Form of Fixed Rate Global Medium-Term Note



 EXHIBIT 4.25 
 FIXED RATE GLOBAL MEDIUM-TERM NOTE 
 Unless this certificate is presented by an authorized
representative of The Depository Trust Company, a New York corporation (“DTC”), to Issuer or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the name of Cede & Co. or in
such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR
VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein. 
 REGISTERED 
 PRINCIPAL OR FACE AMOUNT No. FX 
 CUSIP No.                      
 $                     
 COLUMBIA/HCA HEALTHCARE CORPORATION 
 MEDIUM-TERM NOTE 
 (Fixed Rate) 
 * * *  ̈ CHECK IF AN INDEXED NOTE * * * 
 IF CHECKED, CALCULATION AGENT:
                                 
 If this is an Indexed Note, references herein to “principal” shall be deemed to be the face amount hereof, except that the amount payable upon Maturity of this
Note shall be determined in accordance with the formula or formulas set forth below or in an attached Addendum hereto. 
  

					
	ORIGINAL ISSUE DATE:	 	INTEREST RATE:	 	STATED MATURITY DATE:
		 		 	
		 		 	
		 		 	
	INTEREST PAYMENT DATES:	 		 	
		 		 	
		 		 	
		 		 	
	INITIAL REDEMPTION	 	INITIAL REDEMPTION	 	ANNUAL REDEMPTION









					
	DATE:	 	PERCENTAGE:	 	PERCENTAGE
	REDUCTION:	 		 	

 OPTIONAL REPAYMENT DATE(S): 
 DAY COUNT CONVENTION 

							
	 ̈	  	30/360 FOR THE PERIOD FROM	  	        TO         .
	 ̈	  	ACTUAL/360 FOR THE PERIOD FROM	  	        TO         .
	 ̈	  	ACTUAL/ACTUAL FOR THE PERIOD FROM	  	        TO         .
		
	ADDENDUM ATTACHED:	  	ORIGINAL ISSUE DISCOUNT:
	 ̈	  	Yes	  	 ̈	  	Yes
	 ̈	  	No	  	 ̈	  	No
		  		  	Total Amount of OID:
		  		  	Yield to Maturity:
		  		  	Initial Accrual Period:

 OTHER PROVISIONS: 
 Columbia/HCA HealthCare Corporation, a Delaware corporation (“Issuer” or the “Company,” which terms include any successor corporation under the Indenture hereinafter referred to), for value
received, hereby promises to pay to CEDE & CO., or registered assigns, the principal sum of 

  

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 DOLLARS, or if this is an Indexed Note, the principal amount as determined in accordance with the terms set forth under
“Other Provisions” above and/or in the Addendum attached hereto, on the Stated Maturity Date specified above (except to the extent redeemed or repaid prior to the Stated Maturity Date), and to pay interest on the principal or face amount
as set forth above at the Interest Rate per annum specified above, until the principal hereof is paid or duly made available for payment. Reference herein to “this Note”, “hereof”, “herein” and comparable terms shall
include an Addendum hereto if an Addendum is specified above. 
 The Company will pay interest on each Interest Payment Date specified above,
commencing on the first Interest Payment Date next succeeding the Original Issue Date specified above, and on the Stated Maturity Date or any Redemption Date or Optional Repayment Date (if specified as repayable at the option of the Holder in an
attached Addendum) (the date of each such Stated Maturity Date, Redemption Date and Optional Repayment Date and the date on which principal or an installment of principal is due and payable by declaration of acceleration pursuant to the Indenture
being referred to hereinafter as a “Maturity” with respect to principal payable on such date); provided, however, that if the Original Issue Date is between a Regular Record Date (as defined below) and the next succeeding Interest Payment
Date, interest payments will commence on the Interest Payment Date immediately following the next succeeding Regular Record Date. Except as provided above, interest payments will be made on the Interest Payment Dates shown above. Unless otherwise
specified above, the “Regular Record Date” shall be the date 15 calendar days (whether or not a Business Day) prior to the applicable Interest Payment Date. Interest on this Note will accrue from and including the most recent Interest
Payment Date to which interest has been paid or duly provided for or, if no interest has been paid, from the Original Issue Date specified above, to, but excluding such Interest Payment Date. If the Maturity or an Interest Payment Date falls on a
day which is not a Business Day as defined below, the payment due on such Maturity or Interest Payment Date will be paid on the next succeeding Business Day with the same force and effect as if made on such Maturity or Interest Payment Date, as the
case may be, and no interest shall accrue with respect to such payment for the period from and after such Maturity or Interest Payment Date. The interest so payable and punctually paid or duly provided for on any Interest Payment Date will as
provided in the Indenture be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such Interest Payment Date. Any such interest which is payable, but
not punctually paid or duly provided for on any Interest Payment Date (herein called “Defaulted Interest”), shall forthwith cease to be payable to the registered Holder on such Regular Record Date, and may be paid to the Person in whose
name this Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to the Holder of this Note
not less than 10 days prior to such Special Record Date, or may be paid at any time in any other lawful manner, all as more fully provided in the Indenture. 
 Payment of the principal of and interest on this Note will be made at the Office or Agency of the Company maintained by the Company for such purpose, in such coin or currency of the United States of America as at the
time of payment is legal tender for payment of public and private debts; provided, however, that at the option of the Company, payment of interest 

