Seeking Alpha
 

Health Management Associates Inc. (HMA)

- NYSE
HMA is defunct.
  • Jun. 27, 2013, 12:31 PM
    Hospital companies are experiencing systemic shifts in care delivery, according to a new Fitch Ratings report. Persistently weak trends in organic volume growth were evident across the spectrum in the for-profit hospital sector in Q1, with same-hospital admissions dropping 3.8% on average. Healthcare utilization patterns are likely being influenced by the growth of insurance products with higher patient responsibility for medical costs, and a shift away from strictly volume-based pricing schemes and toward value-based care.
    | 1 Comment
  • Jun. 25, 2013, 3:20 PM
    Hedge fund Glenview Capital Management has ratcheted up its push for change at Health Management Associates (HMA -1.1%) by nominating eight candidates for a total overhaul of the hospital company's board. HMA's board, in response, says it's engaged Morgan Stanley to assist with its evaluation of strategic alternatives, and is reviewing Glenview's filings and will respond in due course.
    | Comment!
  • Jun. 12, 2013, 4:54 PM
    Health Management Associates (HMA) confirms that it's in discussions with advisors, saying that its board has engaged Morgan Stanley and Weil, Gotshal & Manges in connection with the accumulation of shares by Glenview Capital, as well as to consider all strategic alternatives available. HMA doesn't intend to disclose any further developments until it's appropriate. In addition, a committee has been formed to lead a search for potential candidates to replace Gary Newsome, who will be retiring effective July 31. Shares +2.5% AH.
    | Comment!
  • Jun. 12, 2013, 12:45 PM
    Midday top 10 gainers: CERE +73%. CTB +41%. SGOC +28%. ULTA +17%. GPRC +14%. SE +10%. UQM +9%. AFFY +9%. AMED +9%. HMA +9%.
    Midday top 10 Losers: IQNT -17%. KNDI -17%. CLSN -14%. TELK -12%. RLOG -12%. VRTB -11%. OSH -11%. CBAK -11%. ECTE -10%. CTC -10%.
    | 1 Comment
  • Jun. 12, 2013, 8:30 AM
    Deutsche Bank is fond of its Health Management (HMA) takeout thesis (previous) and now says "recent management turnover" and the activist agenda of the company's largest shareholder (Glenview, 13D filing) "significantly increase the probabilities HMA's board could put the company in play." $20/share seems like a reasonable figure to DB and based on analyst Darren Lehrich's recent note, Tenet (THC) could be the bidder. HMA upgraded to Buy (PT to $18 from $12). Shares +11.27% premarket.
    | Comment!
  • Jun. 6, 2013, 11:35 AM
    More interesting tidbits from Deutsche Bank's upgrade of Tenet Healthcare (THC +2.1%): Analyst Darren Lehrich (who spoke with management) says THC did not rule out "large-scale M&A (acquiring other investor-owned chains)," fueling some speculation about a deal for Health Management Associates (HMA +0.8%). A nice thought perhaps, but Lehrich says THC noted its recent strategy of "divesting rural assets," something HMA has a lot of.
    | Comment!
  • Jun. 6, 2013, 8:22 AM
    Credit Suisse puts out a positive note on non-urban hospitals, saying they are "uniquely positioned" for the U.S.'s healthcare reform. The sector has "the potential to reinvigorate growth elements of the rural market strategy that has historically translated to premium valuation relative to urban peers." CS upgrades LifePoint Hospitals (LPNT) to Outperform from Neutral and raises it target price to $60 from $48 vs yesterday's close of $48.64. The bank also ups its price target for Community Health Systems (CYH) to $61 from $55 vs a close of 47.09, and for Health Management Associates (HMA) to $16 from $12 vs $13.60.
    | Comment!
  • Jun. 4, 2013, 12:05 PM
    Health Management Associates (HMA +0.2%) settles in after the company presented at the Jefferies 2013 Global Healthcare Conference in New York this morning. The shares are active again today amid additional speculation that the company might be back on the bidding block. Bloomberg reported earlier that the retirement of CEO Gary D. Newsome now puts it in the spotlight as one of hottest takeover targets around. Community Health Systems (CYH -0.4%) is widely viewed to be the lead bidder.
    | Comment!
