Health Management Associates, Inc. Announces Second Quarter 2012 Earnings Conference Call and Webcast

NAPLES, Fla.--(BUSINESS WIRE)--

Health Management Associates, Inc. (HMA) announced today that on July 23, 2012 it will report results for its second quarter ended June 30, 2012.

Health Management will issue a press release after the market closes on Monday, July 23, 2012. At 11:00 a.m. (ET), the next day, Tuesday, July 24, 2012, management will host a conference call to discuss results in further detail. All interested investors are invited to participate in the conference call.

This conference call will also be simulcast on the Internet. To access the webcast, interested investors should go to the Investor Relations section of Health Management’s website located at www.hma.com or to www.streetevents.com. A replay of the conference call will be available on HMA’s website.

Health Management enables America's best local health care by providing the people, processes, capital and expertise necessary for its hospital and physician partners to fulfill their local missions of delivering superior health care services. Health Management, through its subsidiaries, operates 70 hospitals, with approximately 10,600 licensed beds, in non-urban communities located throughout the United States.

All references to "Health Management" and the “Company” used in this release refer to Health Management Associates, Inc. and its affiliates.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," “intends,” "plans," “may,” “continues,” “should,” "could" and other similar words. All statements addressing operating performance, events or developments that Health Management Associates, Inc. expects or anticipates will occur in the future, including but not limited to incurrence of indebtedness, projections of revenue, income or loss, capital expenditures, earnings per share, debt structure, bad debt expense, capital structure, repayment of indebtedness, the amount and timing of funds under the meaningful use measurement standard of various Healthcare Information Technology (“HCIT”) incentive programs, other financial items and operating statistics, statements regarding the plans and objectives of management for future operations, innovations, or market service development, statements regarding acquisitions, joint ventures, divestitures and other proposed or contemplated transactions (including but not limited to statements regarding the potential for future acquisitions and perceived benefits of acquisitions), statements of future economic performance, statements regarding legal proceedings and other loss contingencies, statements regarding market risk exposures, statements regarding the effects and/or interpretations of recently enacted or future health care laws and regulations, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact, are considered to be "forward-looking statements."

Because they are forward-looking, such statements should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Health Management Associates, Inc.'s most recent Annual Report on Form 10-K, including under the heading entitled "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of Health Management Associates, Inc.'s underlying assumptions prove incorrect, actual results could vary materially from those currently anticipated. In addition, undue reliance should not be placed on Health Management Associates, Inc.'s forward-looking statements. Except as required by law, Health Management Associates, Inc. disclaims any obligation to update its risk factors or to publicly announce updates to the forward-looking statements contained in this press release to reflect new information, future events or other developments.

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Health Management Associates, Inc. Completes Transaction to Joint Venture Five INTEGRIS Health Oklahoma Hospitals

Health Management Associates, Inc. (NYSE: HMA) today announced that subsidiaries of Health Management have completed a transaction to joint venture five INTEGRIS Health Oklahoma hospitals. Under the joint venture, Health Management will own an 80% controlling interest in the five hospitals and manage the day-to-day operations. The transaction was effective April 1, 2012.

The INTEGRIS Health hospital partners include: 53-bed Integris Blackwell Regional Hospital, located in Blackwell; 64-bed Integris Clinton Regional Hospital, located in Clinton; 25-bed Integris Marshall County Medical Center, located in Madill; 52-bed Integris Mayes County Medical Center, located in Pryor; and 32-bed Integris Seminole Medical Center, located in Seminole. Combined, these five hospitals total 226 licensed beds and generated approximately $95 million of net revenue, before the provision for doubtful accounts, over the last twelve months.

“We are very pleased to partner with INTEGRIS Health and welcome these five hospitals into the Health Management family,” said Gary D. Newsome, President and Chief Executive Officer of Health Management. “INTEGRIS Health is known for delivering outstanding health care, and has tremendous recognition in Oklahoma, with approximately six out of every ten Oklahomans residing within 30 miles of an INTEGRIS Health facility. We are very eager to work together with INTEGRIS Health to enhance patient outcomes, improve access and enable America’s best local health care in each of these respective communities.”

