EXHIBIT 99.1

HCA news
- --------------------------------------------------------------------------------
FOR IMMEDIATE RELEASE
INVESTOR CONTACT: MEDIA CONTACT:
Mark Kimbrough Jeff Prescott
615-344-2688 615-344-5708

HCA REPORTS SECOND QUARTER 2006 RESULTS

Nashville, Tenn., July 24, 2006 -- HCA (NYSE: HCA) today announced results for
the quarter ended June 30, 2006. Net income for the second quarter of 2006
totaled $295 million, or $0.72 per diluted share, compared to $405 million, or
$0.90 per diluted share, in the second quarter of 2005. Results for the second
quarter of 2006 include gains on sales of facilities of $5 million, or $0.01 per
diluted share. Results for the second quarter of 2005 include a favorable tax
settlement of $48 million, or $0.11 per diluted share, recognition of a
previously deferred gain on the sale of certain medical office buildings of $29
million, or $0.04 per diluted share, and additional depreciation expense of $30
million, or $0.04 per diluted share, to correct accumulated depreciation and
assure a consistent application of our accounting policies relative to certain
short-lived medical equipment.

Second quarter 2006 results reflect a reduction in the Company's estimated
professional liability reserves of $85 million, or $0.13 per diluted share,
compared to a $36 million reduction, or $0.05 per diluted share, recorded in the
second quarter of 2005. The amounts of the changes to the estimated professional
liability reserves were determined based upon independent actuarial analyses,
which noted favorable claim and payment trends, the adoption of state tort
reform and benefits resulting from the Company's patient safety programs in both
review periods.

Second quarter 2006 results also include additional compensation costs of $10
million, or $0.02 per diluted share, due to the expensing of stock options and
employee stock purchase plan shares associated with the January 1, 2006 adoption
of FASB Statement 123 (R), "Share-Based Payment."

Revenues in the second quarter of 2006 totaled $6.4 billion compared to $6.1
billion in the second quarter of 2005. Same facility revenues increased 6.0
percent compared to the second quarter of 2005. Same facility revenue per
equivalent admission increased 5.8 percent in the second quarter of 2006 (6.9
percent increase when adjusted for uninsured discounts) compared to the second
quarter of 2005.

Same facility admissions increased 0.5 percent in the second quarter of 2006
compared to the prior year's second quarter. Same facility equivalent
admissions, which take into consideration outpatient volumes, increased 0.1
percent compared to the second quarter of 2005. Same facility outpatient
surgical cases declined 2.1 percent, due to a decrease of 3.2 percent in
hospital based outpatient surgeries, while freestanding ambulatory surgical
cases were unchanged year over year.

The provision for doubtful accounts in the second quarter of 2006 totaled $677
million, or 10.6 percent of revenues, compared to $541 million, or 8.9 percent
of revenues, in the prior year. Adjusted to reflect uninsured discounts, the
provision for doubtful accounts totaled $935 million, or 14.1 percent of
revenues, in the second quarter of 2006, compared to $725 million, or 11.6
percent of revenues, in the second quarter of 2005. The estimated allowance for
doubtful accounts was increased by $32 million in the second quarter of 2006
based upon results of the quarterly receivables analyses, which reflected
increased uncollectibility of self pay receivables.

Uninsured discounts in the second quarters of 2006 and 2005 were $258 million
and $184 million, respectively. HCA's uninsured discount policy, which became
effective in the first quarter of 2005, lowers revenues and the provision for
doubtful accounts by generally corresponding amounts. Charity care totaled $350
million in the second quarter of 2006, compared to $275 million in the previous
year's second quarter. Same facility uninsured admissions, which include charity
patients, increased by 2,109 admissions, or 10.5 percent, in the second quarter
of 2006 compared to the same period of 2005.

