Health Management Associates, Inc. (NYSE:HMA)
CAPS Rating:
Through its subsidiaries, owns & operates general acute care hospitals in non-urban communities. Services are general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care & pediatric services.
RSS Headlines
Fool UK
Recs
I have read a lot about the bad debt issues with hospitals and am ready to put a long-term outperform on HMA, arguably one of the best managed hospital chains out there in spite of them as I think it is priced into the stock already. I've owned HMA before and lost money on it because I bought too early imho but my gut says it is time to buy.
These guys do seem to have a knack for buying poorly run hospitals on the cheap and turning them into fairly profitable units that add to the bottom line long-term. No fear that hospitals are going away there either :).