Pacer Health Corporation Announces Grand Reopening of South Cameron Memorial Hospital Reopening Boosts Community Success, Promotes Growth
CAMERON PARISH, LA -- December 3, 2007-- Pacer Health Corporation (OTCBB: PHLH), an owner-operator of acute care hospitals and psychiatric care facilities in the Southeastern United States, is pleased to announce the reopening of South Cameron Memorial Hospital in Cameron, Louisiana.
The hospital, which was forced to cease operations as a result of Hurricane Rita in 2005, officially reopened on November 26, 2007. South Cameron Memorial Hospital passed its state inspection prior to the Thanksgiving Holiday on its first attempt which entitled the facility to reopen for business.
The hospital was forced into closure after Hurricane Rita completely devastated Cameron Parish in September 2005. Pacer and the Lower Cameron Hospital Service District have spent the last two years rebuilding the facility which serves as the only hospital for the residents in Cameron, Louisiana.
The re-opening of South Cameron Memorial Hospital will restore confidence and growth within the Cameron Parish community. The rebirth of the facility establishes that the parish will rebuild from what has been a terrible disaster.
"The grand reopening is an opportunity to bring the community together to celebrate our collective success, say thank you, and showcase the new facility," said John Vincent, Chief Operating Officer at Pacer Health and a Cameron Parish resident.
With the financial support of the Bush-Clinton Katrina Fund along with the support of Cameron Parish citizens and FEMA, Pacer Health and the Lower Cameron Hospital Service District have provided a state-of-the-art facility while maintaining the talented group of physicians, nurses, and other healthcare staff who call South Cameron Memorial Hospital home.
The new $25 million facility offers emergency room, inpatient, and skilled nursing services as well as outpatient doctor's office services to the residents of Cameron Parish and the area's several thousand oil and gas exploration personnel and commercial and recreational fishermen. South Cameron Memorial Hospital maintains sole community provider status in Cameron Parish.
In early 2006, South Cameron Rural Health Clinic became the first medical facility in Cameron Parish to reopen at a permanent physical location since Hurricane Rita’s devastation.
About Pacer Health Corporation
Pacer Health Corporation is an owner-operator of acute care hospitals and psychiatric care facilities serving non-urban areas throughout the Southeast. Please visit http://www.pacerhealth.com for more information.
"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. They are only predictions and may differ materially from actual future results or events. Pacer Health disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise. Important risk factors - including, but not limited to risks associated with changes in general economic and business conditions (including in the IT and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of market acceptance of our services, and changes in our business strategies - could cause actual results to differ from those contained in forward-looking statements.
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