Growth Strategies
Health Management broadens the range of our existing hospitals’ medical care to achieve organic growth. We also employ a disciplined acquisition strategy to grow in new communities that are in need of improved health care.
With regard to acquisitions, we look for hospitals located in growing non-urban areas of the Sun-Belt states. Because of favorable climates, these geographic areas attract a high number of senior citizens, who require a disproportionate amount of health care when compared to the nation’s population as a whole.
Growth History
In the early 1980’s, Health Management created the niche of revitalizing hospitals in non-urban areas, with populations between 30,000 and 400,000 people, as non-urban communities typically offer competitive advantages when compared to larger metro areas.
Oftentimes, specialty health care services are not available locally in non-urban communities, forcing residents to leave their smaller communities to seek advanced health care in major cities.
Consequently, after Health Management acquires a hospital, the potential to recapture this outmigration of patients is substantial because we recruit physicians to fill the specialty needs in our communities and invest in the necessary equipment to expand the breadth and level of services.