Health Management Associates, Inc. Executes Definitive Agreement to Acquire Carlisle Hospital Carlisle, Pennsylvania A 200-Bed Acute Care Hospital

Apr 24, 2001, 01:00 ET from Health Management Associates, Inc.

    NAPLES, Fla., April 24 /PRNewswire Interactive News Release/ --
 Health Management Associates, Inc. (NYSE:   HMA) announced today the execution
 of a Definitive Agreement to acquire Carlisle Hospital, a 200-bed acute care
 hospital located in Carlisle, Pennsylvania.  This is the third hospital
 acquisition of fiscal 2001, and HMA expects this transaction will become
 effective in June 2001.
     "The Carlisle Hospital is a sole community provider that has an excellent
 reputation, and we are very excited about the opportunity to expand services
 in South Middletown Township and Cumberland County," said Joseph V. Vumbacco,
 CEO of Health Management Associates.  "We will move forward with plans to
 replace the existing hospital, and continue to enhance the quality of care for
 our patients.  Carlisle Hospital now joins our two Lancaster County hospitals
 in providing high quality medical services to non-urban areas in Pennsylvania
 with a proven demographic need."
     "We will continue to focus our efforts on non-urban acquisitions where we
 can implement our proven and successful operating strategy," added Vumbacco.
 "Improving the quality of healthcare, investing the necessary capital, and
 recruiting top quality physicians in needed specialties will continue to earn
 us the reputation as the acquirer of choice."
 
     HMA, the largest non-urban and third largest hospital company in the
 United States, is a major operator of general acute care hospitals in
 communities situated primarily in the Southeast and Southwest.  The Company,
 upon the closing of this transaction and the previously announced transaction
 to acquire the Lee County Community Hospital, will operate 38 facilities
 in 12 states with 5,304 licensed beds.  HMA has experienced 12 years of
 uninterrupted operating earnings growth.
 
     Certain statements contained in this release, including, without
 limitation, statements containing the words "believes," "anticipates,"
 "intends," "expects," 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
 revenues, 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 the Company 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.
 
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                http://tbutton.prnewswire.com/prn/11690X46352418
 
 

SOURCE Health Management Associates, Inc.
    NAPLES, Fla., April 24 /PRNewswire Interactive News Release/ --
 Health Management Associates, Inc. (NYSE:   HMA) announced today the execution
 of a Definitive Agreement to acquire Carlisle Hospital, a 200-bed acute care
 hospital located in Carlisle, Pennsylvania.  This is the third hospital
 acquisition of fiscal 2001, and HMA expects this transaction will become
 effective in June 2001.
     "The Carlisle Hospital is a sole community provider that has an excellent
 reputation, and we are very excited about the opportunity to expand services
 in South Middletown Township and Cumberland County," said Joseph V. Vumbacco,
 CEO of Health Management Associates.  "We will move forward with plans to
 replace the existing hospital, and continue to enhance the quality of care for
 our patients.  Carlisle Hospital now joins our two Lancaster County hospitals
 in providing high quality medical services to non-urban areas in Pennsylvania
 with a proven demographic need."
     "We will continue to focus our efforts on non-urban acquisitions where we
 can implement our proven and successful operating strategy," added Vumbacco.
 "Improving the quality of healthcare, investing the necessary capital, and
 recruiting top quality physicians in needed specialties will continue to earn
 us the reputation as the acquirer of choice."
 
     HMA, the largest non-urban and third largest hospital company in the
 United States, is a major operator of general acute care hospitals in
 communities situated primarily in the Southeast and Southwest.  The Company,
 upon the closing of this transaction and the previously announced transaction
 to acquire the Lee County Community Hospital, will operate 38 facilities
 in 12 states with 5,304 licensed beds.  HMA has experienced 12 years of
 uninterrupted operating earnings growth.
 
     Certain statements contained in this release, including, without
 limitation, statements containing the words "believes," "anticipates,"
 "intends," "expects," 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
 revenues, 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 the Company 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.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X46352418
 
 SOURCE  Health Management Associates, Inc.