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HMA sets Jan. 8 vote on CHS deal

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A proposed merger with Community Health Systems Inc. that has gotten the nod from two separate Health Management Associates Inc. boards of directors will go to HMA shareholders on Jan. 8.

HMA, based in Florida, currently operates 71 hospitals in 15 states, including three local facilities: Carlisle Regional Medical Center, Lancaster Regional Medical Center and Heart of Lancaster Regional Medical Center.

CHS, based in Tennessee, currently owns, leases or operates 135 hospitals in 29 states, including one local facility, Memorial Hospital in York.

HMA shareholder approval of at least 70 percent is required for the merger to proceed. Final regulatory approval would also be needed.

CHS and HMA are listed for trading on the New York Stock Exchange under the symbols CYH and HMA.

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