Health Management enables America's best local health care by providing the people, processes, capital and expertise necessary for its hospital and physician partners to fulfill their local missions of delivering superior health care services. Health Management, through its subsidiaries, operates 71 hospitals, with approximately 10,600 licensed beds, in non-urban communities located throughout the United States.

All references to "Health Management" and the “Company” used in this release refer to Health Management Associates, Inc. and its affiliates.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," “intends,” "plans," “may,” “continues,” “should,” "could" and other similar words. All statements addressing operating performance, events or developments that Health Management Associates, Inc. expects or anticipates will occur in the future, including but not limited to incurrence of indebtedness, projections of revenue, income or loss, capital expenditures, earnings per share, debt structure, bad debt expense, capital structure, repayment of indebtedness, the amount and timing of funds under the meaningful use measurement standard of various Healthcare Information Technology (“HCIT”) incentive programs, other financial items and operating statistics, statements regarding the plans and objectives of management for future operations, innovations, or market service development, statements regarding acquisitions, joint ventures, divestitures and other proposed or contemplated transactions (including but not limited to statements regarding the potential for future acquisitions and perceived benefits of acquisitions), statements of future economic performance, statements regarding legal proceedings and other loss contingencies, statements regarding market risk exposures, statements regarding the effects and/or interpretations of recently enacted or future health care laws and regulations, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact, are considered to be "forward-looking statements."

Because they are forward-looking, such statements should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Health Management Associates, Inc.'s most recent Annual Report on Form 10-K, under the heading entitled "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of Health Management Associates, Inc.'s underlying assumptions prove incorrect, actual results could vary materially from those currently anticipated. In addition, undue reliance should not be placed on Health Management Associates, Inc.'s forward-looking statements. Except as required by law, Health Management Associates, Inc. disclaims any obligation to update its risk factors or to publicly announce updates to the forward-looking statements contained in this press release to reflect new information, future events or other developments.

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Health Management Associates, Inc. to Present at the Leerink Swan 2012 Global Healthcare Conference

NAPLES, Fla.--(BUSINESS WIRE)--

Health Management Associates, Inc. (NYSE: HMA - News) announced today that its management will present at the Leerink Swan 2012 Global Healthcare Conference to be held February 15-16, 2012 at The Waldorf=Astoria in New York City.

Health Management’s senior leaders will present on Thursday, February 16, 2012 at 1:30 PM ET. The presentation will be webcast live over the Internet via Health Management's website (http://www.hma.com). Listeners are encouraged to go to the Investor Relations section of Health Management's website approximately five minutes prior to the event to register and download any necessary media player software.

Health Management enables America's best local health care by providing the people, processes, capital and expertise necessary for its hospital and physician partners to fulfill their local missions of delivering superior health care services. Health Management, through its subsidiaries and upon completion of the previously announced Integris joint venture transaction, will operate 71 hospitals, with approximately 10,600 licensed beds, in non-urban communities located throughout the United States.

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

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "plans," "could" and other similar words. All statements addressing operating performance, events or developments that Health Management Associates, Inc. expects or anticipates will occur in the future, including but not limited to incurrence of indebtedness, projections of revenue, income or loss, capital expenditures, earnings per share, debt structure, bad debt expense, capital structure, repayment of indebtedness, other financial items and operating statistics, statements regarding the plans and objectives of management for future operations, innovations, or market service development, statements regarding acquisitions, joint ventures, divestitures and other proposed or contemplated transactions (including but not limited to statements regarding the potential for future acquisitions and perceived benefits of acquisitions), statements of future economic performance, statements regarding the effects and/or interpretations of recently enacted or future health care laws and regulations, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact, are considered to be "forward-looking statements."

