Sterling Healthcare, a national leader in the provision
of clinical contract management services, today announced that its
Executive Committee, comprising the company' senior management, has
been appointed by the Board of Directors to manage the day-to-day
operations of the company. The move follows a request for a leave of
absence from former President and CEO, Dr. Steven Dresnick. Dr.
Dresnick, an early leader in the physician practice management
industry, will be available for consultation with Sterling Healthcare.
"We are all indebted to Dr. Dresnick for his extraordinary level of commitment and dedication to our employees, clients and physicians," said Eugene Dauchert, EVP and General Counsel of Sterling Healthcare, who has been named interim President and CEO. "We certainly wish him the very best in the future and look forward to his new role."
Mr. Dauchert, a 15-year veteran of the company, will serve as president and CEO while the Board conducts a nationwide search for a permanent replacement for Dr. Dresnick. He will lead the senior management team, consisting of Lewis Sanders, CEO of the Government Services Division; Michael Justice, CIO; Scott Dillon, EVP; and Brenda Lanzel, CFO.
"I have complete confidence in this management team and I am extremely excited about prospects for the future," added Martin D. Sass, founder, Chairman and CEO of Resurgence Asset Management, the New York private equity firm that has provided financial support for the company since acquiring a majority of the stock in February 2004. "We are committed to making this a very successful company and to devoting all the resources necessary to make that happen."
About Sterling Healthcare
Sterling Healthcare is a national leader in the provision of clinical contract management services. With over 215 contracts in 30 states, Sterling Healthcare is dedicated to the highest standards of quality care. Each year over 1,400 contracted Sterling physicians provide care for more than two million patients across the country. Sterling providers work in a variety of settings, including adult and pediatric emergency departments, intensive care units, anesthesiology, radiology and pediatric inpatient units. Sterling is also the leading provider of clinical services to the United States Military Medical Services through its subsidiary, PhyAmerica Government Services.
"We are all indebted to Dr. Dresnick for his extraordinary level of commitment and dedication to our employees, clients and physicians," said Eugene Dauchert, EVP and General Counsel of Sterling Healthcare, who has been named interim President and CEO. "We certainly wish him the very best in the future and look forward to his new role."
Mr. Dauchert, a 15-year veteran of the company, will serve as president and CEO while the Board conducts a nationwide search for a permanent replacement for Dr. Dresnick. He will lead the senior management team, consisting of Lewis Sanders, CEO of the Government Services Division; Michael Justice, CIO; Scott Dillon, EVP; and Brenda Lanzel, CFO.
"I have complete confidence in this management team and I am extremely excited about prospects for the future," added Martin D. Sass, founder, Chairman and CEO of Resurgence Asset Management, the New York private equity firm that has provided financial support for the company since acquiring a majority of the stock in February 2004. "We are committed to making this a very successful company and to devoting all the resources necessary to make that happen."
About Sterling Healthcare
Sterling Healthcare is a national leader in the provision of clinical contract management services. With over 215 contracts in 30 states, Sterling Healthcare is dedicated to the highest standards of quality care. Each year over 1,400 contracted Sterling physicians provide care for more than two million patients across the country. Sterling providers work in a variety of settings, including adult and pediatric emergency departments, intensive care units, anesthesiology, radiology and pediatric inpatient units. Sterling is also the leading provider of clinical services to the United States Military Medical Services through its subsidiary, PhyAmerica Government Services.
© 2005 Business Wire
