Orion Healthcorp (AMEX:ONH)
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From Sep 2019 to Sep 2024
Orion HealthCorp, Inc. (AMEX: ONH) today announced that Robert P. Pinkas
has been appointed to its Board of Directors. Mr. Pinkas fills a vacancy
left by the departure on June 28, 2007, of Michael J. Finn, who resigned
due to increasing responsibilities as chairman and chief executive
officer of the asset management firm he heads.
Mr. Pinkas is the founding partner of Brantley Partners, a private
equity organization with offices in Ohio and California. Brantley and
its affiliates have approximately $400 million of committed capital
under management. Previously, Mr. Pinkas led a venture development and
investment firm and was the founding director/investor in many
high-growth businesses in both technology and service industries. He
also worked at McKinsey & Co. as a turnaround consultant and strategist
for industrial firms and as an attorney at Simpson Thacher & Bartlett, a
Wall Street law firm with an emphasis on corporate finance. Mr. Pinkas
holds A.B. and A.M. degrees from Harvard University and a J.D. from the
University of Pennsylvania.
Terrence L. Bauer, chief executive officer of Orion HealthCorp, said, “We
are grateful to Mike Finn for his guidance and advice as a Board member
over the past three years and wish him the best in his future endeavors.
We are pleased and fortunate to have Bob Pinkas join our Board. Because
of his strong financial background and business experience, we believe
he will be an excellent addition to our Board and will contribute
measurably to its work. We look forward to his participation as a
director and to his counsel about the future direction for Orion
HealthCorp.”
Orion’s mission is to provide superior
billing, collections, practice, business and financial management
services for physicians, resulting in optimal profitability for its
clients and increased enterprise value for its stakeholders. For more
information on Orion HealthCorp, Inc., visit the Company’s
website at www.orionhealthcorp.com.
Certain statements in this press release constitute “forward-looking
statements” within the meaning of the
Securities Act of 1933, as amended, and the Securities Exchange Act of
1934, as amended (the “Acts”).
Any statements contained herein that are not statements of historical
fact are deemed to be forward-looking statements, including all
statements regarding improving financial metrics and future growth.
The forward-looking statements in this press release are based on
current beliefs, estimates and assumptions concerning the operations,
future results, and prospects of Orion HealthCorp, Inc. and the other
companies described herein. As actual operations and results may
materially differ from those assumed in forward-looking statements,
there is no assurance that forward-looking statements will prove to be
accurate. Forward-looking statements are subject to the safe harbors
created in the Acts. Any number of factors could affect future
operations and results, including without limitation, changes in federal
or state healthcare laws and regulations and third party payer
requirements, changes in costs of supplies, the loss of major customers,
increases in labor and employee benefit costs, increases in interest
rates on the Company’s indebtedness as well as
general market conditions, competition and pricing, and the Company’s
ability to successfully implement its business strategies and integrate
acquisitions, including the expense and impact of any potential
acquisitions and the ability to obtain necessary approvals and
financing. Orion HealthCorp, Inc. undertakes no obligation to update
publicly any forward-looking statements, whether as a result of new
information or future events.