Home | Business News | Browse by Publication | M | Modern Healthcare

HCA's magic act; Going private hinges on unlikely bid to make a mountain of debt vanish.

Publication: Modern Healthcare
Publication Date: 14-AUG-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Todd Sloane Assistant Managing Editor Op-Ed

One thing we can say for certain about HCA is that its corporate culture is not exactly risk-averse. This is a company that has always lived on the edge, whether the nearby abyss is legal or financial. The current leveraged buyout plan, led by a team of private-equity barons and HCA executives, is breathtaking in both its scope and its risk.

One might assume that with $33 billion on the line, these fat cats know what they are doing, and maybe they do-if we look at...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from Modern Healthcare
10 PCs stolen at HCA office., August 14, 2006
$565 million software sale., August 14, 2006
... and it taketh away; Physicians, ASCs are big losers in proposed PP..., August 14, 2006
Consolidating resources; AmerisourceBergen deal will create No. 2 play..., August 14, 2006
The CMS giveth ... Specialty hospital developers celebrate end of ban., August 14, 2006

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.