BIRMINGHAM, Ala., Aug. 29, 2011 /PRNewswire/ — HealthSouth (NYSE: HLS) announces the realignment of its hospitals into six regions and names Edward Mowen, former controller of HealthSouth’s MidAtlantic region, as a new regional president.
“Our development plans are accelerating as expected and, to maintain our clinical and operational focus while positioning the Company for future expansion, we are realigning our hospitals and adding a new region to our organizational infrastructure,” said HealthSouth President and Chief Executive Officer Jay Grinney. “Ed Mowen has been promoted to the position of Regional President for our newly-configured MidAtlantic Region and will have operational responsibility for 14 hospitals located in South Carolina, Virginia and West Virginia. Ed has made significant contributions during his tenure as regional controller and I am confident he will continue to provide outstanding leadership in his new role.”
Mowen joined HealthSouth as a regional controller in 2005. Prior to his career at HealthSouth, he was vice president of operations for the Women’s Health division at Matria Healthcare, and worked with Promina Northwest and Promina Paulding as controller and CFO, respectively. Mowen holds a bachelor’s degree in accounting from St. Ambrose College in Davenport, Iowa.
The Company also announced the remaining five regions will be realigned as follows:
Frank Brown will be the President of the Southwest Region and will have responsibility for 19 hospitals located in Arkansas, Louisiana and Texas.
Jerry Gray will be the President of the West Region and will have responsibility for 14 hospitals located in Arizona, California, Colorado, Nevada, New Mexico and Utah.
Peter Mantegazza will be the President of the Northeast Region and will have responsibility for 17 hospitals in Maine, Maryland, Massachusetts, New Hampshire, New Jersey and Pennsylvania.
Terry Maxhimer will be the President of the Central Region and will have responsibility for 16 hospitals, 15 of which are located in Kansas, Indiana, Illinois, Kentucky, Missouri, Ohio and Tennessee. He also will have responsibility for the company’s hospital in Bristol, Virginia because of this hospital’s close proximity to the company’s hospital in Kingsport, Tennessee.
Linda Wilder will be the President of the Southeast Region and will have responsibility for 17 hospitals located in Alabama, Florida and Puerto Rico.
All changes will be effective September 1, 2011.
HealthSouth is the nation’s largest owner and operator of inpatient rehabilitation hospitals in terms of revenues, number of hospitals, and patients treated and discharged. Operating in 26 states across the country and in Puerto Rico, HealthSouth serves patients through its network of inpatient rehabilitation hospitals, outpatient rehabilitation satellite clinics and home health agencies. HealthSouth’s hospitals provide a higher level of rehabilitative care to patients who are recovering from conditions such as stroke and other neurological disorders, orthopedic, cardiac and pulmonary conditions, brain and spinal cord injuries, and amputations. HealthSouth can be found on the Web at www.healthsouth.com.
Statements contained in this press release which are not historical facts, such as those relating to future development and expansion, are forward-looking statements In addition, HealthSouth may from time to time make forward-looking public statements concerning the matters described herein. All such estimates, projections, and forward-looking information speak only as of the date hereof, and HealthSouth undertakes no duty to publicly update or revise such forward-looking information, whether as a result of new information, future events, or otherwise. Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties. HealthSouth’s actual results or events may differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. While it is impossible to identify all such factors, factors which could cause actual results or events to differ materially from those anticipated include, but are not limited to, any adverse outcome of various lawsuits, claims, and legal or regulatory proceedings that may be brought by or against the Company; significant changes in HealthSouth’s management team; HealthSouth’s ability to continue to operate in the ordinary course and manage its relationships with its creditors, including its lenders, bondholders, vendors and suppliers, employees, and customers; changes, delays in (including in connection with resolution of Medicare payment reviews or appeals), or suspension of reimbursement for HealthSouth’s services by governmental or private payors; general conditions in the economy and capital markets; and other factors which may be identified from time to time in HealthSouth’s SEC filings and other public announcements, including HealthSouth’s Form 10-K for the year ended December 31, 2010 and Form 10-Q for the quarters ended March 31, 2011 and June 30, 2011.
Helen Todd, 205-969-5608
Investor Relations Contact
Mary Ann Arico, 205-969-6175