Because they are forward-looking, such statements should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Health Management Associates, Inc.'s most recent Annual Report on Form 10-K, and its most recent Quarterly Report on Form 10-Q, under the headings entitled "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of Health Management Associates, Inc.'s underlying assumptions prove incorrect, actual results could vary materially from those currently anticipated. In addition, undue reliance should not be placed on Health Management Associates, Inc.'s forward-looking statements. Except as required by law, Health Management Associates, Inc. disclaims any obligation to update its risk factors or to publicly announce updates to the forward-looking statements contained in this press release to reflect new information, future events or other developments.

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Health Management Associates Inc. Fourth Quarter Earnings Sneak Peek

Health Management Associates, Inc. will unveil its latest earnings on Monday, February 13, 2012. Health Management Associates and its subsidiaries provide health care services to patients in owned and leased facilities located mainly in non-urban communities in the southeastern and southwestern United States.

Health Management Associates, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 21 cents per share, a rise of 31.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 20 cents. Between one and three months ago, the average estimate moved down. It has risen from 19 cents during the last month. For the year, analysts are projecting profit of 80 cents per share, a rise of 23.1% from last year.

Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of 19 cents per share versus a mean estimate of profit of 17 cents per share.

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

Wall St. Revenue Expectations: Analysts are projecting a rise of 17% in revenue from the year-earlier quarter to $1.58 billion.

Analyst Ratings: Analysts are bullish on this stock with 13 analysts rating it as a buy, none rating it as a sell and seven rating it as a hold.

A Look Back: In the third quarter, profit rose 23.9% to $43.7 million (17 cents a share) from $35.3 million (14 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 10.2% to $1.4 billion from $1.27 billion.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 22.6% in the second quarter and 18.3% in the first quarter.

Revenue has risen the past four quarters. Revenue rose 11.8% in the second quarter from the year earlier, climbed 11.6% in the first quarter from the year-ago quarter and 9.4% in the fourth quarter of the last fiscal year.

Stock Price Performance: During November 9, 2011 to February 7, 2012, the stock price had fallen $1.85 (-21%) from $8.80 to $6.95. The stock price saw one of its best stretches over the last year between January 17, 2012 and January 25, 2012 when shares rose for seven-straight days, rising 15.7% (+91 cents) over that span. It saw one of its worst periods between November 11, 2011 and November 25, 2011 when shares fell for 10-straight days, falling 18.4% (-$1.68) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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Health Management Associates, Inc. Executes Definitive Agreement to Joint Venture Five Oklahoma Hospitals

NAPLES, Fla.--(BUSINESS WIRE)--

Health Management Associates, Inc. (NYSE: HMA - News) today announced that it has executed a definitive agreement to joint venture five Oklahoma hospitals. The transaction is subject to normal and customary regulatory approvals and is expected to be completed by March 1, 2012.

The Oklahoma hospitals to be joint ventured include: 53-bed Integris Blackwell Regional Hospital, located in Blackwell; 64-bed Integris Clinton Regional Hospital, located in Clinton; 25-bed Integris Marshall County Medical Center, located in Madill; 52-bed Integris Mayes County Medical Center, located in Pryor; and 32-bed Integris Seminole Medical Center, located in Seminole. Combined, these five hospitals total 226 licensed beds and generated approximately $95 million of revenue over the last twelve months. Under the joint venture, Health Management will own an 80% controlling interest in these five hospitals and will manage their operations.

“We are very excited about the opportunity to partner with Integris Health and broaden our network of services in Oklahoma,” said Gary D. Newsome, President and Chief Executive Officer of Health Management. “We are looking forward to working together with the physicians, medical professionals, and hospitals staffs to continue their more than 50 year history of delivering high quality health care to Oklahomans throughout the state. We will work together with Integris to enhance patient outcomes, improve access and enable America’s best local health care in each of these respective hospitals.”

Health Management enables America's best local health care by providing the people, processes, capital and expertise necessary for its hospital and physician partners to fulfill their local missions of delivering superior health care services. Health Management, through its subsidiaries, upon completion of this transaction, will operate 71 hospitals, with approximately 10,700 licensed beds, in non-urban communities located throughout the United States.

