Health Management Associates, Inc.Naples, FL, United States (NYSE: HMA)

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Health Management Associates 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 about 60 acute care and psychiatric hospitals in 15 mainly southern states (although it also has facilities in Washington and Pennsylvania). Combined, the facilities have about 8,000 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 about a dozen rural health clinics and outpatient surgery centers.

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The Company Description provides a historical perspective of Health Management Associates's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Health Management Associates's evolution in the marketplace.

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