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HBO & COMPANY RE-ELECTS BOARD OF DIRECTORS; QUARTERLY DIVIDEND DECLARED; McCARTY JOINS HBO AS EXECUTIVE VICE PRESIDENT OF HEALTHQUEST

 HBO & COMPANY RE-ELECTS BOARD OF DIRECTORS; QUARTERLY DIVIDEND DECLARED; McCARTY JOINS HBO AS EXECUTIVE VICE PRESIDENT OF HEALTHQUEST
 ATLANTA, May 14 /PRNewswire/ -- HBO & Company (NASDAQ: HBOC) held its annual stockholders' meeting at its headquarters in Atlanta on May 12.
 The shareholders re-elected the existing board of directors and ratified the appointment of Arthur Andersen to continue as the company's independent public accountants.
 Subsequent to the stockholders' meeting, HBO & Company held its quarterly board of directors meeting. At the board meeting it was announced that HBO would pay its quarterly cash dividend of seven-and- one-half cents ($.075) per share to shareholders of record on June 26, payable July 20.
 Additionally, Michael W. McCarty recently joined HBO & Company as executive vice president of HealthQuest reporting to HBO's President and CEO Charles W. McCall. McCarty will oversee daily operations for HealthQuest's sales and field activities, including installations, customer service and facilities management.
 McCarty brings to HealthQuest some 20 years of business experience in the computer industry, most recently with Liebert Corporation, where he was executive vice president of sales and marketing. Prior to Liebert, McCarty spent 12 years with IBM, the last three as regional manager for the Mid-America region. McCarty holds a master's degree in business administration, finance and a bachelor of science degree in business management from Bowling Green State University, Bowling Green, Ohio.
 "With Mike's experience in the industry, he will provide invaluable leadership and assistance as we continue our efforts to provide innovative solutions for the HealthQuest client base," said McCall. "I believe he will be instrumental in furthering our commitment to 'work smarter' to meet our product development and service goals."
 HBO & Company delivers a wide range of patient care, clinical and financial products as well as networking technologies, facilities management and other services to healthcare organizations in the United States, United Kingdom and Canada.
 -0- 5/14/92
 /CONTACT: Jeanne Bateman, investor relations of HBO & Company, 404-393-6577/
 (HBOC) CO: HBO & Company ST: Georgia IN: MTC SU: PER DIV


BN-EA -- AT008 -- 0241 05/14/92 12:30 EDT
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Publication:PR Newswire
Date:May 14, 1992
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