4 February 2014 Health Care Facilities and Services HCA Holdings, Inc. Model updated:04 February 2014 tho !Rift 'Lon North America United States Health Care Facilities and Services HCA Holdings,

4 February 2014 Health Care Facilities and Services HCA Holdings, Inc. Q4'2013 Earnings Review Key points • Solid results despite challenging volume backdrop. Q4 EBITDA was previewed earlier in J

4 February 2014 Health Care Facilities and Services HCA Holdings, Inc. Figure 2: Same-store t ends (yoy % change) ICA. Inc. 48010440% 40104•14/4% 4040114 2010 200 1012 2012 3012 400 2012 1013

4 February 2014 Health Care Facilities and Services HCA Holdings, Inc. 'Figure 8: 2014 EBITDA Bridge ($ in MM) Base EMMA Midge As • %of 2013 Adj EB1TDA Low Mid High Low Mid High 2013 hausled

4 February 2014 Health Care Facilities and Services HCA Holdings, Inc. !Figure 9: HCA model summary HCA Holdings, Inc - Earning; Model Summary RsCal Yea, Enle December al (9 La Yale except per cha

4 February 2014 Health Care Facilities and Services HCA Holdings, Inc. (450M lower), and slightly lower ACA ramp (-$100M lower) offset by slightly better rate/mix due to recent strength in acuity mi