Financial Progress
Rationalized hospital portfolio
- Began with 47 hospitals that comprised the Pacific Group of HCA
- Over the past 2 years, sold, swapped or closed 20 facilities
Improved balance sheet and credit statistics through cashflows and divestitures
- Decreased leverage from 5.2x to 3.2x (Debt/EBITDA)
Improved operating performance
- Increased volumes, revenues, EBITDA and EPS
- Maintained highest standard of care
- Improved patient, physician and employee satisfaction
Positioned the Company for growth
- Purchased three facilities since October 2000
- Ready now to acquire Quorum
Triad has accomplished four strategic corporate financial goals in its first two years as an independent company: