Boston, MA 10/31/2013 (wallstreetpr) – HCA Holdings Inc (NYSE:HCA) is a healthcare services holding company in the U.S. As of December 31’11, the company operated 163 hospitals. Its operations capture psychiatric, rehabilitation, freestanding surgery and acute care hospitals. HCA’s operations span three geographical segments structured as National, Southwest and Central. The healthcare holding company has now had 110 of its facilities included in this year’s To Performer List by The Joint Commission. This translates into 80% of its hospitals earning the Top Performer status this year.
Among the top rated facilities include Alaska Regional Hospital, AK; Belton Regional Medical Center, MO; Blake Medical Center, FL; Brandon Regional Hospital, FL and Capital Regional Medical Center, FL. The listing on TJC Top Performance is based on key quality measures and it’s thus considered a very prestigious spot to attain in the healthcare sector. What this means now for HCA is that the quality of its services have now been validated. And this would mean that a lot of patients would be having its facilities among their top priority healthcare facilities.
The TJC’s list ranked 1,099 hospitals, representing just a third of all the hospitals which made submissions of their core performance data last year for recognition. The TJC hospitals ranking has been around for three years now and at least 55 HCA healthcare facilities have made it to the Top Performer List for all the three years. This time around, it had 20 new hospitals on the Top Performer List for the first time.
The Commission recognizes clinical excellence of hospitals based on scientific evidence which point to practices which lead to better patient outcome. Basically, this is a very stringent criterion which leaves those who make it to the top list like HCA, feeling they have attained a milestone.
HCA traded south in the previous session, Wednesday, shedding $0.67, or 1.42% to close $46.67. The healthcare holding company’s market cap is $20.87 billion.