Health Management Associates is on its way to forging its third deal this year after it was selected to begin negotiations with Bert Fish Medical Center, New Smyrna Beach, Fla.
The public Southeast Volusia Hospital District chose Naples, Fla.-based HMA over Daytona Beach-based Halifax Health.
The deal comes after Florida has added more oversight of public hospital sales and leases, and also required them to undertake self-evaluations of whether a takeover might be in their best interest. It's also the epilogue of the bungled deal between Bert Fish and Adventist Health System. Bert Fish's charitable foundation had successfully sued to stop that deal—arguing that it had been inked in secret and the process was biased in favor of Adventist—which prompted the measure for more openness on hospital takeovers.