Health & Fitness
Fri, May 25, 2012
BOCA RATON, Fla.--([ BUSINESS WIRE ])--Metropolitan Health Networks, Inc. (NYSE: MDF), a leading provider of health care services in Florida, today announced that the companyas acquisition of Continucare Corporation has been selected by the South Florida Chapter of the Association for Corporate Growth (ACG) as the aTransaction of the Year.a
Commenting on the award, Michael Earley, Chairman and Chief Executive Officer of Metropolitan Health Networks, Inc., stated, aThe Continucare acquisition was a transformative transaction for our organization bringing additional talent and geographic diversification to our business. It made us a stronger Florida based company with increased potential for growth. For this transaction to be recognized in this fashion by a business and community minded organization such as the ACG is an honor and a real testimony to both the Continucare and Metropolitan associates who made it happen.a
Speaking on behalf of the South Florida Chapter of the ACG, President-elect Jim Craig stated, aThe Metropolitan Health Networks acquisition of Continucare hit on all criteria for our Transaction of the Year Award. That it involved two great South Florida businesses was not a requirement to win, but is a fortunate bit of icing on the cake. Congratulations to the company on this much deserved award, and congratulations to the shareholders, employees, and customers of the company, who are all winners in this transaction.a
About Metropolitan Health Networks, Inc.:
Metropolitan is a growing health care companythat provides and coordinates comprehensive health care services for Medicare Advantage, Medicaid, and other customersin Florida through its primary care-centric businesses, MetCare of Florida, Inc. and Continucare Corporation. Metropolitan currently owns and operates 33 medical centers and contracts with a network of independent primary care practices.To learn more about Metropolitan Health Networks, Inc. please visit its website at [ www.metropolitanhealthnetworks.com ].
About the Association for Corporate Growth:
Founded in 1954, the Association for Corporate Growth is the premier global association for professionals involved in corporate growth, corporate development and mergers and acquisitions. Today ACG has over 14,400 members from leading corporations, private equity, finance and professional service firms representing Fortune 500, Fortune 1000, FTSE 100 and mid-market companies in 57 chapters in North America, Europe and Asia. Leaders in corporations, private equity, finance and professional service firms focused on building value in their organizations belong to ACG.
ACG-South Florida was ACGas second fastest growing chapter in 2011 and currently has about 250 members in Palm Beach, Broward and Miami-Dade counties. ACG-South Florida holds meetings that feature prominent speakers on business and growth related topics and marketing events in locations that accommodate the geographical diversity of its membership. For more information please visit its website at: [ http://www.acg.org/southflorida/ ]