  

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 may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security
Register; and provided, further, that AT THE OPTION OF THE COMPANY, the Holder of this Note may be entitled to receive payments of principal of and interest on this Note by wire transfer of immediately available funds if appropriate wire transfer
instructions have been received by the Trustee not less than 15 days prior to the applicable payment date. 
 Unless the certificate of
authentication hereon has been executed by or on behalf of The First National Bank of Chicago, the Trustee for this Note under the Indenture, or its successor thereunder, by the manual signature of one of its authorized officers, this Note shall not
be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 
 This Note is one of a duly authorized series of
Securities (hereinafter called the “Securities”) of the Company designated as its Medium-Term Notes (the “Notes”). The Notes are issued and to be issued under an Indenture dated as of December 15, 1993 (herein called the
“Indenture”) between the Company and The First National Bank of Chicago, to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights thereunder of the Company, the Trustee
and the Holders of the Notes and the terms upon which the Notes are to be authenticated and delivered. The terms of individual Notes may vary with respect to interest rates or interest rate formulas, issue dates, maturity, redemption, repayment,
currency of payment and otherwise. 
 Except as otherwise provided in the Indenture, the Notes will be issued in global form only registered
in the name of The Depository Trust Company (the “Depositary”) or its nominee. The Notes will not be issued in definitive form, except as otherwise provided in the Indenture, and ownership of the Notes shall be maintained in book entry
form by the Depositary for the accounts of participating organizations of the Depositary. 
 This Note is not subject to any sinking fund
and, unless otherwise provided above in accordance with the provisions of the following paragraphs, is not redeemable or repayable prior to the Stated Maturity Date. 
 If so provided above,this Note may be redeemed by the Company on any date on and after the Initial Redemption Date, if any, specified above. If no Initial Redemption Date is set forth above, this Note may not be
redeemed prior to the Stated Maturity Date. On and after the Initial Redemption Date, if any, this Note may be redeemed at any time in whole or from time to time in part in increments of $1,000 (provided that any remaining principal hereof shall be
at least $1,000) at the option of the Company at the applicable Redemption Price (as defined below), together with accrued interest hereon at the applicable rate payable to the date of redemption (each such date, a “Redemption Date”), on
written notice given not more than 60 nor less than 30 days prior to the Redemption Date. In the event of redemption of this Note in part only, a new Note for the unredeemed portion hereof shall be issued in the name of the Holder hereof upon the
surrender hereof. 
  

