Radiologix, Inc. Appoints Richard J. Sabolik, Chief Financial Officer and Michael L. Silhol, General Counsel
15 Marzo 2004 - 7:00AM
PR Newswire (US)
Radiologix, Inc. Appoints Richard J. Sabolik, Chief Financial
Officer and Michael L. Silhol, General Counsel Additions Strengthen
Management Team and Provide Experience and Depth DALLAS, March 15
/PRNewswire-FirstCall/ -- Radiologix, Inc. , a leading national
provider of diagnostic imaging services, today announced the
appointments of Richard J. Sabolik, Senior Vice President and Chief
Financial Officer, and Michael L. Silhol, Senior Vice President,
General Counsel and Secretary. Richard J. Sabolik Mr. Sabolik joins
Radiologix as Senior Vice President and Chief Financial Officer
after acting as a financial consultant to Radiologix for the past
two months. Mr. Sabolik fills the position opened last October when
Sami S. Abbasi was elevated to Chief Operating Officer of
Radiologix. Mr. Sabolik was a regional health care audit and
consulting partner for 20 years with KPMG where he worked with
companies ranging in size from less than $100 million to more than
$13 billion in revenue. He served for more than 15 years on the
Health Care Line of Business Leadership Team, which developed and
implemented strategy for the firm's national health care line of
business. During Mr. Sabolik's tenure with KPMG he served as: *
National Partner-in-Charge of KPMG's Health Care Consulting
services in the areas of World Class Finance and World Class Human
Resources, * Partner-in-Charge of KPMG's Health Care Consulting
Practice in the Southwest region, and * Partner-in-Charge of
KPMG'sHealth Care Audit practices in a seven-state Southwest region
while living in Houston and Dallas, and a five-state Midwest region
while living in Kansas City. Mr. Sabolik is familiar with the
diverse challenges and needs of organizations at various stages of
growth as he has provided advice and guidance to executives and
boards of directors and trustees throughout the country. Mr.
Sabolik is a CPA and serves on the board of directors for
Concentra, Inc., a $1 billion healthcare company,with both provider
and payor operations, operating in 34 states. Mr. Sabolik serves as
the chairman of the audit and compliance committee of the board of
directors for Concentra. He is also a member of the Board of
Directors for the National Association of Corporate Directors'
North Texas Chapter and a member of the board of directors for CEO
Netweavers, Inc., a networking group focused on connecting CEOs
across the Dallas / Ft. Worth Metroplex. Michael L. Silhol Mr.
Silhol joins Radiologix as Senior Vice President, General Counsel
and Secretary. Mr. Silhol comes to Radiologix from Triad Hospitals,
Inc., where he was Vice President of Legal Operations, responsible
for the legal issues confronting Triad's acute care hospitals,
ambulatory surgery centers, physician practices and joint ventures.
He also managed legal issues involving Triad's spin-off from
Columbia/HCA in 1999 and Triad's merger in 2001 with Quorum Health
Group, Inc. He has developed strategic legal responses to the
challenges of physician integration efforts, including proposed
joint ventures with physicians of diagnostic imaging centers. Prior
to Triad, Mr. Silhol was with Columbia/HCA where he was Vice
President of Physician Operations for the Louisiana Division,
responsible for the acquisition and operations of physician
practices in that state. Before that he was in Columbia/HCA's legal
operations department providing legal assistance to hospitals in
the states of Louisiana, Arkansas and Texas. Mr. Silhol was an
associate at Waller, Lansden Dortch & Davis in Nashville and at
Foley & Lardner in Milwaukee. Prior to this, Mr. Silhol served
in the U. S. Army Judge Advocate General's Corps at Ft. Hood,
Texas. Mr. Silhol is a member of the Texas, Tennessee and Wisconsin
state bars and is certified by the Texas Board of Legal
Specialization in Health Law. He has lectured previously for the
American Health Lawyers Association, the American Bar Association
and several other healthcare trade and industry groups. He has also
been published in various legal publications including the
Tennessee Bar Journal, the American Health Lawyers Law Digest and
Health Lawyers News. Mr. Silhol is the Vice-Chair of the In-House
Counsel Practice Group of the American Health LawyersAssociation
and has served on the Board of Governors of the Federation of
American Hospitals. Mr. Silhol received a J.D. from the University
of Wisconsin Law School and a B.A. from Vanderbilt University. "We
are very pleased to announce the appointments of Rick and Michael.
