Health Management Associates Creates New Services Unit
Jun 13th 2013 9:16PM
Updated Jun 13th 2013 10:50PM
Health Management Associates is returning to its roots, in a way. True to its name, the company has carved out a new division to provide what it terms "managerial and operational support offerings" to facilities not currently on its client list.
The reason, said the firm's Executive Vice President of Development, Pete Lawson, is that "we have found that many community hospitals may not be at the point where they are looking for a partner to buy, lease, or JV their hospital, but are instead looking for an expert to provide operational and managerial support."
Health Management Associates was established to provide management for hospitals, but eventually shifted toward ownership and operation of such facilities.
The article Health Management Associates Creates New Services Unit originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Health Management Associates. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.