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 Unless otherwise specified above, the “Redemption Price” shall initially be the Initial
Redemption Percentage, specified above, of the principal amount of this Note to be redeemed and shall decline at each anniversary of the Initial Redemption Date, shown above, by the Annual Redemption Percentage Reduction, if any, specified above
hereof, of the principal amount to be redeemed until the Redemption Price is 100% of such principal amount. 
 Unless otherwise specified in
an Addendum attached hereto, this Note is not subject to repayment at the option of the Holder. If this Note shall be repayable at the option of the Holder as specified in an attached Addendum hereto, unless otherwise specified in such Addendum, on
any Optional Repayment Date, this Note shall be repayable in whole or in part in increments of $1,000 (provided that any remaining principal hereof shall be at least $1,000) at the option of the Holder hereof at a repayment price equal to 100% of
the principal amount to be repaid, together with interest thereon payable to the date of repayment. If specified as repayable at the option of the Holder in such Addendum, for this Note to be repaid in whole or in part at the option of the Holder
hereof, this Note must be received, with the form entitled “Option to Elect Repayment” below duly completed, by the Trustee at its Corporate Trust Office, or such address which the Company shall from time to time notify the Holders of the
Notes, not more than 60 nor less than 30 days prior to the related Optional Repayment Date. Exercise of such repayment option by the Holder hereof shall be irrevocable. 
 Unless otherwise specified above, the “Interest Payment Dates” for the Fixed Rate Notes will be June 15 and December 15 of each year and the Maturity Date. Unless otherwise specified above,
interest on Fixed Rate Notes will be computed on the basis of a 360-day year of twelve 30-day months. 
 If any Interest Payment Date or the
Maturity Date of a Fixed Rate Note falls on a day that is not a Business Day, the required payment of principal, premium, if any, and/or interest will be made on the next succeeding Business Day as if made on the date such payment was due, and no
interest will accrue on such payment for the period from and after such Interest Payment Date or the Maturity Date, as the case may be, to the date of such payment on the next succeeding Business Day. 
 As used herein, “Business Day” means any day other than a Saturday or Sunday or any other day on which banks in The City of New York are
generally authorized or obligated by law or executive order to close. 
 Notwithstanding anything to the contrary contained herein or in the
Indenture, for purposes of determining the rights of a Holder of a Note for which the principal thereof is determined by reference to the price or prices of specified commodities or stocks, interest rate indices, interest or exchange rate swap
indices, the exchange rate of one or more specified currencies (including a composite currency such as the European Currency Unit) relative to an indexed currency or such other price, exchange rate or other financial index or indices as specified
above (an “Indexed Note”), in respect of voting for or against amendments to the Indenture and modifications and the waiver of rights thereunder, the principal amount of any such Indexed Note shall be deemed to be equal to the face amount
thereof upon issuance. The method for determining the amount of principal payable at Maturity on an Indexed Note will be specified in an attached Addendum. 
  

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 Any provision contained herein with respect to the calculation of the rate of interest applicable to this
Note, its payment dates or any other matter relating hereto may be modified as specified in an Addendum relating hereto if so specified above, and references herein to “as specified above” or similar language of like import shall also be
references to any such Addendum. 
 If an Event of Default with respect to the Notes shall occur and be continuing, the principal of all the
Notes may be declared due and payable in the manner and with the effect provided in the Indenture. 
 The Indenture permits, with certain
exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Securities of each series to be affected thereby at any time by the Company and the Trustee
with the consent of the a majority of the Holders of the aggregate principal amount of the Outstanding Securities of each series affected thereby. The Indenture also contains provisions permitting the Holders of a majority in aggregate principal
amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all the Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture
and their consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange
herefor or in lieu hereof whether or not notation of such consent or waiver is made upon this Note. 
 No reference herein to the Indenture
and no provision of this Note or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and interest on this Note at the time, place and rate, and in the coin or currency,
herein prescribed. 
 As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Note may be
registered on the Security Register of the Company, upon surrender of this Note for registration of transfer at the office or agency of the Company in the Borough of Manhattan, The City of New York, duly endorsed by, or accompanied by a written
instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or by its attorney duly authorized in writing, and thereupon one or more new Notes of authorized denominations and for the same
aggregate principal amount, will be issued to the designated transferee or transferees. 
 The Notes are issuable only in registered form
without coupons in denominations of $1,000 and integral multiples thereof. As provided in the Indenture and subject to certain limitations therein set forth, the Notes are exchangeable for a like aggregate principal amount of Notes as requested by
the Holder surrendering the same. 
  

