Dec 29 2010
Health Management Associates, Inc. announced today that a subsidiary has signed a definitive agreement to sell its 140-bed Riley Hospital, located in Meridian, Mississippi to Anderson Regional Medical Center, also located in Meridian. The transaction is expected to be completed as of December 31, 2010.
Under the agreement, Anderson Regional Medical Center has committed to offer employment to substantially all employees at Riley Hospital.
Health Management enables America's best local health care by providing the people, processes, capital and expertise necessary for its hospital and physician partners to fulfill their local missions of delivering superior health care services. Upon completion of this transaction, Health Management, through its subsidiaries, will operate 59 hospitals, with approximately 8,800 licensed beds, in non-urban communities located throughout the United States. All references to "Health Management," "HMA" or the "Company" used in this release refer to Health Management Associates, Inc. and its affiliates.
Source:
Health Management Associates
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