Inside these posts: For-profit hospitals

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Popular IPO values HCA at $30-$31 a share

The initial public offering of HCA, the biggest U.S. for-profit hospital chain, is well oversubscribed and could price above the proposed range Wednesday, sources familiar with the situation said.

Although analysts warn of long-term risks related to HCA’s big debt and uncertainties surrounding U.S. health care reform, investor interest in the shares dwarfs the deal’s size, the sources said. Get the full story »