HCA Healthcare Faces Rising Hurricane Risk Despite Insurance, Threatening Operations and Earnings
Hca Healthcare (HCA) has disclosed a new risk, in the Natural and Human Disruptions category.
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Hca Healthcare is exposed to operational and financial disruption from hurricanes and other natural disasters affecting its coastal facilities, including in Florida and Texas, with potential impacts ranging from temporary patient volume declines and facility closures to supply chain interruptions and IT outages. While it carries significant property and business interruption insurance, coverage limits, deductibles and the possibility of higher event frequency mean that severe storms could still cause uninsured or uninsurable losses and materially pressure future results.
Overall, Wall Street has a Moderate Buy consensus rating on HCA stock based on 10 Buys, 1 Sell and 4 Holds.
To learn more about Hca Healthcare’s risk factors, click here.
