HCA Healthcare, Inc. Annual Report, Year Ended Dec 31, 2015

HCA Healthcare, Inc. (HCA) reported strong financial performance for the fiscal year ending December 31, 2015, with revenues increasing by 7.5% to $39.7 billion and net income attributable to HCA Holdings, Inc. rising by 13.6% to $2.1 billion. This growth was driven by an increase in equivalent admissions and revenue per equivalent admission, reflecting improved patient volumes and higher service utilization across its extensive network of hospitals and surgery centers. The company continues to focus on its growth agenda, which includes expanding its presence in existing markets, recruiting physicians, and enhancing operational efficiency. Despite a significant increase in the provision for doubtful accounts, reflecting higher uninsured patient receivables, HCA maintained a healthy financial position, supported by strong operating cash flows and a disciplined approach to capital allocation, including substantial share repurchases. The company remains exposed to regulatory changes in the healthcare industry, particularly concerning Medicare and Medicaid reimbursements, and ongoing legislative developments like the Affordable Care Act, which could impact future financial results.