Navigation Links
HCA Reports Fourth Quarter - Year End 2007 Results
Date:2/7/2008

million, an impairment of long-lived assets of $24 million and $442 million of transaction costs related to the recapitalization.

As of December 31, 2007, HCA's balance sheet reflected cash and cash equivalents of $393 million, total debt of $27.308 billion, and total assets of $24.025 billion. The Company's total debt balance decreased by $1.100 billion during 2007.

The 2007 gains on sales of facilities included the divestitures of three hospitals for proceeds totaling $661 million and the recognition of a net pretax gain of $443 million, or $272 million net-of-tax. Proceeds were used to reduce debt.

During November 2006, the Company's shareholders approved a merger with an acquiring consortium led by Bain Capital, Kohlberg Kravis Roberts & Co. and Merrill Lynch Global Private Equity, along with HCA founder, Dr. Thomas F. Frist, Jr. and certain members of his family and HCA management in which a cash payment of $51.00 per share was made for each share of HCA common stock held. The merger was accounted for as a recapitalization transaction.

The Company also announced today it had commenced a cash tender offer to purchase up to $500 million of aggregate principal amount of certain series of its outstanding debt securities. The Company expects the completion of the tender offer will reduce its interest expense. The Company intends to finance the purchase of the debt with borrowings under its revolving credit facilities. During the fourth quarter of 2007, the application of proceeds from asset sales contributed to a net reduction of $150 million in borrowings under the revolving credit facilities. For information regarding the tender offer, please refer to the separate press release issued by the Company today regarding the tender offer.

As of December 31, 2007, HCA operated 169 hospitals and 108 freestanding surgery centers (including eight hospitals and nine freestanding surgery centers operated through equity method joint ventures
'/>"/>

SOURCE HCA
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Related medicine news :

