August 29, 2008
Health Management Associates Sells Little Rock, Arkansas Hospital
Health Management Associates, an operator of acute care hospitals primarily in the southeast and southwest areas of non-urban America, has completed the sale of its 79-bed Southwest Regional Medical Center to Baptist Health located in Little Rock, Arkansas.
Health Management Associates (HMA) expects to use the proceeds of the sale for general corporate purposes, which includes debt repayment.
HMA owns and operates 56 hospitals, with approximately 8,000 licensed beds, in non-urban communities located throughout the US.