Long-Term Sustainability of Merger and Acquisitions as a Growth Driver: A Case Study of Hospital Corporation of America
Long-Term Sustainability of Merger and Acquisitions as a Growth Driver: A Case Study of Hospital Corporation of America
dc.contributor.author | Goen, Abrial | |
dc.date.accessioned | 2019-08-09T13:20:25Z | |
dc.date.available | 2019-08-09T13:20:25Z | |
dc.date.issued | 2019-04-24 | |
dc.description | 1 All financial data concerning HCA from public 10-K SEC filings unless otherwise stated | en_US |
dc.description.abstract | Hospital Corporation of America (HCA) is well-known in the healthcare industry as being a giant in the hospital management sector. HCA’s current growth driver, mergers and acquisitions (M&A), was examined in order to determine whether the current growth strategy is sustainable. By measuring various financial metrics related to growth, finding the correlation to metrics relating to M&A activity, and considering qualitative evidence, analysis shows HCA's M&A activity has driven significant business growth for the firm. After calculating a suite of financial ratios intended to measure the financial health and sustainability of firms, it was determined that HCA's current growth strategy cannot be continued indefinitely on a sustainable basis, nor does is maximize shareholder value. Continued reliance on M&A activity for business growth is not sustainable for HCA, as found through the establishment of HCA's current growth strategy, and examination of the effects of this strategy financially.1 | en_US |
dc.identifier.uri | http://jewlscholar.mtsu.edu/xmlui/handle/mtsu/6026 | |
dc.language.iso | en_US | en_US |
dc.publisher | University Honors College, Middle Tennessee State University | en_US |
dc.subject | Hospital Corporation of America | en_US |
dc.subject | merger and acquisition | en_US |
dc.subject | sustainability | en_US |
dc.subject | growth drivers | en_US |
dc.subject | HCA | en_US |
dc.subject | M+A | en_US |
dc.title | Long-Term Sustainability of Merger and Acquisitions as a Growth Driver: A Case Study of Hospital Corporation of America | en_US |
dc.type | Thesis | en_US |
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