HMA Sells Mississippi Hospital
Anderson Regional Medical Center in Meridian, MS, has confirmed that it will buy Riley Hospital from Health Management Associates, Inc. Financial terms of the deal were not disclosed.
Anderson President/CEO L. Ray Humphreys said the medical center will take ownership of all assets of Riley Hospital on Jan. 1. The acquisition will add 140 licensed beds, making Anderson Regional a 400-bed facility—among the largest in Mississippi and the region. The acquisition allows Anderson to add service lines including long-term acute care, wound care, inpatient rehabilitation, a pain management center, and enhanced obstetrics services.
"This is a natural fit for Anderson Regional Medical Center," Humphreys said. "This acquisition will allow our healthcare system to expand its campus, enhance and increase key services to help us better serve the residents of this region."
Humphreys said Anderson plans an orderly transition, with no near-term changes that might impact patients, physicians, or interrupt scheduling and other procedures already in place.
"We are optimistic the purchase will proceed and close in a timely manner, allowing for what we hope will be a seamless transition merging the services, capabilities, technical and human resources of Riley into the Anderson family," said Riley CEO Pam Tvarkunas. "We're committed to working together, collaborative planning and maintaining a high level of service."
Humphreys said the approximately 400 employees at Riley Hospital would become Anderson Regional Medical Center employees on Jan. 1. Anderson Regional will employ approximately 1,700 after the sale is finalized.
"Our mission is clear— to provide healing through the services we provide and to improve life for the people who live and work here," Humphreys said. "This is consistent with our mission, and it elevates the Meridian and East Mississippi/West Alabama region as a medical hub."
When the sale is completed, Naples, FL-based HMA will operate 59 hospitals in 15 states, with approximately 8,000 licensed beds in non-urban settings.
John Commins is a senior editor with HealthLeaders Media.
- Primary Care Docs Average More Hospital Revenue Than Specialists
- 69% of Employers Plan to Offer Healthcare Coverage After 2014
- How Chargemaster Data May Affect Hospital Revenue
- Building a Better Healthcare Board
- Q&A: Catholic Health Initiatives' New Senior VP for Capital Finance
- ED Physicians Key to Half of Hospital Admissions
- Insurer's App Aims to Lower Healthcare Costs, Securely
- Hospital Pricing Irks Nurses; More Jobs, Less Pay
- Don't Let Nurses Sink Your Bottom Line
- House Lawmakers Grill CMS Over Health Exchange Navigators