Glenview takes HMA to the Web


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  • | 7:28 a.m. July 15, 2013
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Like many hedge funds, Glenview Capital Management prefers to stay out of the spotlight when it comes to managing its investments.

But the New York-based fund that manages $6 billion is making a big splash while seeking to replace the board of directors of Health Management Associates, the Naples-based operator of 71 hospitals. It has created a special website to make its case: RevitalizeHMA.com.

It was only in June that Glenview says it sought to work behind the scenes to urge management changes at HMA. Glenview owns 14.6% of HMA's publicly traded stock.

 

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