Tri-Lakes Medical Center acquisition completed

by

Published: May 3,2011

Tags: healthcare, hospitals, mergers and acquisitions

BATESVILLE — A subsidiary of Health Management Associates Inc. has completed the transaction to partner with the current physician owners of the 112-bed Tri-Lakes Medical Center located in Batesville.

Under the joint venture, Health Management will own a 95 percent controlling interest in Tri-Lakes and manage its operations.

Gary D. Newsome, president and CEO of Naples, Fla.-based Health Management, said, “We believe Tri-Lakes offers us the opportunity to apply our proven operating initiatives in the emergency room, physician recruitment and market service development to improve efficiency, quality and access to care, and we are eager to begin serving the residents of Batesville and the greater Panola County region.”

Source: Health Management Associates Inc.

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

Still planning that summer vacation?

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

FOLLOW THE MBJ ON TWITTER

Top Posts & Pages

%d bloggers like this: