HCA Healthcare, Inc. (HCA) Presents at 2026 KeyBanc Capital Markets Healthcare Forum Transcript

SA Transcripts159.01K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call HCA Healthcare, Inc. (HCA) 2026 KeyBanc Capital Markets Healthcare Forum March 17, 2026 3:00 PM EDT Company Participants Jon Foster - Executive VP & COOChristopher Wyatt - Senior VP, Principal Accounting Officer & Controller Conference Call Participants Matthew Gillmor - KeyBanc Capital Markets Inc., Research Division Presentation Matthew GillmorKeyBanc Capital Markets Inc., Research Division Well, good afternoon. Welcome back to KeyBanc's Healthcare Forum and HCA's presentation. My name is Matthew Gillmor, and I lead healthcare services equity research coverage for KeyBanc. Joining me on screen is Jon Foster, HCA's EVP and COO; Chris Wyatt, SVP and Controller; and Frank Morgan, Vice President of Investor Relations. As most everyone on this call knows, HCA is one of the country's leading health care providers, comprising about 190 hospitals and 2,500 ambulatory sites of care. The company is also distinguished by the depth of its local hospital networks that are concentrated in faster-growing geographies. This will be a fireside chat. I'll lead the Q&A. Feel free to submit questions through the dialogue box or you can message me. So with that, Jon, Chris and Frank, thanks so much for being here. We appreciate it. Jon FosterExecutive VP & COO Thank you. Matthew GillmorKeyBanc Capital Markets Inc., Research Division Well, guys, I think this is probably best directed to Jon, but anyone feel free to jump in. We did want to start off these conversations with a little bit of a state of the union and sort of review of what happened in '25. What were some of the positive drivers? What were some of the challenges? And then how you're thinking about '26. Is there anything new or interesting that you're focused on this year as it compares to last year? Jon FosterExecutive VP & COO All right. Thanks, Matt. Well, certainly, 2025