All references to "Health Management" and the “Company” used in this release refer to Health Management Associates, Inc. and its affiliates.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "plans," "could" and other similar words. All statements addressing operating performance, events or developments that Health Management Associates, Inc. expects or anticipates will occur in the future, including but not limited to incurrence of indebtedness, projections of revenue, income or loss, capital expenditures, earnings per share, debt structure, bad debt expense, capital structure, repayment of indebtedness, other financial items and operating statistics, statements regarding the plans and objectives of management for future operations, innovations, or market service development, statements regarding acquisitions, joint ventures, divestitures and other proposed or contemplated transactions (including but not limited to statements regarding the potential for future acquisitions and perceived benefits of acquisitions), statements of future economic performance, statements regarding the effects and/or interpretations of recently enacted or future health care laws and regulations, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact, are considered to be "forward-looking statements."

Because they are forward-looking, such statements should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Health Management Associates, Inc.'s most recent Annual Report on Form 10-K, and its most recent Quarterly Report on Form 10-Q, under the headings entitled "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of Health Management Associates, Inc.'s underlying assumptions prove incorrect, actual results could vary materially from those currently anticipated. In addition, undue reliance should not be placed on Health Management Associates, Inc.'s forward-looking statements. Except as required by law, Health Management Associates, Inc. disclaims any obligation to update its risk factors or to publicly announce updates to the forward-looking statements contained in this press release to reflect new information, future events or other developments.

View the original article here

Health Management Associates, Inc. to Present at the UBS 22nd Annual Global Healthcare Services Conference

NAPLES, Fla.--(BUSINESS WIRE)-- Health Management Associates, Inc. (NYSE:HMA - News) announced today that its management will present at the UBS 22nd Annual Global Healthcare Services Conference to be held February 7-8, 2012 at the Grand Hyatt New York in New York City.

Health Management’s senior leaders will present on Wednesday, February 8, 2012 at 10:30 AM ET. The presentation will be webcast live over the Internet via Health Management's website (http://www.hma.com). Listeners are encouraged to go to the Investor Relations section of Health Management's website approximately five minutes prior to the event to register and download any necessary media player software.

Health Management enables America’s best local health care by providing the people, processes, capital and expertise necessary for its hospital and physician partners to fulfill their local missions of delivering superior health care services. Health Management, through its subsidiaries, operates 66 hospitals, with approximately 10,400 licensed beds located throughout the United States.

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

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "plans," "could" and other similar words. All statements addressing operating performance, events or developments that Health Management Associates, Inc. expects or anticipates will occur in the future, including but not limited to incurrence of indebtedness, projections of revenue, income or loss, capital expenditures, earnings per share, debt structure, bad debt expense, capital structure, repayment of indebtedness, other financial items and operating statistics, statements regarding the plans and objectives of management for future operations, innovations, or market service development, statements regarding acquisitions, joint ventures, divestitures and other proposed or contemplated transactions (including but not limited to statements regarding the potential for future acquisitions and perceived benefits of acquisitions), statements of future economic performance, statements regarding the effects and/or interpretations of recently enacted or future health care laws and regulations, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact, are considered to be "forward-looking statements."

Because they are forward-looking, such statements should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Health Management Associates, Inc.'s most recent Annual Report on Form 10-K, and its most recent Quarterly Report on Form 10-Q, under the headings entitled "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of Health Management Associates, Inc.'s underlying assumptions prove incorrect, actual results could vary materially from those currently anticipated. In addition, undue reliance should not be placed on Health Management Associates, Inc.'s forward-looking statements. Except as required by law, Health Management Associates, Inc. disclaims any obligation to update its risk factors or to publicly announce updates to the forward-looking statements contained in this press release to reflect new information, future events or other developments.

