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Hospital operator HCA reports 3rd-quarter profit surge, plans for $2B shareholder payment
Los Angeles Times

Hospital chain HCA Inc. said Tuesday its third-quarter net income surged 24 percent, and it plans to make another big payment to shareholders by the end of this year.

The Nashville, Tenn., company will declare a distribution of about $2 billion to stock owners and holders of vested options during the fourth quarter. That follows distributions totaling $2.25 billion that its board declared earlier this year.