Health Management Associates, based in Naples, Fla., expects its net revenue from the fourth quarter of the year ended Dec. 31, 2011, to total approximately $1.58 billion.
Health Management's preliminary results also indicate an adjusted EBITDA of between $231 million and $236 million in the fourth quarter of 2011. From continuing same hospital operations, compared to the fourth quarter of 2010, the for-profit hospital company expects surgeries to increase from 0.5 percent to 1 percent and admissions to decrease from 1 percent to 1.5 percent.
For the 2011 calendar, Health Management expects to report net revenue of roughly $5.8 billion. Net income figures were not included in the preliminary results.
Although Health Management has not specified a date it will release its financial results, it is expected they will be released within the next month.
Health Management's preliminary results also indicate an adjusted EBITDA of between $231 million and $236 million in the fourth quarter of 2011. From continuing same hospital operations, compared to the fourth quarter of 2010, the for-profit hospital company expects surgeries to increase from 0.5 percent to 1 percent and admissions to decrease from 1 percent to 1.5 percent.
For the 2011 calendar, Health Management expects to report net revenue of roughly $5.8 billion. Net income figures were not included in the preliminary results.
Although Health Management has not specified a date it will release its financial results, it is expected they will be released within the next month.
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