HMA Inc. earnings rise

Positive growth continues at Naples-based Health Management Associates Inc., driven by factors cited in the Business Review's latest story about the Fortune 500 company.

Net revenue for the first quarter of 2010 was $1.29 billion, up 10.3% from the $1.16 billion generated in the first quarter of 2009. That gain translated to a 26.7% year-over-year increase in earnings per share, which was $0.19 for the first three months of the year.

The growth is partly driven by the company's ability to improve upon its existing operations. For continuing operations at hospitals owned and operated by Health Management for one year or more, adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) showed a 7.4% year-over-year increase.