Company: Columbia-HCA Healthcare (now Hospital Corporation of America) Parent Company: HCA Healthcare Subsidy Source: multiple Location: Tennessee City: Nashville Project Description: relocation of corporate headquarters Year: 1995 Major Industry of Parent: healthcare services Specific Industry of Parent: hospitals (for-profit) Subsidy Value: $116,000,000 Program Name: multiple Awarding Agency: multiple Type of Subsidy:
Source of Data: The value and the breakdown of the subsidy package are taken from: Jane DuBose, "Columbia/HCA's Nashville impact nebulous," Knoxville News-Sentinel, November 7, 1995. Notes: The $116 million subsidy package included state and local subsidies. The healthcare provider received $26 million in property tax abatement over ten years for its headquarters, Nashville Memorial Hospital and Summit Medical Center. The state granted the company exemptions from the state excise and franchise taxes worth $90 million over 10 years. The local property tax abatements are listed separately in the main Subsidy Tracker data under County PILOT agreements for HCA but without dollar amounts. Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.