HCA Holdings ups adjusted EBITDA guidance for 2015, admissions rise

By Lisa Kerner

Charlotte, N.C., Jan. 11 – HCA Holdings, Inc.’s adjusted EBITDA is now estimated to be about $7.9 billion for 2015, up from the previously issued guidance of about $7.8 billion, according to chairman and chief executive officer Milton Johnson.

Same facility admissions for the fourth quarter of 2015 are expected to increase roughly 1.6%, same facility equivalent admissions are expected to increase 2.9% and same facility emergency room visits are expected to increase about 3.6% from the prior year’s fourth quarter.

Johnson made his comments during a presentation on Monday at the 34th Annual J.P. Morgan Healthcare Conference in San Francisco.

The company expects to release its full results for the fourth quarter of 2015 and guidance for 2016 on Jan. 28.

Johnson also discussed the company’s capital allocation from its March 2011 IPO through the third quarter of 2015.

The company used $8.9 billion for capital expenditures, $3.3 billion for acquisitions, $3.2 billion for special dividends and $5.1 billion for share repurchases.

HCA is a Nashville-based for-profit operator of health care facilities.

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