Orion HealthCorp Names Robert P. Pinkas to Board of Directors
03 Julio 2007 - 12:15PM
Business Wire
Orion HealthCorp, Inc. (AMEX: ONH) today announced that Robert P.
Pinkas has been appointed to its Board of Directors. Mr. Pinkas
fills a vacancy left by the departure on June 28, 2007, of Michael
J. Finn, who resigned due to increasing responsibilities as
chairman and chief executive officer of the asset management firm
he heads. Mr. Pinkas is the founding partner of Brantley Partners,
a private equity organization with offices in Ohio and California.
Brantley and its affiliates have approximately $400 million of
committed capital under management. Previously, Mr. Pinkas led a
venture development and investment firm and was the founding
director/investor in many high-growth businesses in both technology
and service industries. He also worked at McKinsey & Co. as a
turnaround consultant and strategist for industrial firms and as an
attorney at Simpson Thacher & Bartlett, a Wall Street law firm
with an emphasis on corporate finance. Mr. Pinkas holds A.B. and
A.M. degrees from Harvard University and a J.D. from the University
of Pennsylvania. Terrence L. Bauer, chief executive officer of
Orion HealthCorp, said, �We are grateful to Mike Finn for his
guidance and advice as a Board member over the past three years and
wish him the best in his future endeavors. We are pleased and
fortunate to have Bob Pinkas join our Board. Because of his strong
financial background and business experience, we believe he will be
an excellent addition to our Board and will contribute measurably
to its work. We look forward to his participation as a director and
to his counsel about the future direction for Orion HealthCorp.�
Orion�s mission is to provide superior billing, collections,
practice, business and financial management services for
physicians, resulting in optimal profitability for its clients and
increased enterprise value for its stakeholders. For more
information on Orion HealthCorp, Inc., visit the Company�s website
at www.orionhealthcorp.com. Certain statements in this press
release constitute �forward-looking statements� within the meaning
of the Securities Act of 1933, as amended, and the Securities
Exchange Act of 1934, as amended (the �Acts�). Any statements
contained herein that are not statements of historical fact are
deemed to be forward-looking statements, including all statements
regarding improving financial metrics and future growth. The
forward-looking statements in this press release are based on
current beliefs, estimates and assumptions concerning the
operations, future results, and prospects of Orion HealthCorp, Inc.
and the other companies described herein. As actual operations and
results may materially differ from those assumed in forward-looking
statements, there is no assurance that forward-looking statements
will prove to be accurate. Forward-looking statements are subject
to the safe harbors created in the Acts. Any number of factors
could affect future operations and results, including without
limitation, changes in federal or state healthcare laws and
regulations and third party payer requirements, changes in costs of
supplies, the loss of major customers, increases in labor and
employee benefit costs, increases in interest rates on the
Company�s indebtedness as well as general market conditions,
competition and pricing, and the Company�s ability to successfully
implement its business strategies and integrate acquisitions,
including the expense and impact of any potential acquisitions and
the ability to obtain necessary approvals and financing. Orion
HealthCorp, Inc. undertakes no obligation to update publicly any
forward-looking statements, whether as a result of new information
or future events.
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