Consolidated Medical Management Announces Appointment of Chairman of the Board And Chief Executive Officer
BATON ROUGE, La., Nov. 17 /PRNewswire/ -- Consolidated Medical Management, Inc. (OTC Bulletin Board: CMMI), a health care services and management company, announced today that Douglas M. Kemp has been appointed as the Company's Chairman of the Board and Chief Executive Officer.
Mr. Kemp has over 30 years of experience in management and consulting for medical related companies and financial institutions. He has extensive experience in factoring and financing of medical receivables, and served as Chief Executive Officer of Hospital Informative Services, Inc., that provided administration and receivables factoring for 1,000 physicians and 32 hospitals. He also served as Director of mergers and acquisitions for Affiliated Computer Systems, Inc. Mr. Kemp's expertise will greatly enhance the Company's immediate goal of acquiring Imaging Centers throughout the Southwestern United States, along with the growth and expansion of CMMI's existing operations.
Mr. Kemp replaces the former Chairman and Chief Executive Officer, Mr. Jack London, whose resignation was accepted by the Board of Directors.
Company overview: CMMI is a health care Management Services Organization (MSO), which currently consists of the following companies, Psychiatric Management Services, Inc., Independent Diagnostic Services, Inc., Practice Management Services of Nevada Inc., Nevada Resort Medical Services, Ltd., Health WoRx, Inc., and HealthScape, Inc.
Safe Harbor Statement: This release may contain certain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and contain forward-looking statements that involve risks and uncertainties, including without limitations, continued acceptance of the Company's products and services, increased levels of competition, new products and technological changes. Actual events or results may differ from the Company's expectations as a result of risk factors discussed in CMMI's report on file with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's report on Form 10K for the year ended December 31, 1998.
SOURCE Consolidated Medical Management, Inc.
/CONTACT: Douglas Kemp, CEO of Consolidated Medical Management, Inc.,
225-292-3100/
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