For Immediate Release

Ann Molitor Appointed VP Operations For Regency Hospital Company

Atlanta, Georgia, April 2002–Regency Hospital Company of Atlanta, Georgia has named Ann Molitor, RN as Vice President of Operations. Molitor, a senior level healthcare executive with over 22 years of experience is a nurse by training, and is specialized in program development and management of acute rehabilitation hospitals, long-term acute care hospitals and in developing clinical delivery systems and outcome management tools.

Ms. Molitor has been the Vice President of Clinical Services for Regency and will continue to oversee the clinical program of the company. Her responsibilities will include operations and management of all the RHC hospitals. Prior to joining Regency, Molitor was Corporate Director of Clinical Services for Select Medical and Specialty Healthcare Services, and was responsible for insuring that all LTAC hospitals in these corporations operated effectively and surpassed state, HCFDA and JCAH standards. Molitor received an M.B.A. from Nova Southeastern University, a B.S. in Business Management from Nova University, and an Associated Degree in Nursing from Jefferson College in Hillsboro, Missouri. She is a Certified Rehabilitation Registered Nurse (CRNN) and a Certified Case Manager.

“Ann Molitor is an outstanding operations executive and will ensure quality clinical care while providing tremendous operational leadership to our hospitals. We are honored to have her play such an important role for the company. She will be a key player in the success of Regency Hospital Company,” Rod Laughlin, Regency’s President and CEO commented.

Regency hospitals provide specialized treatment for chronically ill acute level patients whose severity of illness requires that they receive acute level care for an extended period of time. Many of these patients have complex medical conditions and may require life support. Regency is a leading developer and operator of long-term acute care (LTAC) hospitals in the United States. The Company collaborates with medical surgical hospitals to operate separately licensed LTAC hospitals within their facilities providing high quality solutions for the hospital’s medically complex patients.More information about Regency is available at www.regencyhospital.com or www.ltac.com

Regency was formed by Waud Capital Partners, L.L.C. and management to develop and operate LTACs throughout the United States. Founded in 1993, Waud Capital Partners, L.L.C. is a private equity investment firm that partners with management to acquire or develop outstanding middle market businesses. WCP invests in a broad range of companies and industries with strong growth characteristics. More information about the firm can be found at www.waudcapital.com.

For more information contact:
Rod Laughlin,
President & CEO
Regency Hospital Company
3159 Royal Drive, Suite 320
Alpharetta, GA 30022
770-772-4345
rlaughlin@regencyhospital.com
www.regencyhospital.com

Reeve Waud, Founder and Managing Partner
Waud Capital Partners, L.L.C.
560 Oakwood Avenue, Suite 203
Lake Forest, IL 60045
847-604-9550
rwaud@waudcapital.com
www.waudcapital.com

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