Advertisement
YOU ARE HERE: LAT HomeCollectionsAmerican Medical International
IN THE NEWS

American Medical International

FEATURED ARTICLES
BUSINESS
October 21, 1985 | JUBE SHIVER Jr., Times Staff Writer
The belt tightening gripping the nation's health-care system struck close to home last week as Beverly Hills-based American Medical International disclosed that it was trimming its staff, cutting some employee hours and reducing promised raises to managers.
ARTICLES BY DATE
Advertisement
BUSINESS
October 9, 1989 | From United Press International
IMA Holdings Corp. said today it has reached a reduced $1.7-billion merger deal of $26.50 a share with the American Medical International Inc. hospital chain. IMA, an investment group that includes Chicago's Pritzker family and First Boston Corp., will be buying a chain that has 54 U.S. hospitals and 24 overseas. It will also assume about $1.3 billion in debt. IMA originally agreed in July to pay $1.
BUSINESS
June 9, 1993 | From Times Staff and Wire Reports
American Medical Wins $12-Million Judgment: A federal jury in Los Angeles awarded American Medical International, a Dallas-based hospital company, $12 million in a bad-faith lawsuit against National Union Fire Insurance Co., according to lawyers for AMI. The lawsuit stemmed from a 1991 case in which AMI had paid $16 million to settle a legal dispute with a major stockholder.
BUSINESS
January 17, 1989 | GEORGE WHITE, Times Staff Writer
American Medical International reported Monday that its earnings plummeted in the latest quarter to $440,000 from $39.2 million in the same period of the previous year. The hospital management company blamed most of the decline on one-time expenses of $13 million to bolster its malpractice insurance reserve and $11 million to cancel office leases. The financial results, for AMI's first fiscal quarter ended Nov. 30, were reported on the same day that Richard A.
BUSINESS
January 28, 1986
Louis M. Sullivan, president and dean of the Morehouse School of Medicine in Atlanta, has been elected a director of American Medical International, Beverly Hills.
NEWS
March 14, 1985
Jerry E. Gillman has been appointed executive director of Memorial Hospital of Hawthorne. For the past five years, Gillman has been a San Diego-area executive with American Medical International, the international operator of for-profit hospitals and health care centers that owns Memorial.
BUSINESS
October 12, 1989 | GEORGE WHITE, TIMES STAFF WRITER
American Medical International, already the subject of a $1.67-billion acquisition bid from a private investor group, disclosed Wednesday that two other parties may make offers to buy the company. The Beverly Hills-based hospital management firm refused to identify the potential suitors and said it had not yet decided whether to make offers that would top IMA Acquisition Corp.'s bid. That investor group includes Chicago's Pritzker family and First Boston Corp.
BUSINESS
October 9, 1989 | From United Press International
IMA Holdings Corp. said today it has reached a reduced $1.7-billion merger deal of $26.50 a share with the American Medical International Inc. hospital chain. IMA, an investment group that includes Chicago's Pritzker family and First Boston Corp., will be buying a chain that has 54 U.S. hospitals and 24 overseas. It will also assume about $1.3 billion in debt. IMA originally agreed in July to pay $1.
Los Angeles Times Articles
|