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Home > Company Index > Health Products & Services > Hospitals > Health Management Associates, Inc.
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Health Management Associates, Inc. |
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NEWS FROM THE WIRES |
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Health Management profits rise 24 pct Jul 24 2001 04:40 AM PDT
> More WIRE STORIES about this company
PROFILE |
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Even Ma and Pa Kettle need a little doctorin'. Health Management Associates operates more than 30 hospitals, including three psychiatric centers, in rural areas of about a dozen states, mostly in the South. Each year the company identifies and buys a handful of financially ailing hospitals that have good turnaround potential and are located in growing markets. It upgrades facilities and equipment and recruits medical specialists in order to attract business from patients who would previously have been forced to travel to receive medical treatment. The company's consolidation strategy allows Health Management Associates to save money on administrative and purchasing costs.
COMPETITION |
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 1,577.80
1-Yr. Sales Growth: 16.4%
Employees: 19,000
Revenue per employee: $83,042.11
KEY PEOPLE |
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Joseph V. Vumbacco
CEO
Robert E. Farnham
CFO
CONTACT INFO |
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5811 Pelican Bay Blvd., Ste. 500
Naples, FL 34108
US
Phone: 941-598-3131
Fax: 941-598-2705
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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