Health Management Associates Creates New Services Unit

Health Management Associates (NYSE: HMA  ) is returning to its roots, in a way. True to its name, the company has carved out a new division to provide what it terms "managerial and operational support offerings" to facilities not currently on its client list.

The reason, said the firm's Executive Vice President of Development, Pete Lawson, is that "we have found that many community hospitals may not be at the point where they are looking for a partner to buy, lease, or JV their hospital, but are instead looking for an expert to provide operational and managerial support."

Health Management Associates was established to provide management for hospitals, but eventually shifted toward ownership and operation of such facilities.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2489210, ~/Articles/ArticleHandler.aspx, 9/30/2014 6:23:24 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 17,042.90 -28.32 -0.17%
S&P 500 1,972.29 -5.51 -0.28%
NASD 4,493.39 -12.46 -0.28%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

12/31/1969 7:00 PM
HMA $0.00 Down +0.00 +0.00%
Health Management… CAPS Rating: *****

Advertisement