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Health Management Associates Appoints Paul Hurst as Senior Vice President of Government Relations

Mon, Jan 30, 2012, 4:49 PM EST - U.S. Markets closed

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Health Management Associates Names John M. Starcher, Jr. as Eastern Group President

Thu, Jan 26, 2012, 5:49 PM EST - U.S. Markets closed

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Health Management Associates, Inc. Provides Additional Information Pertaining to Recently Announced General Counsel ...

NAPLES, Fla.--(BUSINESS WIRE)-- Health Management Associates, Inc. (NYSE: HMA - News) announced today that it is providing additional information pertaining to the January 10, 2012 Securities and Exchange Commission’s (“SEC”) Form 8-K filing announcing Timothy R. Parry’s resignation as General Counsel and Secretary.

On January 16, 2012, Health Management’s Senior Vice President of Human Resources, Patrick Lombardo, received a letter from Timothy R. Parry, indicating Mr. Parry’s intent to clarify that his departure from Health Management was based on personal reasons alone and that any speculation that it was related to the Meyer vs. Health Management Associates, Inc. wrongful termination litigation is entirely incorrect.

The text of the letter, in its entirety, follows:

“Dear Patrick:

Unfortunately, it appears the media and stock market wrongly connected my departure from the Company with the Company’s litigation in the Paul Meyer case.

It is my intent with this letter to hopefully clear up and end this speculation. Let me be clear – I resigned from the Company purely for personal reasons, my reasons are my reasons alone, and they have absolutely nothing to do with the Meyer case.

Sincerely,

S/ Timothy R. Parry

Timothy R. Parry”

“Tim has been a valued member of Health Management’s leadership team for the past 16 years, serving as General Counsel for 14 of those years. We are grateful for his years of service to our Company and wish him the very best,” said Gary D. Newsome, President and Chief Executive Officer of Health Management Associates, Inc. “We will continue our search for a new General Counsel and get back to the task at hand, enabling America’s best local healthcare.”

The Meyer v. Health Management Associates, Inc. lawsuit recently received public attention that inaccurately characterized the parties’ allegations and legal claims against each other. “Paul Meyer, as a former Health Management employee, has filed an individual wrongful termination lawsuit,” explains Susan J. Toepfer, Esq., defense counsel for Health Management in the Meyer lawsuit. “The facts will show that Meyer was terminated for insubordinately refusing to cooperate with Health Management’s efforts to comply with its legal obligations under a government subpoena. More specifically, Meyer refused to return documents that were company property and were necessary for Health Management to continue its full and complete cooperation with the government’s request for information.”

The failure of any employee, in this case Meyer, to fully and completely cooperate with the company in response to a subpoena is so fundamentally adverse to the intent and purpose of our compliance department and program that Health Management took immediate and decisive action to terminate Meyer. The facts in the Meyer case will establish that it is Health Management’s wholehearted commitment to full and complete compliance that led to Meyer’s termination.

“Health Management takes very seriously and is committed to ensuring that its hospitals and associates are compliant with all federal and state rules and regulations,” added Newsome. “Based upon this long-standing commitment, Health Management has established and maintained a robust compliance program and policies, as well as a compliance department with a highly qualified staff headed by former FBI agent, Matt Tormey, Vice President of Compliance and Security. Mr. Tormey has a direct reporting line to the Health Management Board of Directors, through the audit committee and the CEO, as the integrity of the organization is of paramount importance.”

Health Management enables America's best local health care by providing the people, processes, capital and expertise necessary for its hospital and physician partners to fulfill their local missions of delivering superior health care services. Health Management, through its subsidiaries, operates 66 hospitals, with approximately 10,400 licensed beds, in non-urban communities located throughout the United States.

