HCA Holdings, Inc. elected Ann Huntress Lamont, Managing Partner of Oak Investment Partners, to the board, effective immediately. Ms. Lamont will also serve as a member of the company's Compensation Committee and Nominating and Corporate Governance Committee. Messrs. Michael W. Michelson and Stephen G. Pagliuca have resigned from membership on the company's Nominating and Corporate Governance Committee effective upon the appointment of Ms. Lamont to the committee.

HCA Holdings, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, revenues were $8,440 million against $8,405 million for the same period a year ago. Income before income taxes was $639 million against $963 million for the same period a year ago. Net income attributable to HCA Holdings, Inc. was $344 million against $540 million for the same period a year ago. Diluted earnings per share were $0.74 against $1.18 for the same period a year ago. Adjusted EBITDA was $1,568 million against $1,823 million for the same period a year ago. Net cash provided by operating activities was $740 million against $797 million for the same period a year ago. The $57 million decline in cash flows from operating activities related primarily to the net impact of the $201 million decline in net income and the offsetting $50 million benefit from changes in working capital items and $50 million benefit from income taxes in the first quarter of 2013 compared to the first quarter of 2012. Purchase of property and equipment was $404 million against $335 million for the same period a year ago. Acquisition of hospitals and health care entities was $22 million against $112 million for the same period a year ago. The company reaffirmed its previously issued guidance ranges for 2013.

HCA Holdings, Inc., Q1 2013 Earnings Call, May 02, 2013