HMA acquires Okla. hospitals

NAPLES -- Health Management Associates Inc. (symbol: HMA) agreed to acquire an 80% controlling interest in five Oklahoma hospitals, through a joint venture with Integris Health.

The five hospitals represent an addition of $95 million to HMA's expected annual revenues, a slight increase for a company with more than $5.5 billion in revenues over the past 12 months.

The Oklahoma hospitals being acquired are: Blackwell Regional Hospital, in Blackwell; Integris Clinton Regional Hospital, in Clinton; Integris Marshall County Medical Center, in Madill; Integris Mayes County Medical Center, in Pryor; and Integris Seminole Medical Center, in Seminole. The five hospitals offer a total of 226 licensed beds.