SANTA ANA, Calif., April 10 /PRNewswire-FirstCall/ -- Integrated Healthcare Holdings, Inc. (OTC Bulletin Board: IHCH) ("IHHI") announced today it has named Edward S. Gyimah as its Chief Compliance Officer, to oversee all areas of compliance with government regulation of its hospitals. Since 2006, Gyimah has worked as the Director of Internal Audit and has been instrumental in establishing and implementing the Company's Sarbanes-Oxley compliance program. Prior to his employment with the Company, he served as a director of financial analysis for Hollywood Presbyterian Medical Center and as a regional compliance director and a manager of internal audit for Tenet Health Systems, Incorporated. Gyimah earned his Bachelor of Science Degree from Northern Kentucky University in 1981 and is licensed by the Texas State Board of Public Accountancy as a Certified Public Accountant.
About Integrated Healthcare Holdings, Inc.
IHHI is a hospital management company created to provide high-quality healthcare services through the acquisition and management of financially distressed or poorly performing healthcare facilities. In March 2005 IHHI acquired from Tenet Healthcare Corp. four facilities representing approximately 12% of the hospital beds in Orange County, California. Management's focus is on reducing overhead, improving relationships with insurance companies and HMOs, and enhancing financial and operating procedures, notably reduction of bad debt and collection of accounts receivable and government reimbursements.
This press release contains forward-looking statements. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those discussed or projected. Statements in this press release regarding the business of Integrated Healthcare Holdings, Inc., which are not historical in nature, are "forward-looking statements" that involve risks and uncertainties. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those anticipated, estimated, or projected in the forward-looking statements due to risks and uncertainties, including those discussed in our Annual Report on Form 10-KSB under the caption "Risk Factors." Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of their dates. IHHI assumes no obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of this press release.
SOURCE Integrated Healthcare Holdings, Inc.
