RegionalCare Hospital Partners Announces Senior Leadership Appointments

   RegionalCare Hospital Partners Announces Senior Leadership Appointments

PR Newswire

NASHVILLE, Tenn., Feb. 14, 2013

NASHVILLE, Tenn., Feb. 14, 2013 /PRNewswire/ --RegionalCare Hospital Partners
Inc., ("RegionalCare" or "the Company") a leading owner and operator of
regionally-focused community hospitals in non-urban markets across the United
States, today announced it has promoted Martin S. Rash to Executive Chairman
and named Kent H. Wallace as Chief Executive Officer (CEO).

Mr. Rash, who founded the company in 2009, will continue to lead the Company's
strategy and business development activities.

Mr. Wallace, who previously served as President and Chief Operating Officer at
Vanguard Health Systems (NYSE: VHS), assumes the CEO title from Mr. Rash and
takes on the responsibilities of RegionalCare's President and Chief Operating
Officer, John M. Rutledge, who is leaving the Company to returnto other
business endeavors.

"Kent is one of the leading healthcare service executives in the country and
brings a tremendous depth of experience and proven leadership to the Company,"
said Mr. Rash. "I look forward to working closely with Kent to accelerate the
growth of RegionalCare's seven-hospital system and to expand its geographic
presence across the United States."

"RegionalCare is well-positioned for future growth and I look forward to
building on its success," said Mr. Wallace. "I am excited about taking on this
new role and collaborating with my new colleagues to deliver the high quality
care and compassionate service that RegionalCare's hospital patients have come
to expect."

Mr. Rash added, "On behalf of RegionalCare's Board of Directors and the entire
RegionalCare team, I'd like to thank John for his many contributions and
dedication to the Company. Three years ago, John joined me in launching
RegionalCare and many of our significant operational and financial successes
have come under his leadership. We wish John the very best as he returns to
his other business endeavors."

Mr. Wallace will also join RegionalCare's Board of Directors. These
leadership appointments are effective March 1, 2013.

About Kent H. Wallace
Mr. Wallace previously served as Vanguard's President and Chief Operating
Officer since 2005. Prior to being named as Vanguard's President and Chief
Operating Officer, he served for three years as Market President for
Vanguard's Texas Region, "the Baptist Health System," a leading provider of
health care in San Antonio and South Texas comprised of five acute-care
hospitals and other related health care services. Prior to Vanguard, he was
Group President for Province Healthcare, Columbia/HCA and HealthTrust. He has
more than 25 years of healthcare operations experience.

About RegionalCare Hospital Partners
RegionalCare Hospital Partners was founded in 2009 with a $300 million
investment from Warburg Pincus. With a commitment to high quality care and
compassionate service, RegionalCare has quickly grown to a seven-hospital
system. More information can be found at www.regionalcare.net.

Contact:
Jeff Atwood
RegionalCare Hospital Partners
(615) 844-9846
jeff.atwood@regionalcare.net

SOURCE RegionalCare Hospital Partners

Website: http://www.regionalcare.net
 
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