Market Moves Strategy: Time to own your realities

Aug 15, 2025 | Automotive, Energy & Utilities, Manufacturing

We borrowed the title phrase for our latest Market Moves Strategy newsletter from HCA Healthcare CEO Sam Hazen, who was asked on the hospital giant’s recent earnings call how his team will protect margins should patient volumes fall if health insurance tax credits expire at year’s end.

Hazen said it’s too early to get into details since it’s not clear yet that those credits will actually go away. Then he added: “I will tell you this: We have a pattern of owning our realities, whatever they happen to be, and finding pathways forward.”

In short: No wishin’ and hopin’ for circumstances to change. There’s only pushing ahead, all the while acknowledging inflationary pressures and other factors that are making strategic leadership tough. But it also means noting that demand for “stuff” is generally OK and in some cases even improving.

You can read the newsletter right here. And if you’re interested in subscribing, scroll down to the bottom of that page and find ‘click here.’