HCA Holdings 2011 Annual Report Download - page 56

Download and view the complete annual report

Please find page 56 of the 2011 HCA Holdings annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 159

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159

Item 2. Properties
The following table lists, by state, the number of hospitals (general, acute care, psychiatric and
rehabilitation) directly or indirectly owned and operated by us as of December 31, 2011:
State Hospitals Beds
Alaska ........................................................... 1 250
California ......................................................... 5 1,617
Colorado ......................................................... 7 2,259
Florida ........................................................... 39 10,335
Georgia .......................................................... 9 1,588
Idaho ............................................................ 2 480
Indiana ........................................................... 1 278
Kansas ........................................................... 4 1,286
Kentucky ......................................................... 2 384
Louisiana ......................................................... 6 1,264
Mississippi ........................................................ 1 130
Missouri .......................................................... 6 1,055
Nevada ........................................................... 3 1,092
New Hampshire .................................................... 2 295
Oklahoma ........................................................ 2 784
South Carolina ..................................................... 3 748
Tennessee ........................................................ 12 2,327
Texas ............................................................ 36 10,619
Utah ............................................................. 6 901
Virginia .......................................................... 10 3,074
International
England .......................................................... 6 828
163 41,594
In addition to the hospitals listed in the above table, we directly or indirectly operate 108 freestanding
surgery centers. We also operate medical office buildings in conjunction with some of our hospitals. These office
buildings are primarily occupied by physicians who practice at our hospitals. Fourteen of our general, acute care
hospitals and three of our other properties have been mortgaged to support our obligations under our senior
secured cash flow credit facility and first lien secured notes. These three other properties are also subject to
second mortgages to support our obligations under our second lien secured notes.
We maintain our headquarters in approximately 1,300,000 square feet of space in the Nashville, Tennessee
area. In addition to the headquarters in Nashville, we maintain regional service centers related to our shared
services initiatives. These service centers are located in markets in which we operate hospitals.
We believe our headquarters, hospitals and other facilities are suitable for their respective uses and are, in
general, adequate for our present needs. Our properties are subject to various federal, state and local statutes and
ordinances regulating their operation. Management does not believe that compliance with such statutes and
ordinances will materially affect our financial position or results of operations.
Item 3. Legal Proceedings
We operate in a highly regulated and litigious industry. As a result, various lawsuits, claims and legal and
regulatory proceedings have been and can be expected to be instituted or asserted against us. The resolution of
any such lawsuits, claims or legal and regulatory proceedings could materially and adversely affect our results of
operations and financial position in a given period.
53