The buyers' representatives in the acquisition spree include:
American Medical International: Terry Linn, vice president of development. Before joining AMI last year, Mr. Linn was a partner in charge of southern healthcare consulting practice for Ernst & Young. He was based in Charlotte, N.C. AMI's focus is primarily in urban markets.
Columbia/HCA Healthcare Corp.: Joseph D. Moore, senior vice president of development. Before Hospital Corporation of America merged with Columbia in February, Mr. Moore was senior vice president of finance and development at HCA. Obviously, his acquisition/development activity will pick up under the Columbia/HCA banner. Another top executive, Sheldon Lutz, handles Columbia/HCA's acquisitions, which are primarily in urban markets where the company already has some hospitals and is trying to increase its network.
Community Health Systems: Tyree G. Wilburn, senior vice president and chief development officer. Before joining Community in 1992, Mr. Wilburn had been with Humana for 18 years. Although the chain is based in Houston, Mr. Wilburn works in Nashville, Tenn., and looks for hospitals in suburban or rural markets with service populations of from 25,000 to 75,000.
Healthtrust-The Hospital Co.: Richard E. Francis Jr., senior vice president for development since 1992. He became a vice president at Healthtrust in 1990, and before that he was development director at HCA. The 115-hospital chain has hospitals in both urban and rural settings and has been active in the acquisition of not-for-profits.
Health Management Associates: Earl Holland, chief operating officer in charge of operations and acquisitions. Mr. Holland has headed the acquisition efforts of this Naples, Fla.-based chain since 1989. He joined HMA in 1981 as senior vice president of operations. Before that he was with Louisville, Ky.-based Humana. HMA's strategy is to be the big fish in a small pond, buying non-urban hospitals with turnaround potential.
OrNda HealthCorp: Douglas B. Lewis, vice president in charge of acquisitions and development. Before joining OrNda in 1992, Mr. Lewis worked for the Linc Group, a healthcare financing and medical equipment leasing company. Before that, he was a vice president at HCA, working on acquisitions. OrNda has focused on buying investor-owned hospitals, but that could change as the chain adjusts its mix of 48 hospitals.
Quorum Health Group: Roland P. Richardson, 46, is vice president of acquisitions. A certified public accountant, Mr. Richardson has headed Nashville, Tenn.-based Quorum's acquisition efforts since 1990. Previously, Mr. Richardson was vice president of finance and administration for HCA Management Co., Quorum's predecessor. Quorum is raising as much as $100 million through an initial public offering. After the offering, Quorum will have more than $80 million available for acquisitions. Its strategy is to buy 100- to 400-bed hospitals in medium-sized markets.