An upcoming Pennsylvania Health Care Cost Containment Council report could identify takeover targets for Health Management Associates and other forprofit hospital companies.
The report, due to be released in April, will examine the financial strength of general, acute-care hospitals statewide. Hospitals that show sustained losses might become acquisition targets for companies such as HMA, said Nancy Bell of the Hospital & Healthsystem Association of Pennsylvania.
"There are only so many years that you can have continuing losses before you get into a bind," said Bell, vice president of health care finance and insurance for the Swatara Township, Dauphin County-based …
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