18 to $40 a share on the first day of trading. By 1978, the corporation's tenth anniversary, it had 100 hospitals and 28,000 employees. In 1979, HCA owned or managed 140 hospitals, and by the mid-1980s, the hospital chain included over 200 hospitals and held contracts to manage 200 more. In 1988, Rick Scott and Richard Rainwater founded the Columbia Hospital Corporation, which acquired 73 hospitals of Galen Health Care. In February 1994, HCA merged with Columbia to form Columbia/HCA Healthcare Corporation.
In the 1990s, HCA engaged in illegal accounting and other crimes, resulting in the payment of over $2 billion in federal fines and the dismissal of CEO Rick Scott. In 1997, federal investigators raided hospitals associated with Columbia/HCA in seven states, searching for evidence of fraud in the company's billings to the federal Medicare program. Scott resigned as CEO and was replaced by Thomas Frist Jr.
As of 2020, HCA Healthcare owned and operated 186 hospitals and approximately 2,400 sites of care, including surgery centres, freestanding emergency rooms, urgent care centres, and physician clinics in 20 states and the United Kingdom. HCA Healthcare is ranked #61 on the Fortune 500 rankings of the largest United States corporations by total revenue.
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HCA's presence in the UK
HCA Healthcare UK is the United Kingdom arm of Hospital Corporation of America (HCA), historically known as Hospital Corporation of America. HCA Healthcare UK serves London and Manchester, England, and is a leading private healthcare provider alongside the National Health Service (NHS). HCA Healthcare UK provides specialised care across all areas of medicine, including rare conditions. They offer same or next-day appointments with doctors in person, via video, or telephone. They also have a network of Urgent Care Centres across London that are open 365 days a year and do not require appointments.
HCA Healthcare UK has a broad range of advanced tests, imaging services, and outpatient procedures. They also offer day patient services for treatments that can be undertaken within six hours. HCA Healthcare UK hospitals have a higher proportion of CQC 'Outstanding' ratings than any other private hospital network in the UK, and 98% of patients recommend HCA UK.
The organisation's main hospital sites within the United Kingdom include The Christie Private Care, where patients receive treatment for prostate cancer, and The Princess Grace Hospital, where knee replacement surgeries are performed. HCA Healthcare UK also includes the Lister Fertility Clinic, which provides fertility treatments.
HCA Healthcare UK has demonstrated a cooperative spirit with the NHS during the COVID-19 pandemic. According to John Reay, President and CEO of HCA Healthcare UK, the organisation has supported the NHS to the fullest extent during this challenging time. HCA Healthcare UK has also encouraged the well-being of its staff through initiatives such as the Walk to Nashville challenge, organised in partnership with the Ondo well-being app.
In recent news, a former employee of Hospital Corporation of America, Inc. (HCA) accused the organisation of engaging in unnecessary surgeries in a whistleblower lawsuit reported by the Wall Street Journal.
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Cardiovascular surgery
The Hospital Corporation of America (HCA), founded in 1968 in Nashville, Tennessee, is an American for-profit operator of healthcare facilities. As of 2020, HCA owns and operates healthcare facilities across the United States and the United Kingdom, including surgery centers, hospitals, freestanding emergency rooms, urgent care centers, and physician clinics.
While there is no specific mention of cardiovascular surgery, HCA does own and operate surgery centers and hospitals, which typically perform a range of surgical procedures, including cardiovascular surgery. Cardiovascular surgery is a specialized field that focuses on the treatment of heart and vascular conditions. It involves surgical procedures on the heart, blood vessels, and cardiovascular system to treat conditions such as heart disease, vascular disease, and congenital heart defects.
In addition to traditional inpatient cardiovascular surgery, there is a growing trend towards outpatient cardiovascular surgery in freestanding ambulatory surgery centers (ASCs). Cardiovascular Centers of America (CCA), founded by Dr. William Reilly in 2019, is a leading company in this field, specializing in the development and management of heart and vascular ASCs. CCA aims to provide seamless, efficient, and patient-centered care by prioritizing the needs and goals of its physician partners. They currently have a center in Tyler, Texas, with plans to expand across the country.
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Minimally invasive surgeries
The Hospital Corporation of America (HCA), historically known as Hospital Corporation of America, is an American for-profit operator of healthcare facilities. It was founded in 1968 in Nashville, Tennessee, and owned and operated 186 hospitals and approximately 2,400 sites of care, including surgery centres, as of May 2020.
There are several types of minimally invasive surgeries. One common type is laparoscopic surgery, which involves making tiny incisions and inserting a tube with a light and a camera (laparoscope) to visualise the anatomy and perform complex surgeries with minimal trauma. Other types include thoracoscopic surgery, arthroscopic surgery, and advanced forms using robotic arms.
However, minimally invasive techniques can take longer and may not be suitable for emergencies or unclear conditions. Additionally, certain heart and lung conditions may not be ideal for laparoscopic surgery due to the risk of complications from gases pumped into the abdominal cavity.
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Whistleblower lawsuit
The Hospital Corporation of America (HCA), founded in 1968 in Nashville, Tennessee, is an American for-profit operator of healthcare facilities. HCA has been involved in several whistleblower lawsuits over the years, with accusations of engaging in unnecessary surgeries and various fraudulent activities.
In one notable case, a former employee of HCA accused the organization of performing unnecessary surgeries in a whistleblower lawsuit reported by the Wall Street Journal. While the specifics of the case are not publicly available, it raises concerns about the potential misuse of medical procedures and the motivation behind them.
HCA has also faced allegations of healthcare fraud, including upcoding, kickbacks, and record falsifications. In 2002, HCA reached a settlement in a fraud case, paying out over $2 billion in restitutions, fines, and penalties. The settlement resolved allegations of defrauding Medicare, Medicaid, and other federally funded healthcare programs through various schemes.
In another instance, a whistleblower disclosed that over a period of eight years, more than 1,200 procedures at a Florida facility were deemed medically unnecessary. These treatments were primarily performed in the catheterization laboratory of the hospital, contributing to a significant portion of the hospital's profits.
Additionally, HCA faced a Medicare whistleblower lawsuit filed by Edward Ernst, who accused HCA and its subsidiaries of submitting false claims to Medicare and Tricare for physical therapy services. However, a federal judge dismissed the lawsuit, citing a lack of specific information about the alleged fraud.
The frequent involvement of HCA in whistleblower lawsuits and fraud allegations highlights the ongoing scrutiny and challenges faced by the organization. It underscores the importance of accountability and ethical practices in the healthcare industry, particularly when profit-driven motives may conflict with patient well-being.
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Frequently asked questions
Yes, the Hospital Corporation of America (HCA) performs surgeries. HCA offers specialized cardiovascular surgery and urological surgical treatments. They also perform minimally invasive, robot-assisted surgeries, including laparoscopic and endoscopic procedures.
The Hospital Corporation of America (HCA) was founded in 1968 in Nashville, Tennessee, by Thomas F. Frist Sr. and Thomas F. Frist Jr. The company went private in March 1989 and has since expanded internationally, with a strong presence in the UK.
The Hospital Corporation of America has been described as a "trailblazer" in the for-profit medical-services and hospital-management industry. It has achieved consistent growth and financial success. However, in 2015, a former employee accused HCA of engaging in unnecessary surgeries in a whistleblower lawsuit reported by the Wall Street Journal.