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Hand Named Chief Executive Officer of Regency Hospital Of Minneapolis

Posted on: Monday, 6 March 2006, 09:01 CST

Regency Hospital Company is pleased to announce the appointment of Ronald E. Hand as the Chief Executive Officer of Regency Hospital of Minneapolis, a 35-bed LTAC hospital located in Golden Valley, Minnesota. "We are very pleased to have Ron Hand as part of the Regency team in Minneapolis. He has a proven record for clinical and operational excellence and will be a great asset to the hospital and community," stated President & CEO, Rod Laughlin.

Mr. Hand has spent several years as a hospital administrator in acute care hospitals as well as acute rehabilitation hospitals. Prior to joining Regency, he most recently served as Hospital Administrator/Vice President of Renaissance Hospitals in Dallas, Texas where he was responsible for the successful operations of a 111-bed acute care hospital. Ronald Hand is a seasoned professional in all areas of healthcare management and operations.

"I am honored to be a part of this community and work for Regency Hospital. I look forward to being able to lead the hospital in providing this specialized care for critically ill patients," stated Mr. Hand. Mr. Hand holds an M.B.A. and a B.B.A. in Management/Finance and Personnel Management.

Regency Hospital Company is headquartered in Atlanta, Georgia and is a leading developer of Long Term Acute Care (LTAC) hospitals across the United States. Regency presently has sixteen hospitals open with several more in active development. Regency was formed by Rod Laughlin and Waud Capital Partners.

Waud Capital Partners, L.L.C. is a private equity investment firm founded in 1993 with more than $400 million of capital under management. Since its founding, Waud Capital Partners has successfully made more than sixty investments in a wide range of industries. The firm is backed by a number of institutions, including Citigroup, Middlebury College, Sun America, The St. Paul Travelers Companies and the University of Chicago Hospitals, among others, as well as a number of well-known families and high net worth individuals.

For more information on Regency Hospital Company and/or Waud Capital Partners visit www.regencyhospital.com and/or www.waudcapital.com.


Source: Business Wire

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