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Mergers & Acquisitions

Health Management Associates negotiates purchase agreement

Published in Lab Law Weekly, January 27th, 2006

Health Management Associates, Inc., (HMA) announced that it has negotiated an agreement to acquire St. Joseph Hospital, in Augusta, Georgia.

The execution and closing of the purchase agreement are subject to the review and approval of the Georgia Attorney General's office pursuant to applicable state law.

"We are very excited about the opportunity to acquire St. Joseph Hospital and continue its long standing history of serving the growing healthcare needs of the Augusta, Georgia, community," said Joseph V. Vumbacco, president and CEO of HMA.

"Augusta is another example of the many attractive and rapidly growing communities in the...

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