Health Management Reports 13.3% Net Revenue Increase in Q3

Naples, Fla.-based Health Management Associates has announced its third-quarter 2010 results, with a net revenue increase of 13.3 percent compared to last year, according to a Health Management Associates news release.

Advertisement

The reported net revenue for third-quarter 2010 was $1.27 billion, compared to $1.12 billion for the same quarter in 2009. Admissions increased 4.9 percent, and adjusted admissions grew 8.4 percent in the third quarter compared to a year ago.

Through its subsidiaries, Health Management operates 60 general acute-care hospitals, with approximately 9,000 licensed beds, in non-urban communities located throughout the United States.

Read the news release on Health Management’s third quarter financial results.

Read about other healthcare company finances:

HCA Net Income Doubles in Q2

Kaiser Permanente’s First-Quarter Profits Up; Earnings from Operations Down

Tenet Reports First Quarter 2010 Earnings

At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.

Advertisement

Next Up in Leadership & Management

  • Baylor College of Medicine and Texas Children’s Hospital established an affiliation more than 70 years ago in the Texas Medical…

  • Fitch revised Ontario, Calif.-based Prime Healthcare Services’ outlook to positive and affirms its “B” rating.  The revised outlook reflects Fitch’s…

  • Brentwood, Tenn.-based Lifepoint Health, a health system owned by private equity firm Apollo Global Management, has largely grown over the…

Advertisement

Comments are closed.