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Regency LTAC Hospitals for Medically Complex Patients Accepted into BlueCross BlueShield Network

Posted on: Monday, 5 February 2007, 18:00 CST

Regency Hospitals of Greenville and Florence, South Carolina, Long Term Acute Care (LTAC) Hospitals that provide intensive critical care to acutely ill, medically complex patients, recently joined BlueCross BlueShield of South Carolina's network.

"We are pleased to accept Regency Hospitals into our network as an added option for BlueCross policyholders in the Upstate and Pee Dee regions," said John Little, M.D., BlueCross BlueShield of South Carolina vice president for healthcare services.

"The results of treatment at an LTAC hospital often gets patients home quicker and gives them their lives back," said Richard Graham, a Regency Hospital Company Regional CEO. "We're happy to be able to accept BlueCross patients as an in network provider."

Regency Hospital of Greenville and Regency Hospital of Florence, long recognized for their superior outcomes for many illnesses such as ventilator weaning, respiratory failure, post CABG, wound care and many others care for patients who live throughout the entire state of South Carolina.

Headquartered in Columbia, S.C., BlueCross BlueShield of South Carolina (www.SouthCarolinaBlueCross.com) is an independent licensee of the Blue Cross and Blue Shield Association.

Regency Hospital Company is headquartered in Atlanta, Georgia and a leading developer of intensive critical care hospitals for long stay acute patients. Regency presently has twenty 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 and located in Lake Forrest, Illinois. Waud Capital Partners has successfully completed over seventy investments in a wide range of industries, including adhesives, alarm monitoring, automotive components, coatings, consumer products, lighting, medical distribution, publishing, sealants and specialty hospitals.

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


Source: Business Wire

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