Regency Hospital of North Dallas Opens Doors
Thursday, May 11, 2006
Dallas, Texas (April 24, 2006) - Regency Hospital Company today announced the opening of Regency Hospital of North Dallas. Regency Hospital of North Dallas is the second hospital opened in Texas, joining Regency Hospital of Odessa which opened its doors in 2003. Regency Hospital is a 44-bed hospital which is located in Carrollton. Regency Hospital is a Long Term Acute Care (LTAC) hospital treating medically complex patients who have suffered recent catastrophic illness or injury and require an extended length of stay, typically longer than 14 days, in an acute care environment. Regency Hospital of North Dallas began taking patients on Thursday, April 20, 2006.
Regency Hospital Company has appointed Mr. Steve Laughlin, Chief Executive Officer of the hospital. "Steve Laughlin was the only choice as CEO for our Dallas and Fort Worth hospitals (Ft. Worth is schedule to open later this summer). As a long time resident of Texas and member of the healthcare community, Steve Laughlin has a personal interest in making a difference in the lives of the people of this community. Mr. Laughlin’s vast healthcare experience and knowledge of the marketplace, certainly makes him the ideal candidate for this market," commented Mike Brohm, Chief Operating Officer at Regency Hospital Company. "Steve Laughlin is highly experienced in Business Development and Healthcare Administration. His successful track record within the industry will guide the hospital in creating an outstanding clinical LTAC program," he continued.
"I am pleased to bring Regency to the Dallas community. Regency’s mission to have the finest LTAC program in the country is being realized all over the country in its hospitals. I am excited to bring that same level of LTAC hospital to this area." stated Steve Laughlin, CEO of both Regency Hospital of North Dallas and Regency Hospital of Fort Worth.
Regency Hospital Company is headquartered in Atlanta, Georgia and a leading developer of Long Term Acute Care (LTAC) hospitals across the United States. Regency presently has eighteen hospitals open with several more in active development. Regency was formed by Rod Laughlin and Waud Capital Partners.
Waud Capital Partners, L.L.C. is a private equity investment firm founded in 1993 and located in Lake Forrest, Illinois. Waud Capital Partners has successfully completed over fifty investments in a wide range of industries, including adhesives, alarm monitoring, automotive components, coatings, consumer products, lighting, medical distribution, publishing, sealants and specialty hospitals.
For more information on Regency Hospital Company and/or Waud Capital Partners visit www.regencyhospital.com and/or www.waudcapital.com.