HCA Healthcare Announces Agreement to Acquire The College of Health Care Professions
HCA Healthcare, Inc. (NYSE:HCA), one of the nation's leading healthcare providers, and The College of Health Care Professions (CHCP), one of the largest allied healthcare training providers in Texas, today announced an agreement for HCA Healthcare to acquire ownership of CHCP. CHCP provides healthcare education to more than 8,000 students annually across 10 campuses throughout Texas and online.
"The College of Health Care Professions has built a strong legacy of preparing skilled and compassionate healthcare professionals," said Sam Hazen, CEO of HCA Healthcare. "Together, we are investing in the future of healthcare and strengthening the talent pipeline that will serve patients and communities."
This agreement reflects a shared commitment to student success, academic quality and workforce readiness between the organizations that have a history of working together. For decades, HCA Healthcare and CHCP have been partnering through program advisory boards, clinical sites and career placement. In 2023, HCA Healthcare collaborated with CHCP on a 12-week Medical Assistant training program aimed at upskilling colleagues and building a talent pipeline for HCA Healthcare's urgent care centers across Texas. Since its launch, over 100 colleagues have successfully graduated from the program and increased their career opportunities within HCA Healthcare. As a part of HCA Healthcare, CHCP will continue to educate, support and empower students to succeed in healthcare careers. Eric Bing will continue to lead CHCP as Chancellor and CEO.
"CHCP is excited to be part of HCA Healthcare," said Eric Bing, Chancellor and CEO of CHCP. "Our goal is for our shared commitment to adult learner success, academic excellence and workforce readiness to help increase opportunities for aspiring healthcare professionals and make a positive impact in communities across the country."
Since opening its doors in 1988, CHCP has prepared more than 52,000 students for careers in healthcare. Offering a flexible, yet structured learning environment designed to meet the needs of adult learners, the college is driven by a mission for students to gain the knowledge, technical proficiency and skills needed for entry-level and stackable positions in an allied healthcare field while supporting their career goals. Through flexible hybrid and online healthcare programs offered across Texas, the college enables students to pursue meaningful careers while balancing work, family and life responsibilities. CHCP currently offers over 20 accredited programs, including Medical Assisting, Sonography, Surgical Technology, Radiologic Technology and Medical Coding and Billing.
HCA Healthcare is committed to investing in the future of healthcare by supporting education and workforce development initiatives for the next generation of caregivers.
- In 2020, HCA Healthcare acquired majority ownership in Galen College of Nursing, one of the largest educators of nurses in the U.S., and since then has opened 20 new campuses, totaling 25 campuses nationwide.
- HCA Healthcare also operates Research College of Nursing in Kansas City, Missouri and HCA Florida Mercy College of Nursing in Miami, Florida.
- In 2025, HCA Healthcare helped to launch Pepperdine University's School of Nursing within the College of Health Sciences.
- In 2022, the HCA Healthcare Foundation announced a $1.35 million grant to Educate Texas to help increase student access to programs that enable healthcare careers, including high schools in Texas that offer Pathways in Technology Early College High School (P-TECH) healthcare career tracks. In 2025, the Foundation committed an additional $1 million to the organization.
- In 2024, the HCA Healthcare Foundation committed $1 million to the Consortium of Florida Education Foundations to help fund its Career Pathways to a Healthier Florida program, which aims to help create and expand healthcare career pathways for underserved high school students across the state of Florida.
The transaction is subject to regulatory approval and other customary closing conditions. Terms of the agreement were not disclosed.
Macquarie Capital acted as exclusive financial advisor to CHCP, while Cooley LLP was transaction and regulatory counsel. Holland & Knight LLP acted as transaction counsel for HCA Healthcare and Husch Blackwell LLP acted as regulatory counsel.
About HCA Healthcare
Nashville-based HCA Healthcare is one of the nation's leading providers of healthcare services comprising 189 hospitals and approximately 2,600 ambulatory sites of care, including surgery centers, freestanding ERs, urgent care centers, and physician clinics, in 19 states and the United Kingdom. With its founding in 1968, HCA Healthcare created a new model for hospital care in the United States, using combined resources to strengthen hospitals, deliver patient-focused care and improve the practice of medicine. HCA Healthcare has conducted a number of clinical studies, including one that demonstrated that full-term delivery is healthier than early elective delivery of babies and another that identified a clinical protocol that can reduce bloodstream infections in ICU patients by 44%. HCA Healthcare is a learning health system that uses its approximately 47 million annual patient encounters to advance science, improve patient care and save lives.
About The College of Health Care Professions (CHCP)
As a leader in healthcare education and training, CHCP helps students develop the skills they need to meet the demands of today's healthcare industry. Founded by physicians, CHCP is focused on healthcare education and training and its accredited programs have been developing healthcare professionals for over 35 years. CHCP faculty have real-world, on-the-job experience and are committed to helping students succeed. Just as importantly, CHCP's on-campus, blended, online and hybrid program offerings give students flexible options to learn on their schedule. CHCP offers continuing education nationwide for medical imaging and emerging healthcare technologies through the Medical Technology Management Institute (MTMI).
All references to "Company," "HCA" and "HCA Healthcare" as used throughout this document refer to HCA Healthcare, Inc. and its affiliates.
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HCA HEALTHCARE:
Investor Contact:
Frank Morgan
615-344-2688
Media Contact:
Harlow Sumerford
615-344-1851
THE COLLEGE OF HEALTH CARE PROFESSIONS:
Media Contact:
Stephen Horn
shorn@chcp.edu
678-644-6872