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HEALTH MANAGEMENT ASSOCIATES, INC. CONFIRMS INTENT TO ACQUIRE TWO GALEN HEALTH CARE HOSPITALS

 NAPLES, Fla., June 11 /PRNewswire/ -- Health Management Associates, Inc. (NYSE: HMA) today announced that Galen Health Care, Inc. (NYSE: GHC) has confirmed that negotiations with HMA are continuing for the acquisition of two acute care hospitals located in Sebastian, Fla. and Natchez, Miss. with a total of 234 beds. A definitive purchase agreement should be executed within the next two weeks, with a closing in late summer.
 HMA further stated that it has the exclusive right to negotiate a definitive agreement on these hospitals which fit HMA's niche of non-urban acute care hospitals located in the Southeast and Southwest.
 In addition to the above Galen hospitals, HMA has previously announced the acquisition of Heart of Florida Hospital in Haines City, Fla. and Parkview Hospital in Topeka, Kan.
 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- 6/11/93
 /CONTACT: William J. Schoen, president & CEO of Health Management Associates, 813-598-3175/
 (HMA GHC)


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

SM-TM -- NY058 -- 1214 06/11/93 16:41 EST
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Publication:PR Newswire
Date:Jun 11, 1993
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