Case | HBS Case Collection | 1988 (Revised from original version)

Hospital Corp. of America (A)

by W. Carl Kester

Abstract

HCAs ratio of debt to total capital is approaching 70%, jeopardizing its single-A bond rating. Students must determine an appropriate target debt ratio for HCA in light of its growth objectives, its acquisition strategy and its changing regulatory environment.

Citation:

Kester, W. Carl. "Hospital Corp. of America (A)." Harvard Business School Case 283-053, February 1988. (Revised from original January 1983 version.)