All references to "Health Management" and the “Company” used in this release refer to Health Management Associates, Inc. and its affiliates.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "plans," "could" and other similar words. All statements addressing operating performance, events or developments that Health Management Associates, Inc. expects or anticipates will occur in the future, including but not limited to incurrence of indebtedness, projections of revenue, income or loss, capital expenditures, earnings per share, debt structure, bad debt expense, capital structure, repayment of indebtedness, other financial items and operating statistics, statements regarding the plans and objectives of management for future operations, innovations, or market service development, statements regarding acquisitions, joint ventures, divestitures and other proposed or contemplated transactions (including but not limited to statements regarding the potential for future acquisitions and perceived benefits of acquisitions), statements of future economic performance, statements regarding the effects and/or interpretations of recently enacted or future health care laws and regulations, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact, are considered to be "forward-looking statements."

Because they are forward-looking, such statements should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Health Management Associates, Inc.'s most recent Annual Report on Form 10-K, and its most recent Quarterly Report on Form 10-Q, under the headings entitled "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of Health Management Associates, Inc.'s underlying assumptions prove incorrect, actual results could vary materially from those currently anticipated. In addition, undue reliance should not be placed on Health Management Associates, Inc.'s forward-looking statements. Except as required by law, Health Management Associates, Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.

View the original article here

Health Management Associates, Inc. Provides Additional Information Pertaining to Recently Announced General Counsel ...

NAPLES, Fla.--(BUSINESS WIRE)-- Health Management Associates, Inc. (NYSE: HMA - News) announced today that it is providing additional information pertaining to the January 10, 2012 Securities and Exchange Commission’s (“SEC”) Form 8-K filing announcing Timothy R. Parry’s resignation as General Counsel and Secretary.

On January 16, 2012, Health Management’s Senior Vice President of Human Resources, Patrick Lombardo, received a letter from Timothy R. Parry, indicating Mr. Parry’s intent to clarify that his departure from Health Management was based on personal reasons alone and that any speculation that it was related to the Meyer vs. Health Management Associates, Inc. wrongful termination litigation is entirely incorrect.

The text of the letter, in its entirety, follows:

“Dear Patrick:

Unfortunately, it appears the media and stock market wrongly connected my departure from the Company with the Company’s litigation in the Paul Meyer case.

It is my intent with this letter to hopefully clear up and end this speculation. Let me be clear – I resigned from the Company purely for personal reasons, my reasons are my reasons alone, and they have absolutely nothing to do with the Meyer case.

Sincerely,

S/ Timothy R. Parry

Timothy R. Parry”

“Tim has been a valued member of Health Management’s leadership team for the past 16 years, serving as General Counsel for 14 of those years. We are grateful for his years of service to our Company and wish him the very best,” said Gary D. Newsome, President and Chief Executive Officer of Health Management Associates, Inc. “We will continue our search for a new General Counsel and get back to the task at hand, enabling America’s best local healthcare.”

The Meyer v. Health Management Associates, Inc. lawsuit recently received public attention that inaccurately characterized the parties’ allegations and legal claims against each other. “Paul Meyer, as a former Health Management employee, has filed an individual wrongful termination lawsuit,” explains Susan J. Toepfer, Esq., defense counsel for Health Management in the Meyer lawsuit. “The facts will show that Meyer was terminated for insubordinately refusing to cooperate with Health Management’s efforts to comply with its legal obligations under a government subpoena. More specifically, Meyer refused to return documents that were company property and were necessary for Health Management to continue its full and complete cooperation with the government’s request for information.”

The failure of any employee, in this case Meyer, to fully and completely cooperate with the company in response to a subpoena is so fundamentally adverse to the intent and purpose of our compliance department and program that Health Management took immediate and decisive action to terminate Meyer. The facts in the Meyer case will establish that it is Health Management’s wholehearted commitment to full and complete compliance that led to Meyer’s termination.

“Health Management takes very seriously and is committed to ensuring that its hospitals and associates are compliant with all federal and state rules and regulations,” added Newsome. “Based upon this long-standing commitment, Health Management has established and maintained a robust compliance program and policies, as well as a compliance department with a highly qualified staff headed by former FBI agent, Matt Tormey, Vice President of Compliance and Security. Mr. Tormey has a direct reporting line to the Health Management Board of Directors, through the audit committee and the CEO, as the integrity of the organization is of paramount importance.”

