HOUSTON, Jan. 17, 2019 /CNW/ -- Nobilis Health Corp.
(NYSE American: HLTH) ("Nobilis" or the "Company") announced today
it has named current SVP of Finance, Brandon Moreno, as the Company's CFO, effective
immediately.
"Even though I've only been CEO a short time, I have been
working with Nobilis and interacting directly with Brandon for
several months. I have been extremely impressed with
Brandon's capabilities and knowledge of the industry. He is
highly respected by the management team and has been instrumental
in maintaining the morale of the finance and accounting staff
during this difficult time. Brandon is the right person to
lead the finance team and I'm excited to be working with him as we
continue the Company's migration to become a predominantly
In-Network provider," said James
Springfield, CEO.
Mr. Moreno has 11 years of healthcare financial management
experience across the Texas
market. He has been with Nobilis for over 4 years, assisting
with the Company's progression within the finance, accounting and
revenue cycle departments. Mr. Moreno received a Bachelor's
degree in Finance and Accounting from New York University. He
earned a Master's degree in Business Administration from the
University of Texas at San
Antonio.
About Nobilis Health Corp.
Nobilis Health (www.NobilisHealth.com) is a full-service
healthcare development and management company, with more than 30
locations across Texas and
Arizona, including hospitals,
ambulatory surgery centers, and multi-specialty clinics. In
addition, Nobilis Health partners with more than 30 facilities
across the country. Marketing nine independent brands, Nobilis
Health deploys a unique patient acquisition strategy driven by
proprietary, direct-to-consumer marketing technology, focusing on a
specified set of procedures that are performed at its facilities by
local physicians. Nobilis Health's business model connects patients
with physicians and delivers the highest quality healthcare.
Forward-Looking Statements
This press release contains certain forward-looking statements
within the meaning of Canadian and United
States securities laws, including the safe harbor for
forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995. Forward-looking statements include
all statements that do not relate solely to historical or current
facts and may be identified by the use of words such as "may,"
"believe," "will," "expect," "project," "estimate," "anticipate,"
"plan" or "continue." These forward-looking statements are based on
current plans and expectations and are subject to a number of
risks, uncertainties and other factors which could significantly
affect current plans and expectations and our future financial
condition and results. These factors, which could cause actual
results, performance and achievements to differ materially from
those anticipated, include, but are not limited to our ability to
successfully maintain effective internal controls over financial
reporting; our ability to implement our business strategy, manage
the growth in our business, and integrate acquired businesses; the
risk of litigation and investigations, and liability claims for
damages and other expenses not covered by insurance; the risk that
payments from third-party payers, including government healthcare
programs, may decrease or not increase as costs increase; adverse
developments affecting the medical practices of our physician
limited partners; our ability to maintain favorable relations with
our physician limited partners; our ability to grow revenues by
increasing case and procedure volume while maintaining
profitability at the Nobilis facilities; failure to timely or
accurately bill for services; our ability to compete for physician
partners, patients and strategic relationships; the risk of changes
in patient volume and patient mix; the risk that laws and
regulations that regulate payments for medical services made by
government healthcare programs could cause our revenues to
decrease; the risk that contracts are cancelled or not renewed or
that we are not able to enter into additional contracts under terms
that are acceptable to us; and the risk of potential decreases in
our reimbursement rates. The foregoing are significant factors we
think could cause our actual results to differ materially from
expected results. However, there could be additional factors
besides those listed herein that also could affect us in an adverse
manner.
We have not undertaken any obligation to publicly update or
revise any forward-looking statements. All of our forward-looking
statements speak only as of the date of the document in which they
are made or, if a date is specified, as of such date. Subject to a
mandatory requirements of applicable law, we disclaim any
obligation or undertaking to provide any updates or revisions to
any forward-looking statement to reflect any change in our
expectations or any changes in events, conditions, circumstances or
information on which the forward-looking statement is based. All
subsequent written and oral forward-looking statements attributable
to us or persons acting on our behalf are expressly qualified in
their entirety by the foregoing factors and in our Annual Report on
Form 10-K for the fiscal year ended December
31, 2017, filed on March 12,
2018, as updated by other filings with the Securities and
Exchange Commission.
Contact Information:
Marty Spake
Vice President, Corporate Development
(281) 506-9794
MSpake1412@Nobilishealth.com
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SOURCE Nobilis Health Corp.
