Metropolitan Health Networks Continues to Grow Its Base of Primary Care Centers with Definitive Agreement to Acquire Physician Practice in Stuart, Florida

Metropolitan Health Networks, Inc. (NYSE AMEX: MDF), a leading provider of healthcare services in Florida, today announced that its wholly owned subsidiary, Metcare of Florida, Inc., ("Metcare”) has entered into a definitive agreement to acquire the assets and assume certain liabilities of Suzann Leslie, D.O., P.A.

Dr. Leslie is a board eligible family practice physician who has developed a successful, high quality primary care practice, which includes approximately 400 Humana Medicare Advantage members, in Stuart, Florida. The practice is currently contracted with Metcare and its Humana membership is already included in Metcare’s customer base. Terms of the transaction, which is expected to close within 90 days, were not disclosed.

Commenting on the transaction, Jose A. Guethon, MD, MBA, President and Chief Operating Officer, of Metropolitan Health Networks, Inc., stated, "We are pleased to have the opportunity to bring Dr. Leslie’s medical practice into our group of owned medical centers. She is a forward thinking physician who has invested time and resources to bring the best she can to patient care. Her office has been an important affiliate for us in our fastest growing market, the Treasure Coast. Often as successful practices grow, physicians are faced with business administration challenges that consume their most significant resource, time with patients. Together with Metcare, Dr. Leslie can continue to build her practice and focus on patient care while we bring advanced systems and administrative resources that help physicians navigate through an ever changing and complicated healthcare world. With Dr. Leslie continuing her work and building the base of customers in this practice, she achieves an important step in her personal goals and Metropolitan takes another step in its announced plans to own more high potential and high quality medical practices that serve people with Medicare. This will be our first owned practice beyond our core South Florida and Daytona markets and we anticipate adding more owned medical practices in the Treasure Coast market.”

About Metropolitan Health Networks, Inc.

Metropolitan Health Networks, Inc. is a growing healthcare organization that provides comprehensive healthcare services for Medicare Advantage members and other patients in Florida. To learn more about Metcare please visit its website at www.metcare.com.

Forward Looking Statements:

Except for historical matters contained herein, statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Without limiting the generality of the foregoing, words such as "may”, "will”, "to”, "plan”, "expect”, "believe”, "anticipate”, "intend”, "could”, "would”, "estimate”, or "continue” or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements.

Investors and others are cautioned that a variety of factors, including certain risks, may affect our business and cause actual results to differ materially from those set forth in the forward-looking statements. These risk factors include, without limitation, (i) our ability to meet our cost projections under various provider agreements with Humana; (ii) our failure to accurately estimate incurred but not reported medical benefits expense; (iii) pricing pressures exerted on us by managed care organizations and the level of payments we indirectly receive under governmental programs or from other payors; (iv) future legislation and changes in governmental regulations; (v) the impact of Medicare Risk Adjustments on payments we receive for our managed care operations; (vi) a loss of any of our significant contracts or our ability to increase the number of Medicare eligible patient lives we manage under these contracts. The Company is also subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2009, its Quarterly Report on Form 10-Q for the quarter ended March 31, 2010, its Quarterly Report on Form 10-Q for the quarter ended June 30, 2010, and its Quarterly Report on Form 10-Q for the quarter ended September 30, 2010.