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 No service charge shall be made for any such registration of transfer or exchange, but the Company may
require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 
 Prior to due
presentment of this Note for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note be
overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 
 The Indenture and the Notes
shall be governed by and construed in accordance with the laws of the State of New York. 
 All terms used in this Note which are defined in
the Indenture shall have the meanings assigned to them in the Indenture. 
 IN WITNESS WHEREOF, the Company has caused this instrument to be
duly executed, manually or in facsimile, and an imprint or facsimile of its corporate seal to be imprinted hereon. 
  

					
	[FACSIMILE OF SEAL]	 	COLUMBIA/HCA HEALTHCARE CORPORATION
			
		 	By:	  	  

		 	Title:	  	  


  

			
	 Attest:
	 	
	By:	 	  


 CERTIFICATE OF AUTHENTICATION 
 This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture. 
 THE FIRST
NATIONAL BANK OF CHICAGO, as Trustee 
  

									
	By:	 	  
	 		 	Dated:	 	  

		 	Authorized Officer	 		 		 	

  

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 OPTION TO ELECT REPAYMENT 
 The undersigned hereby irrevocably request(s) and instruct(s) the Company to repay this Note (or portion hereof specified below) pursuant to its terms at a price equal to the principal amount hereof together with
interest to the repayment date, to the undersigned, at 
  

  

 (Please print or typewrite name and address of
the undersigned) 
 For this Note to be repaid, the Trustee must receive at its Corporate Trust Office, or at such other place or places of
which the Company shall from time to time notify the Holder of this Note, not more than 60 nor less than 30 days prior to an Optional Repayment Date, if any, shown on the face of this Note, this Note with this “Option to Elect Repayment”
form duly completed. 
 If less than the entire principal amount of this Note is to be repaid, specify the portion hereof (which shall be
increments of $1,000) which the Holder elects to have repaid and specify the denomination or denominations (which shall be $1,000 or an integral multiple thereof) of the Notes to be issued to the Holder for the portion of this Note not being repaid
(in the absence of any such specification, one such Note will be issued for the portion not being repaid). 
  

					
	$            	 		  	                                       
                                        
                                        
                                     
  

			
	Date:                                     
            	 		  	NOTICE: The signature on this Option to Elect Repayment must correspond with the name as written upon the face of this Note in every particular, without alteration or enlargement or any
change whatever.

  

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 ASSIGNMENT/TRANSFER FORM 
 FOR VALUE RECEIVED the undersigned registered Holder hereby sell(s), assign(s) and transfer(s) unto 
 (insert Taxpayer Identification No.)
                                        
                                        
                                        
                                        
                             
                                       
                                        
                                        
                                        
                                        
                                        
                    
 (Please print or typewrite name and
address including postal zip code of assignee) 
                                       
                                        
                                        
                                        
                                        
                                        
                    
 the within Note and all rights
thereunder, hereby irrevocably constituting and appointing 
                                       
                                        
                                        
                                        
                                        
                                        
                    
 attorney to transfer said Note on the
books of the Company with full power of substitution in the premises. 
 Dated:
                                       
                                        
                                      
 NOTICE: The signature of the registered Holder to this assignment must correspond with the name as written upon the face of the within instrument in
every particular, without alteration or enlargement or any change whatsoever. 
  

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 ABBREVIATIONS 
 The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations. 
 TEN COM—as tenants in common 
 UNIF
GIFT MIN
ACT—                                      
                           Custodian.
                                        
                                 
                                        
                                        
             (Cust)
                                        
        (Minor) 
 Under Uniform Gifts to Minors Act 
  
 ___________________________________________ 
                     (State)

 TEN ENT — as tenants by the entireties 
 JT TEN — as joint tenants with right of survivorship and not as tenants in common 
 Additional abbreviations may also be used though not in the above list. 
  


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