About Health Management
The following is a list of frequently asked questions (FAQs). To read the answer to each question, please click on the question.
Questions:
Back to Top
Back to Top
| 3. | What is Health Management? |
| A: | Founded in 1977, Health Management is a premier operator of non-urban acute care hospitals throughout the United States, and primarily located in key markets in the Southeast. Health Management's mission is is to enable America's best local health care. The Company has a consistent track record of transforming underutilized hospitals into superior medical centers. Health Management, through its subsidiaries, currently operates 71 hospitals in 15 states with approximately 10,300 licensed beds.
Back to Top
|
| 4. | Where is Health Management stock listed? |
| A: | Health Management Associates, Inc. stock is listed on the New York Stock Exchange and can be found under the ticker symbol "HMA".
Back to Top |
| 5. | Who is Health Management's stock transfer agent? |
| A: | Health Management's stock transfer agent is American Stock Transfer & Trust Company. Feel free to contact their customer service department at:
American Stock Transfer & Trust Company |
| 6. | Who do I contact if I have a change of address or lost a stock certificate? |
| A: | Please contact American Stock Transfer & Trust Company at:
American Stock Transfer & Trust Company |
| 7. | Does the company currently pay a cash dividend? |
| A: | No, Health Management no longer pays a dividend. On March 1, 2007, Health Management paid a special $10.00 per share cash dividend. Health Management’s common stock started trading on the ex-dividend basis, approximately $10.00 lower, beginning on March 2, 2007, the date after the payment date, in accordance with NYSE listing rules.
The Company's regular quarterly dividend was suspended indefinitely at that time.. |
| 8. | What is Health Management's business strategy? |
| A: | The Company applies a proven formula for success in non-urban markets. Toward this end, Health Management seeks to:
|
| 9. | What markets does Health Management serve? |
| A: | Currently, the majority of Health Management's hospitals are located in the Southeast and Southwest.
Health Management has hospitals in 15 states:
Alabama Click on the link below to access an interactive map of our Hospital locations: Health Management Hospital Map Back to Top |
| 10. | What are Health Management's hospital acquisition criteria? |
| A: | The acquisition candidates must meet the following criteria:
|
| 11. | What differentiates Health Management from other hospital management organizations? |
| A: | Health Management has distinguished itself as a premier, niche operator of non-urban acute care medical hospitals with a talented, long-standing management team, a commitment to delivering high quality health care to the communities we serve, and improving financial results through disciplined financial operations. Health Management is implementing an operational strategy focused on improving emergency room operations, physician recruitment and market service development .
With 34 years of acquisition experience, proven infrastructure and proprietary systems, flexible partnership and ownership models, access to capital and a focus on quality and a patient-centered culture, Health Management is the pure-play acquiror of choice for non-urban hospitals. |
Back to Top
Back to Top
| 14. | In today's healthcare environment, how does Health Management plan to demonstrate sustained growth? |
| A: | Health Management's long term goal to sustain growth is to focus on the delivery of high quality healthcare services, and lead the industry in quality and customer satisfaction. while maintaining fiscal discipline. Health Management will seek to improve physician relationships through collaboration, develop strategic partnerships with other health care providers, rationalize its hospital portfolio, invest in core markets and concentrate its efforts toward improving our existing hospital operations while proactively seeking strategic whole-hospital partnerships and acquisitions. Back to Top |
| 15. | How does Health Management plan to increase the intrinsic value of its stock? |
| A: | Health Management's management maintains a strong focus on the development and implementation of plans to increase shareholder value. Such plans include:
|