HCA Healthcare

HCA Holdings
Nashville, Tennessee
Health Care Equipment and Services

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

HCA Healthcare is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. HCA Healthcare embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

HCA Healthcare received a score of 80 on the 2025 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity issues. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (1)(2). However, the company has not canceled customers, suppliers, or vendors based on political views or religious beliefs (3).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

HCA Healthcare’s HRC 2025 CEI rating indicates the company will not donate to non-religious charities unless they embrace controversial sexual identity policies (1)(2). The company will “not ordinarily support” churches unless they are consistent with its mission (3).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level
Rationale

HCA Healthcare‘s HRC 2025 CEI rating indicates the company provides gender transition guidelines for its employees and a specific benefits guide with a comprehensive explanation of transgender services funded by the company (1)(2). The company does not provide viewpoint protections for its employees (3). 

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

HCA Healthcare’s HRC 2025 CEI rating indicates the company agrees to allow a controversial stakeholder group focused on sexual identity issues to dictate marketing or advertising strategy. By doing so, the company risks dividing employees, alienating customers and harming shareholders (1)(2). Otherwise, there are no publicly known cases of the company using its reputation to advance ideological causes or policies (3).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

HCA Healthcare’s HRC 2025 CEI rating indicates the company covers transgender related costs for its employees and their children, including paid short-term leave, puberty blockers, cross-sex hormones, chest surgeries, genital surgeries, medical visits and lab monitoring, travel and lodging. Additionally, the company has pledged philanthropic support of at least one organization or event that promotes sex and gender ideology. By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders (1)(2). The company has donated to Planned Parenthood via its charitable foundation (3). HCA matches employee gifts to the BLM organization (4). Otherwise, there are no publicly known cases of the company using corporate funds to advance ideological causes, organizations, or policies (5).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level
Rationale

HCA Healtcare’s HRC 2025 CEI rating indicates the company publicly advocated for controversial sex and gender ideology through local, state or federal legislation or initiatives. By allowing a political stakeholder group to dictate operations, the company risks dividing employees, alienating customers and harming shareholders (1)(2). The company has not used its PAC donations or lobbying for ideological purposes (3)(4)(5).

Board Bias

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CEO of HCA Healthcare

Samuel N. Hazen

Samuel N. Hazen

Summary:

Headquartered in Nashville, Tennessee, HCA Healthcare is a member of the Fortune 250 operating in the Health Care Equipment and Services industry. Samuel N. Hazen and Thomas F. Frist III serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $569,300 to Republican causes and $397,437 to Democratic causes. Under their tenure, HCA Healthcare currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$569,300

$397,437

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/25/24United Church FundsReport on Risk Mitigation Regarding State Restrictions for Emergency AbortionsAgainstN/A
4/25/24Michael FrerichsReport on Patient Feedback Regarding Quality of CareAgainstN/A
4/25/24New York State Common Retirement FundReport on Maternal Health OutcomesAgainstN/A
4/19/23GovernanceJohn CheveddenImprove Discloser of Political SpendingAgainst23.50%
4/19/23SocialMichael FrerichsAmendment to Patient Safety and Quality of Care Committee CharterAgainst18.80%
4/21/22SocialJohn CheveddenReport on Political ContrabutionsAgainst31.59%
4/21/22SocialInt'l Brotherhood of TeamstersReport on Lobbying Payments and PolicyAgainst22.54%
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