Health Management Associates Executes Definitive Agreement to Joint Venture Five Oklahoma Hospitals

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Health Management Associates, Inc. (NYSE: HMA) today announced that it has executed a definitive agreement to joint venture five Oklahoma hospitals. The transaction is subject to normal and customary regulatory approvals and is expected to be completed by March 1, 2012. The Oklahoma hospitals to be joint ventured include: 53-bed Integris Blackwell Regional Hospital, located in Blackwell; 64-bed Integris Clinton Regional Hospital, located in Clinton; 25-bed Integris Marshall County Medical Center, located in Madill; 52-bed Integris Mayes County Medical Center, located in Pryor; and 32-bed Integris Seminole Medical Center, located in Seminole. Combined, these five hospitals total 226 licensed beds and generated approximately $95 million of revenue over the last twelve months. Under the joint venture, Health Management will own an 80% controlling interest in these five hospitals and will manage their operations.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!