HOUSTON, Sept. 11, 2001 (PRIMEZONE) -- SurgiCare, Inc. (AMEX:SRG), a Houston-based Ambulatory Surgical Center (ASC) provider, announced today that it had appointed Charles S. Cohen to the position of Co-Chief Executive Officer, where he will share marketing, operations, financial and managerial responsibilities with Dr. David Blumfield, SurgiCare's current CEO. Mr. Cohen will also continue to remain as Chief Operating Officer. The appointment is effective immediately.
"We continue to aggressively roll-out our nationwide Ambulatory Surgical Centers," said Dr. Blumfield. "As a result of this expansion, it will be necessary to share many of these managerial responsibilities that will be created by this rapid growth. I look forward to working closely with Chuck to accomplish this objective."
"We have obtained a listing on a national exchange, formed a relationship with a leading developer of office buildings and significantly enhanced our infrastructure in a short period of time," said Mr. Cohen. "We have never been better positioned to consolidate this sector."
Mr. Cohen has served as Chief Operating Officer of SurgiCare and its predecessor since 1998. Previously, he was President of Medical Distribution International, Inc. (MDI). That firm purchased, imported, and exported medical and surgical equipment. He was awarded a Bachelor of Arts Degree from the University of Missouri at Columbia.
About SurgiCare, Inc.
SurgiCare, Inc., offers licensed, freestanding Ambulatory Surgery Centers, and specialty hospitals for use by physicians and its physician partners and their patients. Freestanding refers to the fact that the facilities are physically and organizationally independent from a hospital. Ambulatory Surgery means surgical procedures, which do not require overnight hospitalization after the surgery. The ASC's are run under the guidance of a committee of physician partners. SurgiCare's goal is to grow through mergers, acquisitions, and turnkey management contracts in conjunction with physician-involved supervision and potential equity participation within a public company model. For more information on SurgiCare, please visit the company's Website at www.surgicareinc.com.
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