HCA Healthcare, every mention
18 scenes · ← back to HCA Healthcare
tap a year for its mentions
every year anyone Ted Seides 29Chris Gordon 17Jon Ballis 1John Connaughton 1Brian Christensen 1
Verbatim, from the transcripts: the passages where HCA Healthcare comes up
Brian Christiansen – High-Conviction Growth Investing at Sands Capital (EP.361)
- ▶ 52:04 Brian Christensen Reddy was inspired by the Frisk family who had built HCA here in the US.
Classic Deal: HCA – Chris Gordon, Bain Capital (EP.335)
- ▶ 4:47 Ted Seides It's Bain Capital and KKR's Take Private of Hospital Corporation of America in 2006. 8 times in the scene
- ▶ 6:38 Ted Seides Well, this is going to be a fun one to go back in time, and maybe we should start with what was being capital like, and what was the environment for deals like leading up to the HCA purchase? 3 times in the scene
- ▶ 10:48 Ted Seides So let's talk about HCA. 10 times in the scene
- ▶ 14:00 Chris Gordon So we developed a good relationship with Tommy Jr., Tommy Frist, who was over this time period at that point, leading HCA. 2 times in the scene
- ▶ 17:09 Chris Gordon And we thought there was an opportunity to pull that long-term value forward, be able to pay the current stockholders a really attractive premium off their current stock price and potentially take the company private.
- ▶ 20:24 Chris Gordon I think he thought maybe HCA was selling a division or a very large group of hospitals or some large scale, but not whole company strategic transaction.
- ▶ 21:49 Chris Gordon Shortly after HCA, as the debt markets heading right into the GFC got really hot, there was a period of time where lots of different public to privates could happen and frankly did happen, but HCA was really on the very, very front 5 times in the scene
- ▶ 23:41 unnamed speaker Happened with the HCA management team. 6 times in the scene
- ▶ 32:09 Chris Gordon And so, in a case like, like HCA, what it generally lets you do is it tends to let you take actions more quickly operationally, even if that might lead to some shorter term volatility in your results. 2 times in the scene
- ▶ 33:34 Ted Seides So I would love to hear what was that experience like when you hit the financial crisis for HCA?
- ▶ 35:57 Chris Gordon As we headed into the recession component, the part that would really affect the operating side of HCA, you know, we certainly had some concerns. 5 times in the scene
- ▶ 39:08 Ted Seides Curious if anything happened with their ownership of HCA? 5 times in the scene
- ▶ 45:40 Ted Seides So when it was all said and done, what did your returns look like on HCA?
- ▶ 53:07 Chris Gordon We're actively engaged in that same long term planning around our debt capital structures now that we were back in 2008, nine with HCA.
- ▶ 54:57 Ted Seides Well, Chris, thanks so much for sharing this little history lesson on HCA and the classic success story.
Jon Ballis – In the Room Where Private Equity Happens at Kirkland & Ellis (Capital Allocators, EP.277)
- ▶ 34:15 Jon Ballis In 2005, that heyday, then the huge deals like SunGuard and HCA, big club deals, multi-billion dollar deals, that shifted.
Private Equity Master 2: John Connaughton – Bain Capital (Capital Allocators, EP.201)
- ▶ 35:13 John Connaughton I mean, even HCA, which I worked on, which is a thirty-three billion dollar deal, five billion dollar equity account.