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Metropolitan Health Networks and Humana Agree to Expand Relationship to Florida Panhandle Service Area

BOCA RATON, Fla.--(BUSINESS WIRE)--Metropolitan Health Networks, Inc. (“MetCare”) (NYSE Amex:MDF), a leading provider of health care services in Florida, today announced that its wholly owned provider service network (PSN), MetCare of Florida, Inc., has expanded its market area to include Escambia and Santa Rosa counties. The two counties, located in Florida’s Panhandle, are home to approximately 80,000 Medicare eligible beneficiaries. The new arrangement is effective January 2012 and is an exclusive arrangement through 2014.