Effective July 1, 2006, HCA sold four hospitals (three in West Virginia and one
in Virginia) to LifePoint Hospitals, Inc. for $256 million. If certain
conditions are satisfied, the Company estimates a pretax gain of approximately
$93 million, or $0.13 per diluted share, will be realized on the sale of the
four hospitals. Certificates of Need ("CONs") were required for the sale of the
three West Virginia hospitals included in the transaction. Because filings
seeking the revocation of the CONs were pending at the time of the closing, HCA
and LifePoint have agreed that under certain circumstances, LifePoint may
require HCA to repurchase the three West Virginia Hospitals. Generally, those
circumstances require a final and nonappealable order revoking the CONs or an
order requiring LifePoint to divest the hospitals or cease operations. In the
event of such a repurchase, the repurchase price would be based upon the
original purchase price and adjusted for working capital changes, capital
expenditures and other items. Due to the CON proceedings and the repurchase
provision, HCA will defer the recognition of the gain related to the three West
Virginia hospitals of approximately $61 million pretax until the CON appeals are
resolved. A gain of approximately $32 million pretax on the sale of the hospital
located in Virginia is expected to be recognized in the third quarter of 2006.

Revenues for the six months ended June 30, 2006 were $12.8 billion compared to
$12.3 billion for the first six months of 2005. Net income totaled $674 million,
or $1.64 per diluted share, for the six months ended June 30, 2006, compared to
$819 million, or $1.84 per diluted share, for the six months of 2005.

CASH FLOW AND BALANCE SHEET

HCA's cash flow from operations totaled $406 million in the second quarter of
2006 compared to $839 million in the second quarter of 2005. Cash flow from
operations during the second quarter of 2006 was negatively affected by the
combined impact of lower net income and an increase of $259 million in income
tax payments, compared to the second quarter of 2005.

As of June 30, 2006, HCA's balance sheet reflected total debt of $11.7 billion,
stockholders' equity (including common and minority equity) of $5.7 billion and
total assets of $23.1 billion. HCA's ratio of debt to debt plus common and
minority equity was 67.1 percent at June 30, 2006, compared to 64.8 percent at
December 31, 2005.

HCA had 409.2 million common shares outstanding at June 30, 2006, compared to
417.5 million shares at December 31, 2005.

2006 EARNINGS GUIDANCE

Effective with today's announcement, HCA is withdrawing its previous earnings
guidance for 2006.

PROPOSED MERGER

The Company also announced today the execution of a definitive merger agreement
under which an acquiring consortium led by Bain Capital, Kohlberg Kravis Roberts
& Co. and Merrill Lynch Global Private Equity, along with HCA founder, Dr.
Thomas F. Frist, Jr. and certain members of his family, pursuant to which HCA
shareholders will receive $51.00 per share in cash for each share of HCA common
stock they hold. The transaction is subject to receipt of stockholder approval
and customary regulatory approvals as well as satisfaction of other customary
closing conditions. The transaction is expected to close in the fourth quarter
of 2006.

IMPORTANT ADDITIONAL INFORMATION REGARDING THE MERGER WILL BE FILED WITH THE SEC

In connection with the proposed merger, HCA will file a proxy statement with the
Securities and Exchange Commission. INVESTORS AND SECURITY HOLDERS ARE ADVISED
TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE, BECAUSE IT WILL CONTAIN
IMPORTANT INFORMATION ABOUT THE MERGER AND THE PARTIES THERETO. Investors and
security holders may obtain a free copy of the proxy statement (when available)
and other documents filed by HCA at the Securities and Exchange Commission's web
site at http://www.sec.gov. The proxy statement and such other documents may
also be obtained for free from HCA by directing such request to HCA Inc., Office
of Investor Relations, One Park Plaza, Nashville, Tennessee 37203, telephone:
(615) 344-2068.

HCA and its directors, executive officers and other members of its management
and employees may be deemed to be participants in the solicitation of proxies
from its stockholders in connection with the proposed merger. Information
concerning the interests of HCA's participants in the solicitation, which may be
different than those of HCA stockholders generally, is set forth in HCA's proxy
statements and Annual Reports on Form 10-K, previously filed with the Securities
and Exchange Commission, and in the proxy statement relating to the merger when
it becomes available.

Due to the announced merger agreement this morning, the Company will not hold a
conference call or webcast regarding its second quarter results.

####

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements based on current
management expectations. Those forward-looking statements include all statements
other than those made solely with respect to historical facts. Numerous risks,
uncertainties and other factors may cause actual results to differ materially
from those expressed in any forward-looking statements. These factors include,
but are not limited to, (1) the occurrence of any event, change or other
circumstances that could give rise to the termination of the merger agreement;
(2) the outcome of any legal proceedings that may be instituted against the
Company and others following announcement of the merger agreement; (3) the
inability to complete the merger due to the failure to obtain stockholder
approval or the failure to satisfy other conditions to completion of the merger,
including the receipt of necessary approvals under applicable antitrust laws and
other relevant regulatory authorities; (4) the failure to obtain the necessary
debt financing arrangements set forth in commitment letters received in
connection with the merger; (5) risks that the proposed transaction disrupts
current plans and operations and the potential difficulties in employee
retention as a result of the merger; (6) the ability to recognize the benefits
of the merger; (7) the amount of the costs, fees, expenses and charges related
to the merger and the actual terms of certain financings that will be obtained
for the merger; (8) the impact of the substantial indebtedness incurred to
finance the consummation of the merger, (9) increases in the amount and risk of
collectibility of uninsured accounts, and deductibles and copayment amounts for
insured accounts, (10) the ability to achieve operating and financial targets,
attain expected levels of patient volumes and control the costs of providing
services, (11) possible changes in the Medicare, Medicaid and other state
programs that may impact reimbursements to health care providers and insurers,
(12) the highly competitive nature of the health care business, (13) changes in
revenue mix and the ability to enter into and renew managed care provider
agreements on acceptable terms, (14) the efforts of insurers, health care
providers and others to contain health care costs, (15) the impact of our
charity care and uninsured discounting policies, (16) the outcome of our
continuing efforts to monitor, maintain and comply with appropriate laws,
regulations, policies and procedures and our corporate integrity agreement with
the government, (17) changes in federal, state or local regulations affecting
the health care industry, (18) delays in receiving payments for services
provided, (19) the ability to attract and retain qualified management and
personnel, including

affiliated physicians, nurses and medical support personnel, (20) the outcome of
governmental investigations by the United States Attorney for the Southern
District of New York and the Securities and Exchange Commission (the "SEC"),
(21) the outcome of certain class action and derivative litigation filed with
respect to us, (22) the possible enactment of federal or state health care
reform, (23) the increased leverage resulting from the financing of our share
repurchase program, (24) the availability and terms of capital to fund the
expansion of our business, (25) the continuing impact of hurricanes on our
facilities, the ability to obtain recoveries under our insurance policies, and
the ability to secure adequate insurance coverage in future periods, (26) the
resolution of the CON appeal with respect to the three West Virginia hospitals
sold to LifePoint, (27) fluctuations in the market value of our common stock,
(28) changes in accounting practices, (29) changes in general economic
conditions, (30) future divestitures which may result in charges, (31) changes
in business strategy or development plans, (32) the outcome of pending and any
future tax audits, appeals and litigation associated with our tax positions,
(33) potential liabilities and other claims that may be asserted against us,
(34) the ability to develop and implement the payroll and human resources
information systems within the expected time and cost projections and, upon
implementation, to realize the expected benefits and efficiencies, and (35)
other risk factors described in our Annual Report on Form 10-K and other filings
with the SEC. Many of the factors that will determine our future results are
beyond our ability to control or predict. In light of the significant
uncertainties inherent in the forward-looking statements contained herein,
readers should not place undue reliance on forward-looking statements, which
reflect management's views only as of the date hereof. We undertake no
obligation to revise or update any forward-looking statements, or to make any
other forward-looking statements, whether as a result of new information, future
events or otherwise.

HCA INC.
CONSOLIDATED INCOME STATEMENTS
SECOND QUARTER
(DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS)

2006 2005
---------------------- ----------------------
AMOUNT RATIO AMOUNT RATIO
--------- ----- --------- -----

Revenues.................................................. $ 6,360 100.0% $ 6,070 100.0%

Salaries and benefits..................................... 2,605 41.0 2,463 40.6
Supplies.................................................. 1,091 17.2 1,042 17.2
Other operating expenses.................................. 995 15.6 981 16.2
Provision for doubtful accounts........................... 677 10.6 541 8.9
Gains on investments...................................... (25) (0.4) (22) (0.4)
Equity in earnings of affiliates.......................... (47) (0.7) (53) (0.9)
Depreciation and amortization............................. 352 5.5 364 6.0
Interest expense.......................................... 196 3.1 165 2.7
Gains on sales of facilities.............................. (5) (0.1) (29) (0.5)
---------------------- ----------------------

5,839 91.8 5,452 89.8
---------------------- ----------------------

Income before minority interests and income taxes......... 521 8.2 618 10.2

Minority interests in earnings of consolidated entities... 46 0.7 49 0.8
---------------------- ----------------------

Income before income taxes................................ 475 7.5 569 9.4

Provision for income taxes................................ 180 2.9 164 2.7
---------------------- ----------------------

Net income........................................... $ 295 4.6 $ 405 6.7
====================== ======================

Diluted earnings per share................................ $ 0.72 $ 0.90

Shares used in computing diluted earnings per
share (000)............................................ 408,202 451,731

HCA INC.
CONSOLIDATED INCOME STATEMENTS
FOR THE SIX MONTHS ENDED JUNE 30, 2006 AND 2005
(DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS)

2006 2005
---------------------- ----------------------
AMOUNT RATIO AMOUNT RATIO
--------- ----- --------- -----

Revenues.................................................. $ 12,775 100.0% $ 12,252 100.0%

Salaries and benefits..................................... 5,216 40.8 4,906 40.0
Supplies.................................................. 2,205 17.3 2,093 17.1
Other operating expenses.................................. 2,032 15.8 1,953 15.9
Provision for doubtful accounts........................... 1,273 10.0 1,115 9.1
Gains on investments...................................... (100) (0.8) (31) (0.2)
Equity in earnings of affiliates.......................... (108) (0.8) (106) (0.9)
Depreciation and amortization............................. 697 5.4 701 5.7
Interest expense.......................................... 382 3.0 329 2.7
Gains on sales of facilities.............................. (5) -- (29) (0.2)
---------------------- ----------------------

11,592 90.7 10,931 89.2
---------------------- ----------------------

Income before minority interests and income taxes......... 1,183 9.3 1,321 10.8

Minority interests in earnings of consolidated entities... 101 0.8 89 0.7
---------------------- -----------------------

Income before income taxes................................ 1,082 8.5 1,232 10.1

Provision for income taxes................................ 408 3.2 413 3.4
---------------------- ----------------------

Net income........................................... $ 674 5.3 $ 819 6.7
====================== ======================

Diluted earnings per share................................ $ 1.64 $ 1.84

Shares used in computing diluted earnings per
share (000)............................................ 409,731 443,739

HCA INC.
SUPPLEMENTAL OPERATING RESULTS SUMMARY
(DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS)

FOR THE SIX MONTHS
SECOND QUARTER ENDED JUNE 30,
---------------------- ----------------------
2006 2005 2006 2005
---- ---- ---- ----

Revenues.................................................. $ 6,360 $ 6,070 $ 12,775 $ 12,252

Net income................................................ $ 295 $ 405 $ 674 $ 819
Gains on sales of facilities (net of tax)............ (4) (18) (4) (18)
Tax settlement....................................... -- (48) -- (48)
--------- --------- --------- ---------

Net income, excluding gains on sales of facilities and
tax settlement ......................................... 291 339 670 753
Depreciation and amortization........................ 352 364 697 701
Interest expense..................................... 196 165 382 329
Minority interests in earnings of consolidated entities 46 49 101 89
Provision for income taxes........................... 179 201 407 450
--------- --------- --------- ---------

Adjusted EBITDA (a).................................. $ 1,064 $ 1,118 $ 2,257 $ 2,322
========= ========= ========= =========

Diluted earnings per share:
Net income........................................... $ 0.72 $ 0.90 $ 1.64 $ 1.84
Gains on sales of facilities......................... (0.01) (0.04) (0.01) (0.04)
Tax settlement....................................... -- (0.11) -- (0.11)
--------- --------- --------- --------
Net income, excluding gains on sales of facilities
and tax settlement (a)........................ $ 0.71 $ 0.75 $ 1.63 $ 1.69
========= ========= ========= ========

Shares used in computing diluted earnings per
share (000) .................................. 408,202 451,731 409,731 443,739

- ---------------------

(a) Net income, excluding gains on sales of facilities and tax settlement and
adjusted EBITDA are non-GAAP financial measures. We believe that net
income, excluding, gains on sales of facilities and tax settlement and
adjusted EBITDA are important measures that supplement discussions and
analysis of the Company's results of operations. We believe that it is
useful to investors to provide disclosures of our results of operations on
the same basis as that used by management. Management relies upon net
income, excluding gains on sales of facilities and tax settlement and
adjusted EBITDA as the primary measures to review and assess operating
performance of its hospital facilities and their management teams.

Management and investors review both the overall performance (including;
net income, excluding gains on sales of facilities and tax settlement, GAAP
net income and GAAP EPS) and operating performance of our health care
facilities (adjusted EBITDA). Adjusted EBITDA and the adjusted EBITDA
margin (adjusted EBITDA divided by revenues) are utilized by management and
investors to compare our current operating results with the corresponding
periods during the previous year and to compare our operating results with
other companies in the health care industry. We recorded gains on sales of
facilities during the second quarters of 2006 and 2005 and a tax settlement
during the second quarter of 2005. It is reasonable to expect that gains on
sales of facilities and tax settlements will occur in future periods, but
the amounts recognized for these items can vary significantly from quarter
to quarter, do not directly relate to the ongoing operations of our health
care facilities and complicate quarterly comparisons of our results of
operations and operations comparisons with other health care companies.

Net income, excluding gains on sales of facilities and tax settlement and
adjusted EBITDA are not measures of financial performance under accounting
principles generally accepted in the United States, and should not be
considered as alternatives to net income as a measure of operating
performance or cash flows from operating, investing and financing
activities as a measure of liquidity. Because net income, excluding gains
on sales of facilities and tax settlement and adjusted EBITDA are not
measurements determined in accordance with generally accepted accounting
principles and are susceptible to varying calculations, net income,
excluding gains on sales of facilities and tax settlement and adjusted
EBITDA, as presented, may not be comparable to other similarly titled
measures presented by other companies.

HCA INC.
SUPPLEMENTAL NON-GAAP DISCLOSURES
OPERATING MEASURES ADJUSTED FOR THE IMPACT OF DISCOUNTS FOR THE UNINSURED
SECOND QUARTER 2006
(DOLLARS IN MILLIONS, EXCEPT REVENUE PER EQUIVALENT ADMISSION)

NON-
UNINSURED NON-GAAP GAAP % GAAP %
GAAP DISCOUNTS ADJUSTED OF ADJUSTED
AMOUNTS ADJUSTMENT(a) AMOUNTS(b) REVENUES REVENUES
--------- ------------- ---------- ------------ -------------
2006 2005 2006 2005
---- ---- ---- ----

CONSOLIDATED:
Revenues......................... $ 6,360 $ 258 $ 6,618 100.0% 100.0% 100.0% 100.0%

Salaries and benefits............ 2,605 -- 2,605 41.0% 40.6% 39.4% 39.4%
Supplies......................... 1,091 -- 1,091 17.2% 17.2% 16.5% 16.7%
Other operating expenses......... 995 -- 995 15.6% 16.2% 15.0% 15.5%
Provision for doubtful accounts.. 677 258 935 10.6% 8.9% 14.1% 11.6%

Admissions....................... 402,900 402,900
Equivalent admissions............ 609,900 609,900
Revenue per equivalent admission. $ 10,429 $ 10,852
% change from prior year......... 6.5% 7.5%

SAME FACILITY:
Revenues......................... $ 6,221 $ 257 $ 6,478
Admissions....................... 398,700 398,700
Equivalent admissions............ 600,500 600,500
Revenue per equivalent admission. $ 10,360 $ 10,788
% change from prior year......... 5.8% 6.9%

(a) Represents the impact of the discounts for the uninsured for the
period. On January 1, 2005, we modified our policies to provide
discounts to uninsured patients who do not qualify for Medicaid or
charity care. These discounts are similar to those provided to many
local managed care plans. In implementing the discount policy, we first
attempt to qualify uninsured patients for Medicaid, other federal or
state assistance or charity care. If an uninsured patient does not
qualify for these programs, the uninsured discount is applied. On a
consolidated basis, we recorded $258 million and $184 million of
uninsured discounts during the second quarters of 2006 and 2005,
respectively.

(b) Revenues, the provision for doubtful accounts, certain operating
expense categories as a percentage of revenues and revenue per
equivalent admission have been adjusted to exclude the discounts under
our uninsured discount policy (non-GAAP financial measures). We believe
these non-GAAP financial measures are useful to investors to provide
disclosures of our results of operations on the same basis as that used
by management. Management uses this information to compare revenues,
the provision for doubtful accounts, certain operating expense
categories as a percentage of revenues and revenue per equivalent
admission, adjusted for the impact of the uninsured discount policy.
Management finds this information to be useful to enable the evaluation
of revenue and certain expense category trends that are influenced by
patient volumes and are generally analyzed as a percentage of net
revenues. These non-GAAP financial measures should not be considered an
alternative to GAAP financial measures. We believe this supplemental
information provides management and the users of its financial
statements with useful information for period-to-period comparisons.
Investors are encouraged to use GAAP measures when evaluating our
overall financial performance.

HCA INC.
SUPPLEMENTAL NON-GAAP DISCLOSURES
OPERATING MEASURES ADJUSTED FOR THE IMPACT OF DISCOUNTS FOR THE UNINSURED
SIX MONTHS ENDED JUNE 30, 2006
(DOLLARS IN MILLIONS, EXCEPT REVENUE PER EQUIVALENT ADMISSION)

CONSOLIDATED:
Revenues......................... $ 12,775 $ 514 $ 13,289 100.0% 100.0% 100.0% 100.0%

Salaries and benefits............ 5,216 -- 5,216 40.8% 40.0% 39.3% 39.1%
Supplies......................... 2,205 -- 2,205 17.3% 17.1% 16.6% 16.7%
Other operating expenses......... 2,032 -- 2,032 15.8% 15.9% 15.3% 15.5%
Provision for doubtful accounts.. 1,273 514 1,787 10.0% 9.1% 13.4% 11.2%

Admissions....................... 823,900 823,900
Equivalent admissions............ 1,235,900 1,235,900
Revenue per equivalent admission. $ 10,336 $ 10,752
% change from prior year......... 6.0% 7.7%

SAME FACILITY:
Revenues......................... $ 12,514 $ 512 $ 13,026
Admissions....................... 817,400 817,400
Equivalent admissions............ 1,219,600 1,219,600
Revenue per equivalent admission. $ 10,261 $ 10,680
% change from prior year......... 5.4% 7.1%

(a) Represents the impact of the discounts for the uninsured for the
period. On January 1, 2005, we modified our policies to provide
discounts to uninsured patients who do not qualify for Medicaid or
charity care. These discounts are similar to those provided to many
local managed care plans. In implementing the discount policy, we first
attempt to qualify uninsured patients for Medicaid, other federal or
state assistance or charity care. If an uninsured patient does not
qualify for these programs, the uninsured discount is applied. On a
consolidated basis, we recorded $514 million and $293 million of
uninsured discounts during the six months ended June 30, 2006 and 2005,
respectively.

HCA INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(DOLLARS IN MILLIONS)

JUNE 30, MARCH 31, DECEMBER 31,
2006 2006 2005
--------- --------- -----------

ASSETS
Current assets:
Cash and cash equivalents...................................... $ 736 $ 453 $ 336
Accounts receivable, net....................................... 3,414 3,491 3,332
Inventories.................................................... 646 624 616
Deferred income taxes.......................................... 552 535 372
Other.......................................................... 570 567 559
--------- --------- -----------

Total current assets....................................... 5,918 5,670 5,215

Property and equipment, at cost................................... 21,592 21,105 20,818
Accumulated depreciation.......................................... (10,014) (9,740) (9,439)
---------- ---------- -----------
11,578 11,365 11,379

Investments of insurance subsidiary............................... 2,134 1,947 2,134
Investments in and advances to affiliates......................... 665 649 627
Goodwill.......................................................... 2,648 2,622 2,626
Deferred loan costs............................................... 74 76 85
Other............................................................. 103 86 159
--------- --------- -----------

$ 23,120 $ 22,415 $ 22,225
========= ========= ===========

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable............................................... $ 1,240 $ 1,244 $ 1,484
Accrued salaries............................................... 639 619 561
Other accrued expenses......................................... 1,506 1,379 1,264
Long-term debt due within one year............................. 659 704 586
--------- --------- -----------

Total current liabilities.................................. 4,044 3,946 3,895

Long-term debt.................................................... 11,005 10,608 9,889
Professional liability risks...................................... 1,315 1,378 1,336
Deferred taxes and other liabilities.............................. 1,029 1,067 1,414
Minority interests in equity of consolidated entities............. 901 861 828

Stockholders' equity.............................................. 4,826 4,555 4,863
--------- --------- -----------

$ 23,120 $ 22,415 $ 22,225
========= ========= ===========

Current ratio..................................................... 1.46 1.44 1.34
Ratio of debt to debt plus common and minority equity............. 67.1% 67.6% 64.8%
Shares outstanding (thousands).................................... 409,237 408,062 417,513

HCA INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE SIX MONTHS ENDED JUNE 30, 2006 AND 2005
(DOLLARS IN MILLIONS)

2006 2005
----------- -----------

Cash flows from operating activities:
Net income................................................................ $ 674 $ 819
Adjustments to reconcile net income to net cash provided by operating
activities:
Provision for doubtful accounts....................................... 1,273 1,115
Depreciation and amortization......................................... 697 701
Income taxes.......................................................... (408) 222
Gains on sales of facilities.......................................... (5) --
Change in operating assets and liabilities............................ (1,597) (1,236)
Other................................................................. 137 70
----------- -----------

Net cash provided by operating activities......................... 771 1,691
----------- -----------

Cash flows from investing activities:
Purchase of property and equipment........................................ (820) (625)
Acquisition of hospitals and health care entities......................... (105) (84)
Disposal of hospitals and health care entities............................ 291 36
Change in investments..................................................... (150) (110)
Other..................................................................... (11) 25
------------ -----------

Net cash used in investing activities................................. (795) (758)
------------ ------------
Cash flows from financing activities:
Issuance of long-term debt................................................ 1,400 --
Net change in revolving bank credit facility.............................. 945 (700)
Repayment of long-term debt............................................... (1,162) (480)
Repurchase of common stock................................................ (653) --
Issuance of common stock.................................................. 76 922
Payment of cash dividends................................................. (131) (123)
Other..................................................................... (51) (113)
------------ ------------

Net cash provided by (used in) financing activities................... 424 (494)
----------- ------------

Change in cash and cash equivalents.......................................... 400 439
Cash and cash equivalents at beginning of period............................. 336 258
----------- -----------

Cash and cash equivalents at end of period................................... $ 736 $ 697
=========== ===========

Interest payments............................................................ $ 351 $ 308
Income tax payments, net of refunds.......................................... $ 810 $ 191

HCA INC.
OPERATING STATISTICS

FOR THE SIX MONTHS
SECOND QUARTER ENDED JUNE 30,
-------------------------- ----------------------
2006 2005 2006 2005
---- ---- ---- ----

CONSOLIDATED HOSPITALS:

Number of Hospitals....................... 176 183 176 183
Weighted Average Licensed Beds............ 41,263 41,948 41,259 41,903
Licensed Beds at End of Period............ 41,300 42,013 41,300 42,013

REPORTED:
Admissions................................ 402,900 407,600 823,900 840,200
% Change.............................. -1.1% -1.9%
Equivalent Admissions..................... 609,900 619,700 1,235,900 1,256,100
% Change.............................. -1.6% -1.6%
Revenue per Equivalent Admission.......... $ 10,429 $ 9,795 $ 10,336 $ 9,754
% Change.............................. 6.5% 6.0%
Inpatient Revenue per Admission........... $ 9,765 $ 9,163 $ 9,678 $ 9,115
% Change.............................. 6.6% 6.2%

Patient Days.............................. 1,973,000 2,009,100 4,063,500 4,168,300
Equivalent Patient Days................... 2,986,700 3,055,400 6,095,300 6,231,600

Inpatient Surgery Cases................... 134,000 136,400 269,300 271,900
% Change.............................. -1.7% -0.9%
Outpatient Surgery Cases.................. 210,700 216,200 423,600 427,200
% Change.............................. -2.6% -0.9%

Emergency Room Visits..................... 1,325,600 1,345,600 2,658,100 2,737,400
% Change.............................. -1.5% -2.9%

Outpatient Revenues as a
Percentage of Patient Revenues........ 36.9% 37.5% 36.3% 36.5%

Average Length of Stay.................... 4.9 4.9 4.9 5.0

Occupancy................................. 52.5% 52.6% 54.4% 55.0%
Equivalent Occupancy...................... 79.5% 79.9% 81.6% 82.2%

SAME FACILITY:
Admissions................................ 398,700 396,800 817,400 818,100
% Change.............................. 0.5% -0.1%
Equivalent Admissions..................... 600,500 599,600 1,219,600 1,219,000
% Change.............................. 0.1% 0.1%
Revenue per Equivalent Admission.......... $ 10,360 $ 9,792 $ 10,261 $ 9,735
% Change.............................. 5.8% 5.4%
Inpatient Revenue per Admission........... $ 9,766 $ 9,203 $ 9,674 $ 9,108
% Change.............................. 6.1% 6.2%

Inpatient Surgery Cases................... 133,200 132,700 267,100 263,800
% Change.............................. 0.4% 1.2%
Outpatient Surgery Cases.................. 204,100 208,400 409,200 411,800
% Change.............................. -2.1% -0.6%

Emergency Room Visits..................... 1,310,100 1,305,600 2,634,300 2,655,800
% Change.............................. 0.3% -0.8%

NUMBER OF CONSOLIDATED AND NON-CONSOLIDATED
(50/50 EQUITY JOINT VENTURES) HOSPITALS:

Consolidated.............................. 176 183 176 183
Non-Consoldiated (50/50 Equity Joint Ventures) 7 7 7 7
----------- ----------- --------- --------

Total Number of Hospitals................. 183 190 183 190
=========== =========== ========= ========