HCA, LifePoint ready bonds.

The article reports on the plan of hospital operators Hospital Corp. of America (HCA) and LifePoint Hospitals to take advantage of the good economic environment for U.S. investor-owned hospital chains and credit markets. It notes that both firms intend to lengthen their debt maturities while LifePoint also plans to increase borrowing capacity. Jeff Villwock of Genesis Capital states that the reimbursements of hospital operators tend to grow faster than costs. It mentions that one billion dollars worth of new senior secured notes will be offered by HCA.