Health Management Associates, Inc. Acquires Wuesthoff Health System for $152 Million

Health Management Associates, Inc. HMA today announced that subsidiaries of Health Management acquired the 413-bed Wuesthoff Health System for approximately $152 million, which includes amounts for working capital adjustments. The transaction is effective as of October 1, 2010. The Wuesthoff Health System is comprised of two hospitals, the 298-bed Wuesthoff Medical Center-Rockledge, located in Rockledge, Florida and the 115-bed Wuesthoff Medical Center-Melbourne, located in Melbourne, Florida, as well as other successful facilities providing a continuum of care.