RENNOVA HEALTH ANNOUNCES APPOINTMENT OF NEW CHIEF EXECUTIVE OFFICER AT JAMESTOWN MEDICAL CENTER
WEST PALM BEACH, Fla., June 10, 2019 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTC: RNVA), (OTC: RNVAW) (“Rennova” or the “Company”), a vertically integrated provider of industry-leading diagnostics and supportive software solutions to healthcare providers that acquired Jellico Community Hospital, its third rural hospital in Tennessee, at the beginning of March 2019, announces the appointment of Michael Alexander, FACHE as Chief Executive Officer of Jamestown Medical Center, Inc. effective June 10, 2019.
Mr. Alexander is a highly accomplished and experienced Operations Executive specialized in hospital administration and healthcare operations. Prior to joining Rennova Health as CEO of its Jamestown hospital, Mr. Alexander spent 10 years as Hospital Administrator with Tanner Health Systems in Georgia, where he managed overall operations of a 25-bed joint commission-accredited Critical Access Hospital with over $98 million in revenue and over 22,000 ED visits per year.
Mr. Alexander has a B.S. in Psychology from Troy University, Troy, Alabama, and an M.S. in Community Counseling from Georgia State University, Atlanta, Georgia.
“We are delighted to welcome Michael to the Rennova team,” said Seamus Lagan, CEO of Rennova Health, Inc. “His knowledge and experience in the rural hospital sector will ensure excellent leadership for our Jamestown hospital. Michael is originally from Dothan, AL and has spent a large portion of his career in Georgia. He now lives in East Tennessee and fully understands the needs and workings of a rural community.”
“I believe that Jamestown Medical Center can effectively serve the medical needs of our area in a manner that is professional and efficient” said Michael Alexander “and I look forward to applying my knowledge and experience to oversee the hospital through its current challenges and to provide the very best medical care possible to this community.”
Jamestown TN Medical Center, Inc. is an 85 bed facility of approximately 90,000 square feet on over eight acres of land, which offers a 24-hour Emergency Department with two spacious trauma bays and seven private exam rooms, inpatient and outpatient medical services and a Progressive Care Unit which provides telemetry services.
As has been publicized, CMS has decided to terminate the hospital from participation in the Medicare program effective June 12th. Every effort is currently being made to correct this matter in the immediate future. Rennova is committed to the citizens of the communities served, for the long term, and we look forward to sharing more positive actions in the coming months as we correct the current situation with CMS, invest in and provide additional services from the hospital.
About Rennova Health, Inc.
Rennova operates three rural hospitals and a physician’s office in Tennessee and a Rural Clinic in Kentucky, and provides industry-leading diagnostics and supportive software solutions to healthcare providers. Through an ever-expanding group of strategic brands that work in unison to empower customers, we are creating the next generation of healthcare. For more information, please visit www.rennovahealth.com
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Additional information concerning these and other risk factors are contained in the Company’s most recent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
Contacts:
Rennova Health
Sebastien Sainsbury, 561-666-9818
ssainsbury@rennovahealth.com
Released June 10, 2019