While other publicly traded, for-profit health systems have reduced their hospital portfolios in recent years, Nashville, Tenn.-based HCA has grown.
HCA ended 2023 with 186 hospitals, up from 179 in 2019. The system has continued to expand in 2024, finalizing the acquisition of a Texas hospital and entering an asset purchase agreement with a New Hampshire system, while also selling a California hospital.
Here is a look at the three deals HCA has made so far in 2024:
1. Manchester, N.H.-based Catholic Medical Center, a 330-bed regional health system, entered into an asset purchase agreement with a subsidiary of HCA on July 1 and initiated the regulatory review process with the New Hampshire Attorney General's Office. The health systems are prepared for the regulatory process to proceed "over the coming months" and did not specify a tentative date for finalizing the deal.
2. Los Angeles-based UCLA Health finalized its acquisition of the 260-bed West Hills Hospital and Medical Center from HCA Healthcare's Far West division on March 29. As part of the deal, the Los Angeles hospital will get a new name: UCLA West Valley Medical Center.
3. Medical City Healthcare in Dallas, a subsidiary of HCA Healthcare, completed its purchase of Trinity Regional Hospital Sachse (Texas) from Sunland Medical Foundation on Feb. 1. The bond-financed hospital, located in a northeastern suburb of Dallas, opened in 2021 and filed for Chapter 11 bankruptcy protection in 2023, when it also began its search for a buyer.