  • May. 31, 2013, 1:57 PM
    Health Management Associates (HMA +4%) move up amid chatter that fellow hospital operator Community Health (CYH +4.5%) might be looking to buy the company. Susquehanna says CYH's continued interest in acquiring assets with scale "implies it would be interested in acquiring HMA in a friendly, non- hostile process" though any deal is unlikely to be happen in the very near term.
    | Comment!
  • May. 28, 2013, 8:02 PM
    Health Management Associates (HMA) says its President and CEO Gary D. Newsome will retire and a search has begun for a replacement. Mr. Newsome ran the company for about five years, and is leaving to head the Uruguay-Montevideo Mission for the Mormon church in South America.
    | 1 Comment
  • May. 28, 2013, 3:06 PM
    Glenview Capital claims it does not intend to bid for Health Management (HMA +5.2%), which recently adopted a poison pill apparently in response to Glenview's conversion of its Schedule 13G filing (disclosing a 14.6% stake) to a Schedule 13D. "We wish to clarify that [we] have made no proposals, either to HMA or to any of its holdings," Glenview says
    | Comment!
  • May. 2, 2013, 4:15 PM
    Health Management (HMA): Q1 EPS of $0.13 beats by $0.02. Net Revenue of $1.48B. Shares -2.4% AH. (PR)
    | Comment!
  • May. 2, 2013, 12:10 AM
    Notable earnings after Thursday’s close: ACLS, ACTV, ADNC, AGNC, AIG, ALSK, AREX, ARNA, ATHN, BBG, BCOR, BERY, BRKR, CBI, CNQ, DNB, DOLE, DRIV, EGO, ELON, ELX, FBHS, FLR, FLT, GEOS, GHDX, GILD, GMED, GTY, HAIN, HI, HMA, HTGC, INVN, KOG, KRFT, LNKD, MKH, MTZ, MYL, NBIX, NFG, NILE, NSR, ONNN, OPEN, PKT, PWER, QLGC, SKUL, SPF, SPWR, SWN, TDC, THOR, TPX, TSYS, TTMI, WTW, WWWW, XL, ZAGG
    | Comment!
  • May. 1, 2013, 5:35 PM
    Notable earnings after Thursday’s close: ACLS, ACTV, ADNC, AGNC, AIG, ALSK, AREX, ARNA, ATHN, BBG, BCOR, BERY, BRKR, CBI, CNQ, DNB, DOLE, DRIV, EGO, ELON, ELX, FBHS, FLR, FLT, GEOS, GHDX, GILD, GMED, GTY, HAIN, HI, HMA, HTGC, INVN, KOG, KRFT, LNKD, MKH, MTZ, MYL, NBIX, NFG, NILE, NSR, ONNN, OPEN, PKT, PWER, QLGC, SKUL, SPF, SPWR, SWN, TDC, THOR, TPX, TSYS, TTMI, WTW, WWWW, XL, ZAGG
    | Comment!
  • Apr. 29, 2013, 10:08 AM
    Tenet Healthcare (THC +8.5%) moves sharply higher on a pair of upgrades, one from Baird (Outperform from Neutral) and one from UBS (Neutral to Buy). Medicare regulators issued a rule proposing a 0.8% reimbursement hike for hospitals Friday after the bell. Other hospital stocks moving higher in early trading: HCA +8% , HMA +5.9% .
    | Comment!
  • Apr. 29, 2013, 9:15 AM
    Premarket gainers: SINA +22%. CPTS +20%. PPHM +8%. NIHD +8%. THC +7%. PBR +6%. HCA +9%. HMA +5%. MCO +5%. RDN +5%.
    Losers: NTE -27%. GORO -9%. NBG -8%. RVLT -5%.
    | Comment!
Visit Seeking Alpha's
Company Description
Health Management Associates, Inc and its subsidiaries provides health care services to patients in owned and leased facilities located mainly in non-urban communities in the southeastern and southwestern United States.
Sector: Healthcare
Industry: Hospitals
Country: United States