Health Management enables America's best local health care by providing the people, processes, capital and expertise necessary for its hospital and physician partners to fulfill their local missions of delivering superior health care services. Health Management, through its subsidiaries, operates 66 hospitals, with approximately 10,400 licensed beds, in non-urban communities located throughout the United States.

All references to "Health Management" and the “Company” used in this release refer to Health Management Associates, Inc. and its affiliates.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "plans," "could" and other similar words. All statements addressing operating performance, events or developments that Health Management Associates, Inc. expects or anticipates will occur in the future, including but not limited to incurrence of indebtedness, projections of revenue, income or loss, capital expenditures, earnings per share, debt structure, bad debt expense, capital structure, repayment of indebtedness, other financial items and operating statistics, statements regarding the plans and objectives of management for future operations, innovations, or market service development, statements regarding acquisitions, joint ventures, divestitures and other proposed or contemplated transactions (including but not limited to statements regarding the potential for future acquisitions and perceived benefits of acquisitions), statements of future economic performance, statements regarding the effects and/or interpretations of recently enacted or future health care laws and regulations, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact, are considered to be "forward-looking statements."

Because they are forward-looking, such statements should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Health Management Associates, Inc.'s most recent Annual Report on Form 10-K, and its most recent Quarterly Report on Form 10-Q, under the headings entitled "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of Health Management Associates, Inc.'s underlying assumptions prove incorrect, actual results could vary materially from those currently anticipated. In addition, undue reliance should not be placed on Health Management Associates, Inc.'s forward-looking statements. Except as required by law, Health Management Associates, Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.

View the original article here

Health Management Associates, Inc. Announces Fourth Quarter and Year-End 2011 Earnings Conference Call and Webcast

NAPLES, Fla.--(BUSINESS WIRE)-- Health Management Associates, Inc. (NYSE:HMA - News) announced today that on February 13, 2012 it will report results for its fourth quarter and year ended December 31, 2011.

Health Management will issue a press release after the market closes on Monday, February 13, 2012. At 11:00 a.m. (ET), the next day, Tuesday, February 14, 2012, management will host a conference call to discuss results in further detail. All interested investors are invited to participate in the conference call.

This conference call will also be simulcast on the Internet. To access the webcast, interested investors should go to the Investor Relations section of Health Management’s website located at www.hma.com or to www.streetevents.com. A replay of the conference call will be available on HMA’s website.

Health Management enables America's best local health care by providing the people, processes, capital and expertise necessary for its hospital and physician partners to fulfill their local missions of delivering superior health care services. Health Management, through its subsidiaries, operates 66 hospitals, with approximately 10,400 licensed beds, in non-urban communities located throughout the United States.

All references to "Health Management" and the “Company” used in this release refer to Health Management Associates, Inc. and its affiliates.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "plans," "could" and other similar words. All statements addressing operating performance, events or developments that Health Management Associates, Inc. expects or anticipates will occur in the future, including but not limited to incurrence of indebtedness, projections of revenue, income or loss, capital expenditures, earnings per share, debt structure, bad debt expense, capital structure, repayment of indebtedness, other financial items and operating statistics, statements regarding the plans and objectives of management for future operations, innovations, or market service development, statements regarding acquisitions, joint ventures, divestitures and other proposed or contemplated transactions (including but not limited to statements regarding the potential for future acquisitions and perceived benefits of acquisitions), statements of future economic performance, statements regarding the effects and/or interpretations of recently enacted or future health care laws and regulations, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact, are considered to be "forward-looking statements."

Because they are forward-looking, such statements should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Health Management Associates, Inc.'s most recent Annual Report on Form 10-K, and its most recent Quarterly Report on Form 10-Q, under the headings entitled "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of Health Management Associates, Inc.'s underlying assumptions prove incorrect, actual results could vary materially from those currently anticipated. In addition, undue reliance should not be placed on Health Management Associates, Inc.'s forward-looking statements. Except as required by law, Health Management Associates, Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.

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