Investor News Release
|Health Management Associates, Inc. Appoints Alan Levine as Senior Vice President of Health Development Operations and Government Relations|
NAPLES, Fla., Jul 16, 2010 (BUSINESS WIRE) --
Health Management Associates, Inc. (NYSE:HMA) today announced it has appointed Alan Levine as its new senior vice president of health development operations and government relations effective August 9, 2010.
Alan is a 19 year veteran of the health care industry, most recently serving as Secretary of the Louisiana Department of Health and Hospitals and Senior Health Policy Advisor to Governor Bobby Jindal. In this role, he oversaw a $7 billion annual budget and a wide range of state operations, including hospitals and institutions serving health and human services needs, Medicaid, public health, emergency response and health policy.
"Making sure we have assembled the best possible leadership team to ensure our continued success is one of our top priorities. We believe Alan's tremendous wealth of healthcare knowledge, successful record of leadership, and expertise in government relations will complement our operational focus to enable America's best local health care," said Gary D. Newsome, President and Chief Executive Officer of Health Management. "We welcome Alan back to the great state of Florida, and we believe his unique skills and experience in government relations will contribute to our successful navigation of an ever changing health care landscape."
Alan has a successful track record serving as the Chief Executive Officer of several hospitals and health systems, including one of the nation's largest not-for-profit public health care systems, Broward Health. In addition to serving on the Governor's cabinet in Louisiana, Alan also served as Secretary of the Florida Agency for Care Administration, overseeing a budget of $16 billion and more than 30,000 health care facilities, including hospitals, nursing homes, assisted living facilities and health care clinics. Prior to this, he was Deputy Chief of Staff and Senior Health Policy Advisor to Florida Governor Jeb Bush.
In 2005, Modern Healthcare magazine named Alan an "Up and Comer in American Healthcare", and in 2006, he was named one of 30 leaders nationwide likely to have a powerful impact on the future of healthcare. Others on this list include President Barack Obama, former House Speaker Newt Gingrich, Secretary of State Hillary Clinton and Governor Bobby Jindal.
Alan holds a Bachelor of Science in Health Education and Community Health, a Master's degree in Health Science, and a Master's of Business Administration from the University of Florida.
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. Through its subsidiaries, Health Management operates 58 hospitals, with approximately 8,600 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.
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.
SOURCE: Health Management Associates, Inc.
Health Management Associates, Inc.