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SOURCE Northstar Healthcare Inc.
Northstar Congratulates Kenneth Efird's Promotion to Company's C-Suite
HOUSTON, March 14, 2013 /CNW/ - Northstar Healthcare Inc. (TSX:NHC)
("Northstar") today announced that Dr. Kenneth Efird, D.C. has been
promoted to Northstar's Chief Business Development Officer. Dr. Efird's
relationship with the company began ten years ago when he was a leading
physician who was practicing medicine at the Palladium for Surgery in
Houston, a surgical center which Northstar purchased in 2007. Dr. Efird
joined Northstar in 2010 to oversee Northstar's clinical operations. "I
was always inspired by Northstar's founders, who consistently focused
upon aligning Northstar's programs with physicians. As the healthcare
industry continues to transform, there are a number of wonderful
opportunities for Northstar to flourish. It is my responsibility to
build our physician-led programs as a way to build Northstar's
revenues," said Dr. Efird.
"Northstar was founded in 2007 with strong revenues tied largely to its
physician relationships. Over a two-year period from 2007 to 2008,
Northstar surgical centers' revenues exceeded $75.6 million dollars",
notes Dr. Donald Kramer, Northstar's founder and current CEO. "The
management team is strongly motivated to rebuild the company's revenues
and reach its potential. Dr. Efird has deep domain knowledge and is
highly respected by his colleagues. His work will dovetail with the
work of Adam Lefton, our new Chief Marketing Officer, who is
implementing our direct to consumer programs."
About Northstar Healthcare Inc.
Northstar partners with physicians in the ownership and management of
ambulatory facilities and healthcare services. Northstar owns and
manages interests in three ambulatory surgery centers, two in Houston
and the third in Dallas.
Forward-looking statements
This news release may contain forward-looking statements (within the
meaning of applicable securities laws) relating to business of
Northstar Healthcare Inc. (the "Company") and the environment in which
it operates. Forward-looking statements are identified by words such as
"believe", "anticipate", "expect", "intend", "plan", "will", "may" and
other similar expressions. These statements are based on the Company's
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guarantees of future performance and involve risks and uncertainties
that are difficult to control or predict. These risks and uncertainties
are discussed in the Company's regulatory filings available on the
Company's web site at www.Northstar-Healthcare.com or at www.sedar.com. There can be no assurance that forward-looking statements will prove
to be accurate as actual outcomes and results may differ materially
from those expressed in these forward-looking statements. Readers,
therefore, should not place undue reliance on any such forward-looking
statements. Further, a forward-looking statement speaks only as of the
date on which such statement is made. The Company undertakes no
obligation to publicly update any such statement or to reflect new
information or the occurrence of future events or circumstances.
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