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Credit Suisse 24th Annual Healthcare Conference
Milton Johnson Chairman of the Board and Chief Executive OfficerBill Rutherford Chief Financial Officer and Executive Vice PresidentVic Campbell Senior Vice PresidentMark Kimbrough Vice President, Investor Relations
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FORWARD-LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES
This presentation may contain certain forward-looking statements provided by Company management. These statements are intended to be covered by the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not relate solely to historical or current facts, including statements regarding future operations, financial results, cash flows, costs and cost management initiatives, capital structure management, growth rates, and operational and strategic initiatives, and can also be identified by the use of words like “may,” “believe,” “will,” “expect,” “project,” “estimate,” “anticipate,” “intend,” “plan,” “initiative,” “continue” or words or phrases of similar meaning. These forward-looking statements speak only as of the date hereof and are based on our current plans and expectations and are subject to a number of known and unknown uncertainties and risks, many of which are beyond our control. These risks and uncertainties are described in headings such as “Risk Factors” in our annual report on Form 10-K for the year ended December 31, 2014 and other reports filed with the Securities and Exchange Commission. As a consequence, current plans, anticipated actions and future financial position and results of operations may differ significantly from those expressed in any forward-looking statements in today’s presentation. You are cautioned not to unduly rely on such forward-looking statements when evaluating the information presented and we do not intend to update any of these forward-looking statements.
The presentation may contain certain non-GAAP measures, including Adjusted EBITDA. The Company’s earnings releases for the year ended December 31, 2014, and for the quarter and nine months ended September 30, 2015, located on the Company’s investor relations page at www.hcahealthcare.com, include reconciliations of certain non-GAAP financial measures and the most directly comparable financial measures calculated in accordance with GAAP. These non-GAAP financial measures should not be considered alternatives to the GAAP financial measures.
We have filed a Registration Statement (including a prospectus supplement and related prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus supplement in that Registration Statement, the accompanying prospectus, the documents incorporated by reference therein and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov.
References to “Company” used herein refer to HCA Holdings, Inc. and its affiliates, unless otherwise stated or indicated by context.
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HCA has a diversified portfolio of assets strategically selected in attractive markets……
Denver
Miami/Fort Lauderdale/WPB
Dallas /Fort Worth
San Antonio
New Hampshire
Western Idaho
San Jose
Southern California
Las Vegas
Idaho Falls
Myrtle Beach
Trident / Charleston
JacksonvilleNorth Central Florida
OrlandoTreasure Coast
N-VA
Richmond
S-VA
Augusta
Tallahassee
Wichita
Oklahoma City
Central Louisiana
Lafayette
New OrleansPanhandle
El Paso
Corpus ChristiMcAllen
Brownsville
TerreHaute
Frankfort
ChattanoogaNWGAAtlanta
Middle GA
Anchorage
Nashville
HoustonTampa
Austin
Central London
Gold labels indicate top 10 domestic markets by 3Q 2015 Adjusted EBITDA.
HCA’s top ten markets generate approximately 63% of Adjusted EBITDA
Salt Lake City
Kansas City
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Dallas Market
10 Acute Hospitals 1 Children’s Hospital 1 Behavioral Health Hospital~3,000 Beds (Occupancy 71%) ~7,000 Physicians on Med Staff 5 Trauma Centers12 Surgery Centers31 Urgent Care Centers 6 Free Standing ERs
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HCA’s Sustainable Growth Agenda
“Be the Preferred Provider System in the Market”
Industry leading quality and service
Profitable growth through distinctive MD and patient relationships and value
Efficiency levels that continue to lead the industry
A well-informed response to evolving market environment
Unparalleled development of future leaders
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5.2%
Equivalent
Admission
s(1)
1.4%Revenue per
Equivalent Admission(1)
7.9%Revenues
5.7%Adjusted EBITDA
9.5%Adjusted Net Income Attributable
to HCA Holdings, Inc.(2)
15.1%Adjusted Diluted Earnings Per Share(2)
(1) Same facility (2) Net income attributable to HCA Holdings, Inc. and diluted earning per share exclude losses (gains) on sales of facilities, losses on debt retirement, and legal claim costs.
HCA Continues to Leverage
Its Financial Strength(YTD 9/30/15 compared to prior year)
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What Differentiates HCA
Local Market Strategy & Execution
Culture and Values
Clinical Excellence
Market Diversification
Capital Deployment
Size and Scale
Credit Suisse 24th Annual Healthcare Conference
Milton Johnson Chairman of the Board and Chief Executive OfficerBill Rutherford Chief Financial Officer and Executive Vice PresidentVic Campbell Senior Vice PresidentMark Kimbrough Vice President, Investor Relations