1. MedCath Corporation Reports First Quarter Earnings
2. DRAXIS Health Reports Fourth Quarter and Year End Results
3. PPD Reports Fourth Quarter and Year-End 2007 Financial Results
4. Otter Tail Corporation Reports Record Revenues and Net Income From Continuing Operations for 2007; Earnings Per Share of $1.78; Board Approves Dividend Increase
5. Edwards Lifesciences Reports Strong Fourth Quarter Sales
6. The Advisory Board Company Reports Fiscal Year 2008 Third Quarter Results
7. Ingenious Med Reports Record Sales and Client Expansions in 2007
8. Consumer Reports Poll: Americans Demand Health Reform But Are Unsure About How to Achieve it
9. Mediware Reports Second Quarter Fiscal 2008 Results
10. Men Can Take Their Time to Decide on Prostate Cancer Treatment, Reports the Harvard Mens Health Watch
11. Natural Nutrition Operating Subsidiary Reports Record 29% Increase in Revenues for 2007 of $17,460,000
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/22/2014)... CA (PRWEB) August 22, 2014 Buying a ... an adult who is unsure about available coverage types by ... providing principal life insurance policy pricing to the public using ... use of this tool is free and is expected to ... available to the public throughout the U.S. The system is ...
(Date:8/22/2014)... The regional economy is about to ... on the grow again. The plant will invest ... to boost production of the popular Highlander midsize sport ... investment to $4 billion. This step allows Toyota to ... flexibility to adjust its product mix to meet changing ...
(Date:8/22/2014)... 2014 As the controversy surrounding ... in uterine surgeries continues to grow, Bernstein Liebhard ... decided to limit coverage of uterine morcellation. According ... Cross-Blue Shield of Massachusetts will no longer cover ... as of September 1, 2014. Other insurers in ...
(Date:8/22/2014)... Bcl-2-like protein 11 (BIM) deletion in advanced non-small ... progression free survival (PFS) in epidermal growth factor ... treated Asian patients. Also, BIM deletion independently predicts ... The BIM protein can activate the programmed cell ... cells. BIM deletion has been detected in 12.8% ...
(Date:8/22/2014)... Vegas, NV (PRWEB) August 22, 2014 ... by Dr. Sen and Dr. Samantha Pearson to help ... contacts, and avoid corrective vision surgery by instead improving ... Michaels, prompting an investigative review. , “There’s a ... of dollars in revenue each year—it’s because people just ...
Breaking Medicine News(10 mins):Health News:Principal Life Insurance Policies Now Quoted for Adults at Insurance Website Online 2Health News:Toyota Indiana Adding 300 Jobs to Build More Highlanders 2Health News:As Power Morcellator Controversy Grows, Bernstein Liebhard LLP Comments on Massachusetts Insurers’ Plans to Limit Coverage of Uterine Morcellation 2Health News:As Power Morcellator Controversy Grows, Bernstein Liebhard LLP Comments on Massachusetts Insurers’ Plans to Limit Coverage of Uterine Morcellation 3Health News:As Power Morcellator Controversy Grows, Bernstein Liebhard LLP Comments on Massachusetts Insurers’ Plans to Limit Coverage of Uterine Morcellation 4Health News:Deletion predicts survival in advanced non-small cell lung cancer 2Health News:Restore My Vision Today: Review Exposes Natural Eye Restoration Guide by Dr. Sen and Dr. Samantha Pearson 2
... a London based leading drug company, GlaxoSmithKline for having ... the U.S. Food and Drug Administration two years ago ... This became evident last November when The FDA identified ... ,The Public Citizen Group has registered a case ...
... It is always a good idea to regularly floss your ... whole process is cumbersome and a larger percentage of the ... in between the teeth and this leads to gum problems ... ,New research presented today at the American Dental Association's (ADA) ...
... diet and health is well recognized, however, it is ... particular dietary component and a specific health endpoint. This ... as most of them reach humans through the food ... determined the occurrence of various chemical contaminants of notable ...
... is important to exhibit feelings of sympathy or empathy for ... what happens in our brain as soon as // we ... show that the actions of the observer to a large ... that we understand the actions of another person, apparently, on ...
... in the October issue of the journal Pediatrics says that ... that of Cow's milk. , ,Dr. Ruth A. Lawrence ... her colleague Dr. William H. Bowen used rats to demonstrate ... faster than cow's milk. Baby mice did develop cavities and ...
... and extension of lifetime of men with prostate cancer. ... help the immune system recognize tumors. // “If these ... principle of a dendritic cell vaccine altering the natural ... of solid tumor oncology at the Dana-Farber Cancer Institute ...
Cached Medicine News:Health News:FDA Mislead On Asthma Drug By GlaxoSmithKline 2Health News:Athletes Are More Prone To Environmental Pollutants Due To Choice Of Diet 2Health News:Feelings Of Sympathy And Empathy Dictated by Personal Experience 2Health News:Feelings Of Sympathy And Empathy Dictated by Personal Experience 3
(Date:8/22/2014)... August 22, 2014 ... ) has announced the addition of the  ... to their offering.       (Logo: ... essential instrument for any modern science laboratory ... of materials. It can be broadly classified ...
(Date:8/22/2014)... FLINT, Mich. , Aug. 22, 2014 /PRNewswire/ ... been selected as one of two winners in ... by Specialty Pharmacy Solutions, LLC. The results of ... issue of Specialty Pharmacy News. ... their Diplomat University Education & Training program. Through ...
(Date:8/22/2014)... -- Research and Markets  has announced the addition ... & Technologies" report to their offering. ... or you wish to expand your product line, you,ll ... The authors know you want to make effective product ... generate improved revenues and take market share from your ...
Breaking Medicine Technology:Global Laboratory Electronic Balance Market 2014-2018: Key Vendors are A&D Company, Mettler-Toledo, Sartorius and Thermo Fisher 2Diplomat honored as a Top Innovator by Specialty Pharmacy News 2Global Stem Cell Research Products: Opportunities, Tools & Technologies - 2014 Report 2Global Stem Cell Research Products: Opportunities, Tools & Technologies - 2014 Report 3
... CS makes the outstanding ... CS even more flexible. ... Technologies, the Wireless Propaq ... ethernet Local Area Networks ...
... Welch Allyn Vital Signs Monitor ... clinical areas that don't require ... to use, each monitor comes ... and optional features include Nellcor ...
... Propaq CS offers the features needed for ... large 8.4-inch TFT color display allows you ... two vectors of ECG. The touch screen ... not impaired by gloves or temperature., ...
... The Mobile Acuity LT Central Monitoring Station ... Medical Delivery Area when and where it's ... immediately on-site in response to emergency situations ... care for victims involved., ,Used in ...
Medicine Products: