Anna

Anna asked about the contribution of AI initiatives to HCA Healthcare's $400 million resiliency benefit in 2026 and the potential for further resiliency opportunities beyond 2026, especially with anticipated Medicaid cuts.

Answer

CFO Mike Marks stated that the resiliency program is a multi-year initiative, with the $400 million target for 2026 based on the assessment of implementation status of various opportunities. He emphasized the program's depth and breadth, providing good support for the company through the back half of the decade, but did not specify the exact AI contribution to the $400 million.

Anna, on behalf of Justin Lake, inquired about the $400 million resiliency benefit in 2026, specifically asking how much of it is attributable to ramping AI initiatives and what further resiliency opportunities are anticipated beyond 2026, especially with future Medicaid cuts.

Answer

CFO Mike Marks explained that the resiliency program is a multi-year initiative, with the $400 million target for 2026 based on the current implementation status of various opportunities. He emphasized that the program continues to mature, leveraging components like internal/external benchmarking, advanced analytics, digital transformation with AI/automation, and shared service platforms, providing ongoing support through the latter half of the decade.