HOSPITAL CORP <HCA> BOARD AGAINST BUYOUT BID Hospital Corp of America said its management believes the 47 dlr per share acquisition offer it received from Charles R. Miller, Richard E. Ragsdale and Richard L. Scott is not in the best interest of shareholders, and it does not plan to meet with the individuals. The company said its board considered information on the three and their bid, and "Given the lack of any demonstrated ability on the part of these individuals to consummate an acquisition of this magnitude, the board decided it was not necessary to take any action on their proposal at this time." Hospital Corp said "The benefits of the company's ongoing repositioning program are already being realized, and we will continue to explore appropriate alternatives for enhancing shareholder value."