Total combined stock market value of $60 billion
As Hurricane Michael rapidly approaches western Florida as a dangerous Category 4 storm, some of the nation’s largest publicly traded hospital operators are working to limit the damage.
HCA Healthcare, the largest investor-owned hospital operator in the U. S., has about 5 percent of its acute-care beds in the path of the storm, according to analysts at Evercore ISI. That’s followed by Community Health Systems, which has about 4 percent of its beds in the storm’s path, and Universal Health Services with 1 percent.
HCA executives are meeting Wednesday morning to discuss the possible impact and preparations.