Both bring outstanding experience and will provide depth and
leadership to our team," said Stephen D. Linehan, President and
Chief Executive Officer of Radiologix. "With our qualified and
capable management team in place, we firmly believe that we will be
able to accomplish the objectives we have set for Radiologix."
About Radiologix Radiologix (http://www.radiologix.com/) is a
leading national provider of diagnostic imaging services, owning
and operating multi-modality diagnostic imaging centers that use
advanced imaging technologies such as positron emission tomography
("PET"), magnetic resonance imaging ("MRI"), computed tomography
("CT") and nuclear medicine, as well as x-ray, general radiography,
mammography, ultrasound and fluoroscopy. The diagnostic images
created and the radiology reports based on these images, enable
more accurate diagnosis and more efficient management of illness
for ordering physicians. Radiologix owns or operates 107 diagnostic
imaging centers located in 15 states as of December 31, 2003. Safe
Harbor Statement This press release contains forward-looking
statements that relate to future financial results or business
expectations and are made pursuant to the safe harbor provisions of
theSecurities Litigation Reform Act of 1995. Such statements give
our current expectations or forecasts of future events; they do not
relate strictly to historical or current facts. Any forward-looking
statement speaks only as of the date on which such statement is
made. The information in this press release is as of March 15,
2004. Radiologix undertakes no obligation to update any
forward-looking statement or statements to reflect new events or
circumstances or future developments. We have tried, whenever
possible, to identify such statements by using words such as
"anticipated," "estimates," "expect," "project," "intend," "plan,"
"believe," "will" and similar expressions in connection with any
discussion of future operations or financial performances. These
statements are subject to risks and uncertainties that exist in the
Company's operations and business environment. Business plans may
change as circumstances warrant and actual results may differ
materially from any forward-looking statements, which reflect the
management's opinion only as of the date hereof. Such risks and
uncertainties include, but are not limited to, those associated
with the Company's acquisition and expansion strategy; integration
of the Company's affiliated physician practices and newly acquired
imaging centers; the Company's ability to achieve operating
efficiencies and engage in successful new development efforts;
interruption of operations in certain regions due to severe weather
or other extraordinary events; recruitment and retention of
technologists by Radiologix and radiologists by the contracted
radiology groups; regulatory changes; the enforceability of its
Service Agreements and related documents; reimbursement trends;
governmental policies; and general economic and business
conditions. Such risks and uncertainties, as well as additional
risk factors which could affect the forward-looking statements made
in this press release, are included in the Company's filings with
the Securities and Exchange Commission, including its Annual Report
on Form 10-K for the year ended December 31, 2003, and its periodic
reports on Forms 10-Q and 8-K (if any). We cannot guarantee that
any forward-looking statements will be realized, although we
believe we have been prudent in our plans and assumptions.
Achievement of future results is subject to risks, uncertainties
and potentially inaccurate assumptions. Should known or unknown
risks or uncertainties materialize, or should underlying
assumptions prove inaccurate, actual results could vary materially
from past results and those anticipated, estimated or projected.
Investors should bear this in mind as they consider forward-looking
statements. http://www.newscom.com/cgi-bin/prnh/19991026/RLGXLOGO
http://photoarchive.ap.org/ DATASOURCE: Radiologix, Inc. CONTACT:
Paul R. Streiber of Radiologix, Inc., Investor Relations,
+1-214-303-2702, Web site: http://www.radiologix.com/
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