Tuesday, April 24, 2007

Health Management's profit off

(Reuters) - CHICAGO, April 24 - Health Management Associates, one of the biggest U.S. hospital chains, posted a 25 percent drop in quarterly profit on Tuesday, weighed down by unpaid medical bills and fewer patient admissions.

First-quarter profit fell to $65 million, or 27 cents per share, from $87.2 million, or 36 cents per share, a year earlier.


Read more at Reuters.com Market News

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