Business Services Industry

Health Management Associates, Inc. Appoints Additional Leaders

Business Wire, August 13, 2007

NAPLES, Fla. -- Health Management Associates, Inc. (NYSE: HMA) ("HMA" or the "Company") announced today that Lisa Gore has joined HMA as its Senior Vice President of Clinical Affairs, a new position created by HMA to advance its position as a national leader in hospital quality and customer satisfaction. Lisa formerly served as Vice President of Quality and Outcomes at Triad Hospitals, Inc., until that company was acquired last month. Ms. Gore holds a BS in Clinical Health Administration from the University of Mississippi and is board certified in Quality, Risk Management, and Case Management.

Ms. Gore has been a member of the Professional Technical Advisory Committee (PTAC) of the Joint Commission on Accreditation for Healthcare Organizations (JCAHO), and is also a member of the Hospital Council of the National Quality Forum (NQF), a consensus-building entity responsible for developing evidence-based protocols that are submitted to the Centers for Medicare and Medicaid Services ("CMS") for approval and endorsement as Hospital Quality Alliance Indicators or Core Measures. In the most recent Core Measure results reported by CMS, the scores received by Ms. Gore's former company were among the highest of all the major hospital systems in the country.

HMA also announced that Douglas (Doug) E. Browning has joined the Company as a Vice President of Operations Finance and Division Chief Financial Officer (CFO). Doug previously served as Vice President and Division CFO of the largest operating division of Triad Hospitals, Inc. He holds a BS in Accounting from the University of Kentucky.

HMA owns and operates general acute care hospitals in non-urban communities located throughout the United States. HMA operates 59 hospitals in 15 states with approximately 8,500 licensed beds.

All references to "HMA" or the "Company" used in this release refer to Health Management Associates, Inc. or its affiliates.

Certain statements contained in this release, including, without limitation, statements containing the words "believes," "anticipates," "intends," "expects," "optimistic," and words of similar import, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may include projections of revenue, income or loss, capital expenditures, capital structure, or other financial items, statements regarding the plans and objectives of management for future operations, statements of future economic performance, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact.

Statements made throughout this release are based on current estimates of future events, and HMA has no obligation to update or correct these estimates. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially as a result of these various factors.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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