Pacer Health Corporation Adds Manuel R. Llano as Interim VP of Finance MIAMI--(BUSINESS WIRE)--May 9, 2005--Pacer Health Corporation (OTCBB:PHLH - News), a Miami-based owner-operator of acute care hospitals, medical treatment centers and psychiatric care facilities, announced today that effective immediately, Manuel R. Llano, a senior executive with more than 20 years experience in accounting and financial management of healthcare facilities, has joined the company as interim vice president of finance. Llano replaces David L. Byrns, who has left the company to pursue other ventures. In his new role as interim vice president of finance, Llano will manage the finances of Pacer Health facilities and review future, potential acquisitions for inclusion in the Pacer Health portfolio. Prior to joining Pacer Health, Llano served as CFO of South Shore Hospital, a 196-bed, not-for-profit medical center in Miami Beach, Florida, with annual revenues in excess of $96 million. From 1997 to 2004, he served as CFO and COO of Health Systems America, comprised of two psychiatric hospitals and various outpatient centers with combined annual revenues of $46 million. Llano previously served as CFO of West Gables Rehabilitation Center, a facility with 180 beds and annual revenues of more than $43 million. Prior to his work at West Gables, Llano held various positions of increasing responsibility at Colombia HCA Healthcare Corporation. From 1991 to 1995, he served as CFO of Medical Park Diagnostic Multicenter, the administrative hub for four outpatient medical facilities. This followed tenures as controller at Kendall Regional Medical Center and Victoria Hospital from 1988 to 1991. Llano began his career in healthcare as an audit manager for Humana Healthcare Plans - IMC and later joined Palm Springs General Hospital as assistant controller. He holds a bachelor's degree from the University of Miami, as well as an MBA from Nova Southeastern University. "Manuel brings a proven track record of effective financial management with increased cash collections and profitability," said Rainier Gonzalez, chairman and CEO of Pacer Health. "We are confident that Pacer Health will benefit greatly from his expertise." Llano will begin work immediately, and will be based jointly in Cameron, Louisiana, and Miami, Florida.
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