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Fly News Breaks for September 6, 2018
HCA
Sep 6, 2018 | 09:19 EDT
Argus analyst Jasper Hellweg raised his price target on HCA Healthcare to $150 and kept his Buy rating, saying the company's recent acquisition of Mission Heath in North Carolina strengthens its regional presence. The analyst also cites the managements expectations of healthcare services demand rising 2.0-2.5% annually on "population growth, strong economic conditions, higher medical utilization, and an increase in the number of patients with chronic conditions." Hellweg raises his FY18 EPS view on HCA Healthcare to $9.24 from $8.74, adding that its valuation is "attractive" at 14.4-times expected FY18 earnings vs. 17.5-times peer group average.
News For HCA From the Last 2 Days
HCA
Apr 24, 2024 | 08:40 EDT
Catheter Precision (VTAK) has received its first purchase order for LockeT from an HCA Healthcare (HCA) facility.
HCA
Apr 24, 2024 | 07:14 EDT
Augmedix (AUGX) announced the general availability of Augmedix Go for emergency departments, marking the launch of the industry's first fully-automated, generative AI powered medical documentation product for EDs across the country. The launch incorporates learnings from a pilot program with HCA Healthcare (HCA), one of the nation's leading healthcare providers. As part of the pilot, ED physicians in four HCA Healthcare hospitals utilized Augmedix Go to automate medical documentation, with the product instantaneously drafting their medical notes from patient visits. "The launch of Augmedix Go in the ED represents our unwavering commitment to develop solutions for health systems that improve their workflows. Our agility and flexible architecture, exhibited by our broad product suite and open network platform, help us address the complex and varying needs of clinicians and providers," said Manny Krakaris, CEO of Augmedix. "We have built a sophisticated platform designed to enable clinicians to be present with their patients while trusting that Augmedix technology is doing administrative work unobtrusively in the background."