| Business Summary | | Health
Management
Associates,
Inc.
(HMA)
provides
a
broad
range
of
general
acute
care
health
services
in
non-urban
communities.
As
of
October
1,
2000,
HMA
operated
34
general
acute
care
hospitals
with
a
total
of
4,904
licensed
beds
and
three
psychiatric
hospitals
with
a
total
of
186
licensed
beds.
Services
provided
by
the
Company's
hospitals
include
general
surgery,
internal
medicine,
obstetrics,
emergency
room
care,
radiology,
oncology,
diagnostic
care,
coronary
care,
pediatric
services,
behavioral
health
services
and
psychiatric
care
and,
in
several
of
the
hospitals,
specialized
services
such
as
open-heart
surgery
and
neurosurgery.
The
Company's
facilities
benefit
from
shared
services,
such
as
purchasing,
information
services,
finance
and
control
systems,
facilities
planning,
physician
recruitment
services,
administrative
personnel
management,
marketing
and
public
relations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HMA
provides
general
acute
health
services
in
nonurban
locations
through
the
operation
of
32
general
hospitals
and
four
psychiatric
hospitals.
For
the
nine
months
ended
6/30/01,
revenues
rose
19%
to
$1.39
billion.
Net
income
rose
11%
to
$143.1
million.
Revenues
reflect
increased
patient
service
revenue
as
a
result
of
the
strong
growth
in
same
hospital
business.
Earnings
were
partially
offset
by
increased
hospital
operating
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| William Schoen, 65 Chairman | $2.4M | $9.6M | Joseph Vumbacco, 55 Pres,
CEO, Director | 1.2M | 1.3M | Robert Farnham, 45 CFO,
Sr. VP, Controller | -- | -- | Timothy Parry, 45 VP
and Gen. Counsel | 353K | -- | Dollar
amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|