is theht know hca largest nongovernmental health care provider in the united states. over 35,000twork of nonaffiliated efficient, and we operate in 42 markets across 20 states. system, across the hca we will see 7 million emergency room visits, have 1.7 million inpatient admissions. 80% of our hospitals have been recognized as top performers, and historically, about 8% to 10% of the patients we care for have had no health insurance. we think that gives us a fairly unique perspective on the health-care landscape. we see more health care than just about anyone across a range of diverse marketplaces. i wanted to share with you some observations. clearly, what is dominating the discussion in our industry is health reform, efforts to help people gain access to care, and delivery system reform improvements that we have earned about this morning. those efforts are clearly continuing to unfold, but we are encouraged with early signs that we are seeing with the impact of that across many of our markets. when we reviewed our first quarter results, we have about five states acro

is theht know hca largest nongovernmental health care provider in the united states. over 35,000twork of nonaffiliated efficient, and we operate in 42 markets across 20 states. system, across the hca we will see 7 million emergency room visits, have 1.7 million inpatient admissions. 80% of our hospitals have been recognized as top performers, and historically, about 8% to 10% of the patients we care for have had no health insurance. we think that gives us a fairly unique perspective on the health-care landscape. we see more health care than just about anyone across a range of diverse marketplaces. i wanted to share with you some observations. clearly, what is dominating the discussion in our industry is health reform, efforts to help people gain access to care, and delivery system reform improvements that we have earned about this morning. those efforts are clearly continuing to unfold, but we are encouraged with early signs that we are seeing with the impact of that across many of our markets. when we reviewed our first quarter results, we have about five states acro

by name is bill rutherford, and i am the chief financial officer of hca.it's my pleasure to be with you today. i'd like to spend just a few minutes sharing with you our perspective as a provider of what we're seeing with the health care landscape across the country and three key observations. you may know hca is a the largest nongovernmental health care provider in the united states. we operate 165 hospitals, 115 surgery centers, havemmmmáb k of over 35,000 affiliated physicians, and we operate in 42 markets across 20 states. be annually across the hca system we'll see seven million emergency room visits, deliver 250,000 babies, have 1.7 million inpatient admissions. 80% of our hospitals have been recognized as top performers by the joint commission, and about 8-10% of the patients we take care of have no health insurance. we account for about 4-5% of all hospital care in the united states, so we think that gives us a fairly unique perspective on the health care landscape, and we see more health care than just about anyone across a range of diverse mark

is theht know hca largest nongovernmental health care provider in the united states.ver 35,000twork of nonaffiliated efficient, and we operate in 42 markets across 20 states. system, across the hca we will see 7 million emergency room visits, have 1.7 million inpatient admissions. 80% of our hospitals have been recognized as top performers, and historically, about 8% to 10% of the patients we care for have had no health insurance. we think that gives us a fairly unique perspective on the health-care landscape. we see more health care than just about anyone across a range of diverse marketplaces. i wanted to share with you some observations. clearly, what is dominating the discussion in our industry is health reform, efforts to help people gain access to care, and delivery system reform improvements that we have earned about this morning. those efforts are clearly continuing to unfold, but we are encouraged with early signs that we are seeing with the impact of that across many of our markets. when we reviewed our first quarter results, we have about five states across

no one is surprised since the passage of the hca. remember that the individual mandate was the republican idea as well. as the close of the election we will hear more and more about how it must be repealed replaced . specifically they are not made by made up policies the democrats decided to use. trust me, no democrat has any interest in bailing out the insurance companies. these policies are emplace legitimate reasons and only because they are in the a ca are they controversial and considered in this negative light. let's recap the importance. in order for insurance pools to keep premiums stable and cost low it is critical to spread out risk. these types of mechanisms are not a new phenomena. they're used in all types of functions and, insurance systems. one great example is the use of the medicare part deprogram. the provisions were modeled after the party program which, of course was altered by the gop. republicans have their way that would repeal the program effectively create chaos in the marketplace over 10 million uninsured ad

is theht know hca largest nongovernmental health care provider in the united states.over 35,000twork of nonaffiliated efficient, and we operate in 42 markets across 20 states. system, across the hca we will see 7 million emergency room visits, have 1.7 million inpatient admissions. 80% of our hospitals have been recognized as top performers, and historically, about 8% to 10% of the patients we care for have had no health insurance. we think that gives us a fairly unique perspective on the health-care landscape. we see more health care than just about anyone across a range of diverse marketplaces. i wanted to share with you some observations. clearly, what is dominating the discussion in our industry is health reform, efforts to help people gain access to care, and delivery system reform improvements that we have earned about this morning. those efforts are clearly continuing to unfold, but we are encouraged with early signs that we are seeing with the impact of that across many of our markets. when we reviewed our first quarter results, we have about five states acros

