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Health Management Associates covering Mississippi: HMA delivers one in five Magnolia State babies.

Publication: Mississippi Business Journal
Publication Date: 29-JUN-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Health Management Associates covering Mississippi: HMA delivers one in five Magnolia State babies.(Healthcare Mississippi)

Article Excerpt
Health Management Associates (HMA) Inc., has been taking care of Mississippians since 1990, and now operates 11 facilities throughout the Magnolia State and employs more than 5,500 healthcare professionals on a $257-million annual payroll.

Every year, HMA Mississippi pays more than $13 million in state taxes and makes charitable contributions of more than $1.6 million.

The Naples, Fla.-based healthcare management company handles more than 200,000 annual emergency room visits, more than 50,000 annual inpatient admissions, more than 60,000 inpatient and outpatients surgical procedures, nearly 400,000 annual outpatient visits and delivers nearly 8,000 babies in Mississippi.

Nationwide, the public company (NYSE: HMA) is a leading operator of acute care hospitals, focusing primarily on the southeast and southwest areas of non-urban America, operating 62 hospitals in 16 states with approximately 8,817 licensed beds.

HMA has reported 17 years of consistent growth, with a return on equity consistently higher than most of its competitors. Even though the hospital management group is highly attuned to the bottom line, it has a benevolent spirit. After Hurricane Katrina struck the Mississippi Gulf Coast, affecting HMA's Biloxi Regional Medical Center, the company shifted into overdrive to help area residents...

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