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Attention Business Editors
Centric Health announces board changes
TORONTO, June 25 /CNW/ - Centric Health Corporation ("Centric Health")
(TSX: CHH), a diversified healthcare company with a vision to become Canada's
premier healthcare company providing innovative solutions centered around
patients and healthcare professionals, today announced changes to the Board of
Directors following the Company's annual meeting, held on Tuesday, June 22 at
Centric Health's offices in Toronto. Dr. Martin Barkin is stepping down as the
Chairman of the Company and Dr. Jack Shevel, current director and Interim
President and Chief Executive Officer of Centric Health, will take over as
Chairman.
Centric Health is currently interviewing prospective non-executive
directors in an effort to further strengthen the boards' composition. The
Board of Directors at Centric Health is currently comprised of Dr. Jack
Shevel, Darren Youngleson, Ingrid Davis, Bob Wardell and Dr. Tom Magyarody.
About Centric Health
Centric Health's vision is to be Canada's premier healthcare company,
providing innovative solutions centered around patients and healthcare
professionals. As a diversified healthcare company with investments in several
niche service areas, Centric Health currently has operations in medical
assessments, disability and rehabilitation management, physiotherapy, hospital
services and wellness and prevention. With knowledge and experience of
healthcare delivery in international markets and extensive and trusted
relationships with payers, physicians, and government agencies, Centric Health
is pursuing expansion opportunities into other healthcare sectors to create
value for all stakeholders with an unwavering commitment to the highest
quality of care. Centric Health is listed on the TSX under the symbol CHH. For
further information, please visit www.centrichealth.ca. Centric Health's
strategic advisor is Global Healthcare Investments & Solutions, Inc.
(www.ghis.us).
This press release contains statements that may constitute
"forward-looking statements" within the meaning of applicable Canadian
securities legislation. These forward-looking statements include, among
others, statements regarding business strategy, plans and other expectations,
beliefs, goals, objectives, information and statements about possible future
events. Readers are cautioned not to place undue reliance on such
forward-looking statements. Forward-looking statements are based on current
expectations, estimates and assumptions that involve a number of risks, which
could cause actual results to vary and in some instances to differ materially
from those anticipated by Centric Health and described in the forward-looking
statements contained in this press release. No assurance can be given that any
of the events anticipated by the forward-looking statements will transpire or
occur or, if any of them do so, what benefits Centric Health will derive there
from.
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/For further information: Peter Walkey, Chief Financial Officer, Centric
Health, 416-481-0834 ext. 309, pwalkey@centrichealth.ca; Michael Moore,
Investor Relations, Equicom Group, 416-815-0700 ext. 241,
mmoore@equicomgroup.com/
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