UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): March 20, 2006 METROPOLITAN HEALTH NETWORKS, INC. (Exact name of registrant as specified in its charter) 0-28456 65-0635748 (Commission file number) (I.R.S. Employer Identification No.) 250 Australian Avenue South, Suite 400 West Palm Beach, Fl. 33401 (Address of principal executive offices, including zip code) (561) 805-8500 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) SECTION 5 - CORPORATE GOVERNANCE AND MANAGEMENT ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS On March 20, 2006, Metropolitan Health Networks, Inc. issued a press release announcing that it has named two new members to its Board of Directors, Mr. Robert (Gene) Shields and Mr. David Florman. Mr. Shields' term is scheduled to begin effective as of May 15, 2006, and Mr. Florman's term is scheduled to begin effective as of April 1, 2006. A copy of this press release with respect to the appointment of Mr. Shields and Mr. Florman is attached as Exhibit 99.1 hereto and incorporated herein by reference. SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits 99.1 - Press Release dated March 20, 2006 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: March 20, 2006 METROPOLITAN HEALTH NETWORKS, INC By: /s/ Roberto Palenzuela ------------------------------------ Roberto Palenzuela Secretary and General Counsel