A Giant Hospital Chain Is Blazing a Profit Trail

During the Great Recession, when many hospitals across the country were nearly brought to their knees by growing numbers of uninsured patients, one hospital system not only survived — it thrived.

HCA

In fact, profits at the health care industry giant , which controls 163 hospitals from New Hampshire to California, have soared, far outpacing those of most of its competitors.

private equity

Bain Capital

The big winners have been three firms — including , co-founded by Mitt Romney, the Republican presidential candidate — that bought HCA in late 2006.

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Source: The New York Times