With a market cap of $88 billion, HCA Healthcare, Inc. (HCA) is one of the largest healthcare services companies in the U.S., operating a vast network of hospitals, surgery centers, freestanding emergency rooms, urgent care facilities, and physician practices. Headquartered in Nashville, Tennessee, HCA leverages its enormous scale to streamline operations, share technology and clinical expertise, and improve purchasing efficiency across its network.
Shares of HCA Healthcare have struggled to keep up with the broader market over the past 52 weeks. HCA stock has risen marginally over this time frame, while the broader S&P 500 Index ($SPX) has gained 19.5%. In addition, the stock has declined 13% on a YTD basis, compared to SPX's 11.6% return.