American HomePatient Promotes Judy Stoleson to National Vice President of Strategic Alliances.BRENTWOOD, Tenn.--(BUSINESS WIRE)--Oct. 21, 1997--Edward K. Wissing, president and chief executive officer of American HomePatient Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AHOM), has announced that Judy Stoleson has been promoted to the position of national vice president for strategic alliances for the company. Stoleson, who previously held the position of vice president of strategic alliances for the Western U.S., will now oversee American HomePatient's efforts to develop joint ventures and other strategic alliances with prestigious hospitals and integrated health care integrated health care, n healthcare services combining the best of conventional and complementary health care. delivery systems on a national basis. "American HomePatient already has a strong track record of success in the area of joint ventures and strategic alliances," explained Wissing. "And just recently, we announced that we would be accelerating our activity in this area as part of our fundamental reshaping of the company for long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. growth. "Judy Stoleson has done an outstanding job of leading our strategic alliance efforts in the western states over the past 18 months," Wissing continued. "Elevating her to a position of national scope is just the first of several steps we are taking to further strengthen our resources dedicated to this important area." Stoleson, former owner and manager of Duracare, a home health care company located in Tempe, Ariz., joined American HomePatient as a regional vice president for operations after the company acquired Duracare in 1992. Other members of Stoleson's team include former regional vice presidents Dean Alverson, as vice president of strategic alliances for the Eastern U.S., and Gary Sisson, assuming Stoleson's previous position over the Western U.S. American HomePatient is one of the nation's largest diversified diversified (di·verˑ·s providers of home health care services with more than 300 centers in 35 states. The company's primary product and service offerings include home respiratory services, home infusion, parenteral parenteral /pa·ren·ter·al/ (pah-ren´ter-al) not through the alimentary canal, but rather by injection through some other route, as subcutaneous, intramuscular, etc. par·en·ter·al adj. 1. and enteral nutrition Enteral nutrition Nourishment given through a tube or stoma directly into the small intestine, thus bypassing the upper digestive tract. Mentioned in: Electrolyte Supplements, Enterostomy, Necrotizing Enterocolitis , and home medical equipment. American HomePatient's common stock is traded on the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (National Market) under the symbol AHOM. CONTACT: American HomePatient Inc., Brentwood Edward K. Wissing or Kathey S. Palmer, 615/221-8884 |
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