Healthland Names Angie Franks as New Chief Executive Officer

Announcement made at the Annual Users Conference in Chicago

CHICAGO--(BUSINESS WIRE)-- Healthland, America's market leader of healthcare information technology solutions for rural hospitals, today named Angie Franks as the company’s new president and chief executive officer. The announcement was made at Connect 10, Healthland’s Annual Users Conference. The appointment will take effect immediately.

Franks succeeds John Trzeciak, who served as interim CEO since June 2010. Trzeciak, an Operating Advisor with Francisco Partners, which acquired Healthland in 2007, will continue to serve on the Healthland Board of Directors. “The search for the new Healthland CEO was an extremely rigorous process,” said Trzeciak. “We considered a pool of high caliber executives for this important position and ultimately found Angie Franks best suited to lead the organization as it continues its role helping to transform community healthcare. The Healthland Board of Directors is absolutely confident in her leadership abilities and impressed with her intimate knowledge of the rural hospital community.”

Franks has served Healthland as an executive since 2007. Most recently, she held the position of senior vice president of sales and market development leading the business development, sales and marketing functions. From 2007 to 2009, Franks was responsible for increasing Healthland’s revenue by 56 percent. She also took a lead role in rebranding the company from Dairyland to Healthland in 2008 and managed the identification, selection and integration of two acquisitions to cement Healthland’s leadership position in the rural hospital market.

“We are delighted to have Angie leading Healthland at this critical time for the Company and the industry,” said Ezra Perlman, Partner with Francisco Partners and the head of its healthcare IT practice. “Angie has a profound understanding of the needs of community hospitals and a passion for helping those hospitals achieve their goals.”

“This appointment will be a seamless move for our employees and our clients,” said Angie Franks, president and CEO, Healthland. “We will continue to focus on our existing priorities: providing a superior client experience, helping clients achieve Meaningful Use, and delivering products and services that create operational efficiencies and improve patient care. Together with our talented employees and experienced leadership team, we will stay ahead of the curve by providing our clients with the tools and technology that will allow them to thrive.”

Prior to joining Healthland, Franks spent seven years at Lawson Software where she led market development for the organization’s healthcare business. She also had primary responsibility for marketing integration during Lawson’s $450 million acquisition of Intentia. Franks has spent 20 years in the healthcare industry working in provider organizations and healthcare IT companies.

She is a member of the Healthcare Financial Management Association (HFMA), Healthcare Information Management Systems Society (HIMSS), National Rural Health Associated (NRHA), and an appointed member of the Minnesota e-Health Initiative.

About Francisco Partners:

With over $7 billion of committed capital and offices in San Francisco and London, Francisco Partners is one of the world's largest technology-focused private equity funds. The firm was founded to pursue structured investments in technology companies undergoing strategic, technological, and operational inflection points. Francisco Partners targets majority and minority investments in private companies, public companies, and divisions of public companies, with transaction values ranging from $30 million to $2 billion. The principals of Francisco Partners have a proven track record, having invested in excess of $3 billion of equity capital in over 50 technology companies. For additional information, visit www.franciscopartners.com.

About Healthland:

Healthland is America’s largest provider of fully integrated solutions to rural community and critical access hospitals, serving more than 500 clients across the country. Software and services from Healthland, including its electronic health record (EHR) solution, empower community hospitals to deliver the best possible healthcare by providing a central repository of patient information in all care settings, be it a hospital, clinic or extended care facility.

With 30 years of experience in the rural healthcare market, Healthland solutions are uniquely suited to the size and needs of rural hospitals, enabling them to focus on what they do best – care for neighbors, family and friends. Founded in Glenwood, Minn., population 2,600, Healthland also has offices in Minneapolis, Minn., Louisville, Ky. and Waco, Texas. More information is available at: http://www.healthland.com.



CONTACT:

Healthland
Tracey Schroeder, 612-787-3125
[email protected]

KEYWORDS:   United States  North America  Illinois  Minnesota

INDUSTRY KEYWORDS:   Technology  Data Management  Hardware  Networks  Software  Health  Hospitals  Medical Supplies

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