Health Management Associates, Inc.

Health Management Associates, Inc., formerly based in Naples FL and later sold to CHS in 2013, was a leading operator of general acute care, non-urban hospitals in the United States, with a focus on the Southeast and Southwest regions. Founded in 1977, the company initially aimed to own, lease, and manage hospitals nationwide, and later shifted its focus to acquiring and reviving underperforming hospitals in attractive non-urban areas. By the time of its acquisition in 2013, Health Management Associates operated 71 hospitals in 15 states, boasting approximately 8,000 licensed beds and an employee base of 32,000 associates, along with an extensive medical staff of approximately 8,000 physicians.

With a strong presence in the Health Care industry, the company catered to a crucial niche by providing acute-care medical services. Although no recent investment information or investor details are available, Health Management Associates' operations and extensive reach made it an attractive prospect in the healthcare sector. The sale of Health Management Associates to Community Health Systems reflects the company's strategic alignment and potential for growth within the broader healthcare landscape.