HCA Healthcare Named as One of the 2024 World’s Most Ethical Companies by Ethisphere (2024)

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HCA Healthcare Named as One of the 2024 World’s Most Ethical Companies by Ethisphere (1)

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HCA Healthcare Named as One of the 2024 World’s Most Ethical Companies by Ethisphere

Recognition of commitment to business integrity through robust ethics, compliance and governance programs

HCA Healthcare, Inc. (NYSE:HCA), one of the nation’s leading healthcare providers, today announced that it has been recognized as one of the 2024 World’s Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. HCA Healthcare has been recognized 14 times and is one of only four honorees in the Healthcare Providers category this year.

“Being named as one of the World’s Most Ethical companies for the 14th time is a reflection of our commitment to the values on which HCA Healthcare was founded,” said Sam Hazen, CEO of HCA Healthcare. “We are proud of the culture we have built and will continue to strive to make a positive impact on our patients, colleagues and communities.”

Ethisphere’s World’s Most Ethical assessment is grounded in their Ethics Quotient, which requires companies to provide over 200 proof points on their culture of ethics, including environmental, social and governance practices, ethics and compliance program, diversity, equity and inclusion efforts and initiatives that support a strong value chain. That data then undergoes further qualitative analysis by Ethisphere. The process serves as a framework to capture and codify leading ethics and compliance practices from organizations across industries and from around the world.

“Our comprehensive, values-based ethics and compliance program encourages the highest standards of ethical conduct for our approximately 310,000 colleagues,” said Kathi Whalen, senior vice president and chief ethics and compliance officer at HCA Healthcare. “It is an honor to be recognized by Ethisphere year over year for our dedication to doing what is right.”

HCA Healthcare strives to make the communities where we live and work stronger. In 2023, colleagues logged more than 180,000 volunteer hours and gave $16.9 million in giving with HCA Healthcare matching. Additionally, the HCA Healthcare Hope Fund, a 501(c)3 public charity run by colleagues, for colleagues, surpassed $100 million in grants awarded since its founding in 2005.

HCA Healthcare strives to foster a culture of diversity and belief that excellence in healthcare starts with a foundation of inclusion, compassion and respect. As a part of that commitment:

  • HCA Healthcare maintains a Patient Advisory Group to help identify and address potential health disparities, as well as to develop strategies that advance health equity.
  • HCA Healthcare has hired more than 60,000 veterans, active-duty and reserve personnel and military spouses since 2012. In 2023, HCA Healthcare was again designated as a Best for Vets Employer by Military Times for the fourth consecutive year and was upgraded to a Gold distinction for veteran hiring practices by VIQTORY.
  • HCA Healthcare is committed to workplace inclusion and in 2023 earned a top score of 100 on the Disability Equality Index® (DEI) for the second consecutive year.
  • HCA Healthcare and its facilities are members of Practice Greenhealth, which seeks to provide sustainable healthcare solutions. Since 2002, HCA Healthcare has received 173 Practice Greenhealth awards.
  • HCA Healthcare has also announced approximately $7.42 million towards its $10 million commitment over three years to support Historically Black Colleges and Universities (HBCUs) and Hispanic Serving Institutions (HSIs) to invest in the next generation of healthcare leaders and help create a stronger, more inclusive healthcare system.

In 2023, HCA Healthcare and the HCA Healthcare Foundation gave more than $43 million to community organizations across the nation. The HCA Healthcare Foundation also continued to support the Healthier Tomorrow Fund, a community impact fund focused on addressing high-priority community needs and advancing health equity. Since its launch in 2021, the Fund has committed more than $19 million in communities where HCA Healthcare has a presence and made grants to 81 nonprofit organizations. Additionally, HCA Healthcare delivered charity care, uninsured discounts and other uncompensated care at an estimated cost of approximately $3.7 billion in 2023.

HCA Healthcare also aims to support the physical, mental, professional and financial health of its colleagues in multiple ways. HCA Healthcare is proud to invest in a variety of benefits and resources such as Nurse Care, a 24/7 free and confidential mental health program for the needs of HCA Healthcare hospital-based nurses, and the Wellbeing Hub, a one-stop website for support tools and resources.

“It’s always inspiring to recognize the World’s Most Ethical Companies. Through the rigorous review process, we see the dedication of these organizations to continually improving their ethics, compliance, and governance practices to the benefit of all stakeholders,” said Erica Salmon Byrne, Ethisphere’s chief strategy officer and executive chair. “Companies that elevate best-in-class cultures of ethics and integrity set a standard for corporate citizenship for their peers and competitors to follow. Congratulations to HCA Healthcare for achieving this honor and demonstrating that strong ethics is good business.”

In 2024, 136 honorees were recognized spanning 20 countries and 44 industries. The full list of the 2024 World’s Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.

About HCA Healthcare

Nashville-based HCA Healthcare is one of the nation’s leading providers of healthcare services comprising 186 hospitals and approximately 2,400 ambulatory sites of care, including surgery centers, freestanding ERs, urgent care centers, and physician clinics, in 20 states and the United Kingdom. With its founding in 1968, HCA Healthcare created a new model for hospital care in the United States, using combined resources to strengthen hospitals, deliver patient-focused care and improve the practice of medicine. HCA Healthcare has conducted a number of clinical studies, including one that demonstrated that full-term delivery is healthier than early elective delivery of babies and another that identified a clinical protocol that can reduce bloodstream infections in ICU patients by 44%. HCA Healthcare is a learning health system that uses its more than 43 million annual patient encounters to advance science, improve patient care and save lives.

