Health Management Associates' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Health Management Associates, Inc. (HMA)

Q1 2012 Earnings Call

April 24, 2012 11:00 am ET

Executives

John Merriwether - VP of Financial Relations

Gary Newsome - President and CEO

Kelly Curry - CFO

Bob Farnham - SVP, Finance

Analysts

Adam Feinstein - Barclays Capital

Whit Mayo - Robert Baird

Gary Leiberman - Wells Fargo Securities

A.J. Rice - UBS

Kevin Fischbeck - Bank of America/Merrill Lynch

Gary Taylor - Citigroup

Ralph Giacobbe - Credit Suisse

Dana Vartabedian - Deutsche Bank

Tom Gallucci - Lazard Capital Markets

Presentation

Operator

Good morning, my name is Melissa and I will be your conference operator today. At this time I would like to welcome everyone to the Health Management First Quarter 2012 Earnings Conference Call. (Operator Instructions). Thank you.

Mr. John Merriwether, Vice President of Financial Relations, you may begin your conference.

John Merriwether

Thank you, Melissa, and good morning everyone. I am John Merriwether, Vice President of Financial Relations for Health Management Associates. I would like to welcome you to Health Management's First Quarter 2012 Earnings Conference Call.

Before we get started with the call, I would like to read a disclosure statement. Statements made thought this presentation are based on current estimates of future events and the company has no obligation to update or correct these estimates. Listeners are cautioned that any such looking statements are not guarantees of future performance that involve risks and uncertainties that may and that actual results made different materially as a result of these various factors.

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