PLANNING & EVALUATION

Health Care Planning & Evaluation - Hospital Corporation of America (HCA)

Table of Contents

Introduction2

Discussion and Analysis2

Conclusion9

References10

Appendix10

Table 1: Internal and External Assessments11

Health Care Planning & Evaluation - Hospital Corporation of America (HCA)

Introduction

Healthcare Corporation of America (HCA) is United State's leading service provider in terms of healthcare. The Health Care Corporation of America along with its affiliates is currently operating one rehabilitation hospital, five psychiatric hospitals, and around hundred and sixty-three hospitals comprised of general, acute care hospitals. The Healthcare Corporation of America operated within United States and England. The headquarters of the HCA is in Nashville, Tennessee. Hospital Corporation of America has approximately 0.2 million employees, comprising of roughly forty-nine thousand part-time employees. HCA operates, manages or owns physical therapy and comprehensive rehabilitation centers, oncology and radiation therapy centers, imaging and diagnostic centers, freestanding surgery centers, hospitals, and a number of different facilities. As of 31st, December, 2011, the Hospital Corporation of America operated and owned hundred and fifty-seven general, acute care hospitals with roughly 41,000 licensed beds (www.hcahealthcare.com).

Discussion and Analysis

The HCA (Health Corporation of America) is a company providing healthcare services that operates and owns rehabilitation hospitals, psychiatric hospitals and acute and general care hospitals. HCA's important position within the outpatients and inpatient markets in the United States provides HCA an edge over its competitors, therefore offering an opportunity to strengthen its position further. Nonetheless, rising percentages of patients that are not insures accounts and a fall in the accounts' collectability would negatively impact the outcomes of the operations of the Healthcare Corporation of America.

Table 1: Internal and External Assessments

Internal Assessment

External Assessment

Extensive Service Offerings

Escalating patient (uninsured) accounts

Leading position within the inpatient healthcare market

Intense competition and cost containment measures

Inpatient rooms' lower utilization

Increasing Aging Population

Higher levels of indebtedness

Hospitals in high-growth population areas

Healthcare Corporation of America is a top facilitator of acute care services, which is investor-owned and mainly focusing towards the suburban and urban settings. The company sustains its leading position within the inpatient market of most of the United States with a twenty-five to forty percent share. Within U.S. during the year 2007, the HCA accounted for roughly 5% of the inpatient admissions. Currently, HCA have above 40,000 beds (licensed) and operates 169 hospitals. Facilities of the HCA are operating in around 20 states within United Stated and England. In addition to this, within the healthcare industry the company is among the largest businesses of outpatient surgery with hundred and thirteen freestanding ambulatory centers for surgery. Other facilities (outpatient) of HCA comprise of fifty-three freestanding facilities of diagnostic treatment, sic oncology centers and around eighty imaging facilities (provider based). A leading position in the market offers HCA and extra negotiating leverage.

At its general, acute care hospitals and different healthcare facilities, the company provides a broad array of services, comprising of emergency services, diagnostic services, cardiac care, intensive care and surgical and medical services. These acute, general care hospitals offer outpatient services like physical therapy, cardiology, respiration therapy, radiology, laboratory, and outpatient surgery. Furthermore, the company's psychiatric hospitals offer therapeutic programs together ...