HMA brings in $1.3B in Q3

NAPLES -- Health Management Associates Inc. (symbol: HMA) saw third quarter revenues grow 12% to $1.4 billion, according to its latest earnings statement.

The Naples-based hospital management company posted $120.7 million in operating income in the third quarter, and $43.7 million in net income, after spending $50 million on interest payments and $22 million on taxes.

“We are pleased with the progress we are making in our emergency room operations, physician recruitment and market service development,” says CEO Gary Newsome in a company statement.