Insider Trades - VUMBACCO JOSEPH V

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VUMBACCO JOSEPH V: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
HLTH MGMT ASSOC A Other NYSE:HMA (historical quotes, profile, SEC, other insiders)	1-Jan-08	905,066	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
1-Jan-08 112,045 HMA Option Exercise at $0 per share.
1-Jan-08 97,500 HMA Disposition (Non Open Market) at $0 - $5.98 per share.
3-Dec-07 62,217 HMA Option Exercise at $0 per share.
3-Dec-07 22,678 HMA Disposition (Non Open Market) at $6.41 per share.
(Value of $145,365)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
1-Jan-08	112,045	HMA	Option Exercise at $0 per share.
1-Jan-08	97,500	HMA	Disposition (Non Open Market) at $0 - $5.98 per share.
3-Dec-07	62,217	HMA	Option Exercise at $0 per share.
3-Dec-07	22,678	HMA	Disposition (Non Open Market) at $6.41 per share. (Value of $145,365)