January 26, 2022
NOT FOR EXTERNAL DISTRIBUTION
SOURCE: Nashville Business Journal
AUTHOR: Joel Stinnett
Everything is bigger in Texas — and soon, Nashville’s largest health care company will be too.
HCA Healthcare Inc. will build five new full-service hospitals in the Lone Star State, according to a news release — one in Dallas Fort-Worth, one in Houston, one in San Antonio and two in Austin.
The San Antonio hospital is in partnership with Methodist Healthcare Ministries, while the two Austin hospitals are in partnership with St. David’s Foundation and Georgetown Health Foundation. The number of beds each hospital will operate was not disclosed.
HCA is already the largest health care provider in Texas, with 45 hospitals and 632 affiliated sites of care. The company has invested approximately $6.6 billion in Texas over the last five years, according to the release.
“Communities across Texas are undergoing a rapid increase in population, and the addition of these new hospitals will help our existing network meet the increasing need for healthcare services,” HCA CEO Sam Hazen said in the release. “We are thrilled to expand our presence in Texas, and we believe it will enhance our care and better serve our patients.”
The announcement comes less than two months after HCA revealed plans to build three new hospitals in Florida, with construction expected to begin this year.
HCA (NYSE: HCA) is Nashville's largest publicly traded company and the nation’s biggest hospital operator, with $51.5 billion of revenue in 2020. The company operates 183 hospitals across 20 states and the United Kingdom.
HCA’s fourth quarter and year-end earnings call is set for 9 a.m. Thursday.