For Immediate Release

Regency Hospital of Florence Awarded Full Joint Commission Accreditation

Florence, South Carolina, April 28, 2005–Regency Hospital of Florence has earned the Gold Seal of Approval.™ The Joint Commission on Accreditation of Healthcare Organizations (JCAHO) has awarded Regency Hospital of Florence Full Accreditation after the Joint Commission conducted an on-site review in March.

“We’re proud to achieve the distinction,” stated Dan Dunmyer, Regency Hospital of Florence, CEO. “Joint Commission recognizes Regency’s commitment to providing outstanding care to our patients and the Florence community,” he continued.

By asking for accreditation, a hospital agrees to be measured against national standards set by health care professionals. When JCAHO accredits a hospital it means that the organization substantially complies with the Joint Commission standards and continuously makes efforts to improve the care and services it provides. When Regency Hospital of Florence asked the JCAHO to survey its hospital, it did so with its patients in mind. “We want our patients to know they are receiving the highest quality medical care and service available. Having JCAHO accreditation is one more tool in giving them that knowledge,” commented Dunmyer.

Founded in 1951, the Joint Commission seeks to continuously improve the safety and quality of care provided to the public through the provision of health care accreditation and related services that support performance improvement in health care organizations. The Joint Commission evaluates and accredits more than 15,000 health care organizations and programs in the United States, including more than 7,800 hospitals and home care organizations, and more than 7,300 other health care organizations that provide long-term care, assisted living, behavioral health care, laboratory and ambulatory care services. The Joint Commission also accredits health plans, integrated delivery networks, and other managed care entities. In addition, the Joint Commission provides certification of disease-specific care programs and primary stroke centers. An independent, not-for-profit organization, the Joint Commission is the nation's oldest and largest standards-setting and accrediting body in health care.

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

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
30000 Mill Creek Avenue, Suite 250
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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