Health Management Associates, Inc. Appoints Ken Chatfield as Chief Information Officer

NAPLES, Fla.--(BUSINESS WIRE)-- Health Management Associates, Inc. (NYSE:HMA) today announced that it has appointed Ken Chatfield as its new Chief Information Officer effective June 1, 2010.

Ken has served as a senior technology executive over the past 22 years and has been with several top firms; most recently with Versata Software, Inc. based in Austin, Texas.

“Ken’s substantial management experience and expertise in executive strategy related to information services software development and acquisitions will be a key component in executing Health Management's mission to enable America’s best local health care,” said Gary D. Newsome, President and Chief Executive Officer of Health Management. “Information technology in health care is becoming an even more important component to our operations, and Ken has spent his career integrating systems, advancing technology across all spectrums of operations and developing successful customer service centered solutions. He is the right leader to take us to the next level of information technology.”

Ken earned his Bachelor of Science degree in Information Technology from Brigham Young University.

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. After completion of the Shands HealthCare joint venture, through its subsidiaries, Health Management will operate 58 hospitals, with approximately 8,500 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,” “could”, “prospects”, “promising” 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 projections of revenue, income or loss, capital expenditures, earnings per share, debt structure, bad debt expense, capital structure, repayment of indebtedness, other financial items, statements regarding the plans and objectives of management for future operations, statements regarding acquisitions, divestitures and other proposed or contemplated transactions, statements of future economic performance, statements regarding the state of the economy, 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 Quarterly Reports on Forms 10-Q 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 or publicly announce any revisions to any of the forward-looking statements contained in this press release.



CONTACT:

Health Management Associates, Inc.
John C. Merriwether, Vice President of Financial Relations, 239-598-3131

KEYWORDS:   United States  North America  Florida

INDUSTRY KEYWORDS:   Technology  Data Management  Practice Management  Health  Hospitals  Other Health  Professional Services  Banking  Finance  General Health  Managed Care

MEDIA:

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