All references to “Company,” “HCA” and “HCA Healthcare” as used throughout this document refer to HCA Healthcare, Inc. and its affiliates.

HCA Healthcare Named as One of the 2024 World’s Most Ethical Companies by Ethisphere (2)

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Frank Morgan
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HCA Healthcare Named as One of the 2024 World’s Most Ethical Companies by Ethisphere (2024)

FAQs

HCA Healthcare Named as One of the 2024 World’s Most Ethical Companies by Ethisphere? ›

NASHVILLE--(BUSINESS WIRE)-- HCA Healthcare, Inc. (NYSE:HCA), one of the nation's leading healthcare providers, today announced that it has been recognized as one of the 2024 World's Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

What is the controversy with HCA Healthcare? ›

The plaintiffs first sued in 2022, alleging HCA and its Mission Health system held an unlawful monopoly over general acute care, which includes diagnostic and treatment services at hospitals, and outpatient services.

What are the most ethical medical companies? ›

The 'Most Ethical' healthcare companies
  • Blue Shield of California.
  • Cambia Health Solutions.
  • CareFirst BlueCross BlueShield.
  • Health Care Service Corporation.
Mar 6, 2024

How does Ethisphere rank companies? ›

We evaluate an organization's (i) Ethics and Compliance Program, (ii) Culture of Ethics, (iii) Corporate Citizenship and Responsibility, (iv) Governance, and (v) Leadership and Reputation.

Why do people not like HCA hospitals? ›

It's not uncommon for a patient to fall out of their bed at an HCA hospital because there isn't a nurse available to help them get to the bathroom, she said. Patients also often have to wait much longer than they should to receive their medication because nurses aren't available to administer it, Mendez explained.

What was the HCA scandal? ›

HCA admitted to a long list of charges, including submitting inflated bills and expenses to the government for payment; exaggerating the seriousness of diagnoses to increase Medicare reimbursem*nt; illegally structuring business deals so that Medicare picked up the cost of corporate expenses; and providing doctors with ...

What is the lawsuit against HCA? ›

The lawsuit asserts that HCA Healthcare and Mission Health have restricted competition in their respective health care markets, substantially and artificially inflating health care prices paid by plaintiffs and the proposed class member health plans.

Who is the most trusted healthcare professional? ›

Nurses remain the most trusted profession, with 78% of U.S. adults currently believing nurses have high honesty and ethical standards.

What is the most trusted brand in healthcare? ›

According to Monigle, the 10 most-trusted healthcare brands are:
  • Mayo Clinic.
  • Johns Hopkins Medicine.
  • Houston Methodist.
  • Emory Healthcare.
  • UCLA Health.
  • Cedars-Sinai.
  • UAB Medicine.
  • Memorial Hermann.
May 14, 2024

What is the least ethical company? ›

The top ten least ethical companies as voted for by Ethical Consumer readers were:
  • Nestlé
  • Monsanto.
  • Amazon.
  • Shell.
  • Tesco.
  • Barclays.
  • Exxon.
  • Wal Mart (former owner of Asda)
Apr 17, 2024

How does Ethisphere make money? ›

Ethisphere receives revenue from our membership group, a broad range of solutions and advisory services, licenses, conferences, and sponsorships. No company that is honored with the World's Most Ethical Companies designation is responsible for more than 0.86% of Ethisphere's revenue.

Who funds Ethisphere? ›

Who are Ethisphere's investors? Alpine Investors has invested in Ethisphere.

What is the #1 ranked company? ›

After a strong start to 2024, Microsoft (NASDAQ:MSFT) is the most valuable company in the world. It passed longtime rival Apple (NASDAQ:AAPL) in January and became just the second company to reach a market capitalization of $3 trillion.

What is the controversy with HCA hospitals? ›

SEIU, the largest healthcare workers union in the U.S., is accusing for-profit hospital giant HCA of inappropriately transferring patients to hospice centers to reduce its mortality rate, thereby boosting profits and executive compensation.

Why did HCA drop? ›

Shares of HCA Healthcare HCA, -2.27% fell 6.5% in early trading Tuesday, after the hospital operator said staffing costs weighed on third-quarter results and reported profit that missed analysts' expectations.

Who is HCA biggest competitor? ›

The main competitors of HCA Healthcare include Alcon (ALC), Tenet Healthcare (THC), Universal Health Services (UHS), Encompass Health (EHC), The Ensign Group (ENSG), Acadia Healthcare (ACHC), Select Medical (SEM), U.S. Physical Therapy (USPH), Brookdale Senior Living (BKD), and Petco Health and Wellness (WOOF).

Is HCA Healthcare an ethical company? ›

HCA Healthcare Named as One of the 2024 World's Most Ethical Companies by Ethisphere.

What are the HCA Florida allegations? ›

In February, NBC News reported physicians' allegations of unsanitary and unsafe conditions at 320-bed HCA Florida Bayonet Point Hospital in Hudson, Fla. Four physicians told the news outlet that care quality worsened since 2021, when HCA allegedly reduced staff and hired contract workers at the hospital.

What are HCA complications? ›

Complications of HCA include hemorrhage and malignant transformation. The risk of hemorrhage is greatest in HCAs with a diameter of at least 5 cm as well as with exophytic growth.

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