Health Management Associates, Inc.

Naples, FL United States

  (NYSE: HMA)

Company Description

William Schoen, chairman of Health Management Associates (HMA), once described his company as the "Wal-Mart of the hospital business" because, like Sam Walton's empire, HMA thrives in small-town America. The company operates a network of some 66 hospitals in 15 mainly southern states (although it also has facilities in Washington and Pennsylvania). Combined, the facilities have about 10,400 beds. HMA's hospitals provide general medical and surgical care, along with outpatient and emergency room services and specialty care in some areas such as cancer care and obstetrics. It also operates an increasing number of health clinics and outpatient surgery centers.