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Patient volume gains boost FL-based Health Management Associates earnings

Tampa Bay Business Journal, October 28, 2009

Naples, FL-based hospital company Health Management Associates Inc. reported net income of $25.4 million, or 10 cents a share, for the third quarter ended Sept. 30, compared with net income of $10.8 million, or 4 cents a share, in the same quarter a year ago. Revenue for the three months ended Sept. 30 was $1.12 billion, up 5.8% from revenue of 1.06 billion a year earlier. HMA owns and operates 56 hospitals throughout the United States.