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IHHI Retains Silverman Heller Associates
Business Wire, March 8, 2005
COSTA MESA, Calif. -- Integrated Healthcare Holdings, Inc. (IHHI) (OTCBB:IHCH) has retained Silverman Heller Associates to assist the Company in developing and implementing a comprehensive investor relations program.
"In retaining Silverman Heller Associates," said Larry B. Anderson, president of Integrated Healthcare Holdings, Inc., "we look forward to expanding our dialogue with the investment community. Silverman Heller will assist us in finding new investors who share our enthusiasm for IHHI's future and whose support will be instrumental in our efforts to maximize shareholder value."
About Integrated Healthcare Holdings, Inc.
IHHI is a predominantly physician-owned management company created to provide high-quality healthcare 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 hospital beds in Orange County, Calif. 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.
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