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Investor Alert for Health Management Associates Inc.

Publication: M2 Presswire
Publication Date: 28-FEB-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-28 February 2007-Blue Chip News: Investor Alert for Health Management Associates Inc.(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:28022007

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 16 mainly southern states (although its territory extends as far north as Washington). Combined, the facilities have about 8,500 beds. HMA also specializes in acquiring and upgrading rural hospitals and equipment in order to attract business from patients who would previously have been forced to travel to receive medical treatment.

Shares were down 3% since announcing the filing of annual report on form 10-K.

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