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HEALTH MANAGEMENT ASSOCIATES, INC. COMPLETES SECONDARY OFFERING AT $26.25 PER SHARE

 NAPLES, Fla., Feb. 3 /PRNewswire/ -- Health Management Associates, Inc. (NYSE: HMA) announced today that it has successfully completed a public offering of 3,000,000 shares of Class A common stock at $26.25 per share.
 Merrill, Lynch & Co. served as lead-manager of the offering with Kidder, Peabody & Co. and Dean Witter Reynolds Inc. serving as co- managers. The offering consisted of 1,000,000 primary shares offered by the company and 2,000,000 shares offered by certain selling shareholders.
 The company will use the net proceeds from the offering for working capital, general corporate needs and the future acquisition of additional health care facilities. The company did not receive any proceeds from the sale of shares by certain selling shareholders.
 Health Management Associates, Inc. is a major operator of general acute care hospitals in communities situated primarily in the Southeast and Southwest. The company operates 16 facilities in 10 states with a total of 1,658 licensed beds.
 -0- 2/3/93
 /CONTACT: William J. Schoen, president & CEO of Health Management Associates, 813-598-3175/
 (HMA)


CO: Health Management Associates, Inc. ST: Florida IN: HEA SU: OFR

TM -- NY002 -- 2223 02/03/93 08:30 EST
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Publication:PR Newswire
Date:Feb 3, 1993
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