house of representative has been harmed by president obama attempting in good faith to implement the hca. i understand their feelings might be hurt but acting out only gets negative attention and americans agree that this is a waste of time. >> democrats are making it, it's a waste of time and money argument. expect a vote this afternoon. >> i know you will be standing by for that. thank you, mike. >>> for more on the lawsuit and the bills that congress needs to work from. let's check in with charlie hurtz and chip moody. so the house it wants to sue the president, charlie. ron forley was on and said it is a political stunt. what do you think? >> of course, it is a political stunt. you do that to highlight the issue and in this case it is a serious and important issue. the issue of president obama going far outside of his authority to implement the and change the law and trampling the constitution in the process. of course, it is a stunt. it is a good one and smart one and important one and hysterical and listen to the democrats to complain, it is a political stunt as if they are not mas

charles: hca had an announcement, life point. look at that, guys, that's what you call a move.wo old hospital companies rocking and rolling. i have my first stock, it is a household name that most investors wrote off a long time ago, including me, now i think a great buy, i think everyone will do well with this and it's a great buy for a long time. stick around, you'll find out what it is. the goal here is to make you money. ♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. but hurry, offers end july 31st. share your summer moments in your mercedes-benz with us. we're changing the way we do business, with startup ny. we've created tax free zones throughout the state. and startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. thanks to startup ny, businesses can operate tax free for 10 years. no property tax. no business tax. and no sales tax. which means more growth for your business, and

great track record, good performance last years likes thrm oh svg and hca, a biggest hospital owner and operator in america. national oil well vasrco, tleemplt the former cfo now the current ceo, looking to unlock shareholder value. the common theme among all of them, companies that have either levered up to promote shareholder activities or could have the possibility of levering up, taking on more debt to do shareholder fendly activities and mike novagratz, a more macro player, the big picture, economic themes and cycles in the world says it's all about, think about it, restructuring. a regime change as well, except for countries. looking at brazil. one of his top picks as well as argentina thinking those two places with the presidents there both possibly on the way out, that could spell good returns for those assets in those countries in the coming months and years. guys, back to you. >> okay. dom, thanks, dom chu any other hq. here talking about bet ideas. >>> and how about national oil well, narco, super value on the move. who wants what? >> niv strong on the upside call buying in t

hca, shares up 9%, 10% today.famously notes he was holding this position before this move up here. but the company boofrted its 2014 earnings guidance as well as saying it's going to report better than expected second quarter results. another one. national oil well barco. a new pick. up towards session highs. up by about a percent. a common theme, carl, links all of his picks. he says that these companies are ones that have either levered up that is take out debt at very low interest rates to use that money to perform shareholder-friendly activities like buying back stock or, carl, have the ability to do so. take on more debt to do shareholder-friendly activities. those sick picks, the outperformers in next year's trading and of course we're minutes away from stanley druckenmiller. a protege taking the stage at alpha. ang his to see how his best ideas are playing out. >> and not to mention, yellen and a bunch of other things. thanks. >>> intel shares jumping as q2 results beat estimates on the top and bottom line.

. >>> welcome back to "squawk on the street," check out hca holdings, raising the guidance for the second full year. the company citing strength in koer operations where operations increased. the stock trades up 7.5%. rivals moving up as well. carl, back to you. >> thank you so much. apple and ibm announce a partnership to collaborate on ios devices. we spoke with the ceos about the partnership, and we have more on that. josh, congratulations. >> well, carl, you know, 30 years ago, this partnership would have been impossible to imagine, but today, it is a reality. apple and ibm joining forces, the tech titans announcing the exclusive partnership to create new business apps bringing ibm's data analytics to apple's iphones and tab bets. as part of the agreement, they will sell dab lets to clients around the world. we talked about what the deal really means for the companies and their customers. >> it takes the best of apple and ibm and puts them together because there's no overlap or competition because they are complimentary and focuses on the customer. this is all about transforming enter

we begin with hca holdings.s soaring after it raised earnings guidance for the second quarter and full year. it's currently trading up about 10%. rivals tenant healthcare, united health services, community health systems, lifepoint hospitals and envision healthcare, all rising in sympathy. general electric moving higher as well on a "bloomberg report" that it's in talks with potential buyers about selling its household appliances business, which could fetch between $1.5 and $2.5 billion. ge currently trading up about 1.5%. but a tough day for lanet, plummeting on an investigation into the company's heart drug. that's currently trading down about 17%. and we end with ibm and apple, both moving higher on news the two announced a partnership to collaborate on business apps for iphone and ipad users. blackberry in the process getting slammed on that deal. that is down about 11.5%. bill, back to you. >> thanks, morgan. >>> our own josh lipton was breaking exclusive news that apple and ibm will partner up to create ma