Coram names Rod Wolford acting chief financial officer.DENVER--(BUSINESS WIRE)--July 17, 1995--Coram Healthcare Corp. (NYSE NYSE See: New York Stock Exchange :CRH CRH corticotropin-releasing hormone. CRH abbr. corticotropin-releasing hormone CRH corticotropin releasing hormone. ) Monday announced the appointment of G. Rodney Wolford as acting chief financial officer, effective immediately, replacing Sam Leno who has resigned in order to accept a position at another company. Leno had served as Coram's chief financial officer since July, 1994. "We are sorry to see Sam leave, but are delighted to welcome Rod Wolford," said James M. Sweeney, Coram's chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Rod has an extremely strong financial background, has run a $1 billion health care system, and has been a key strategic advisor to Coram since 1994, working to bring about the merger that created our company and the subsequent acquisition of Caremark's home infusion business -- as well as advising us on our relations with hospitals and health care systems. Rod's outstanding background in healthcare services incorporates the development of innovative service models and significant managed care experience." "Coram is uniquely positioned to make a major contribution, improving patient care and reducing costs," said Wolford. "It is a company I believe will play a key role in re-shaping health care delivery during the 1990's." Wolford's prior experience includes serving as president and CEO of California Healthcare System in San Francisco, president and CEO of Alliant Health System in Louisville, Ky., which is recognized for its pioneering efforts in Total Quality Management and CEO of Healthlink (Legacy Health System) in Portland, Ore. Wolford, 48, a graduate of the University of Kentucky The University of Kentucky, also referred to as UK, is a public, co-educational university located in Lexington, Kentucky. in accounting, is a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. and received his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the University of Pittsburgh. He has served as chairman of the Health Care forum, chairman of the American Hospital Associations American Hospital Association (AHA), n.pr a nonprofit national organization of individuals, institutions, and organizations engaged in direct patient care. The association works to promote the improvement of health care services. Section for Healthcare Systems and on the Executive Committee of American Healthcare Systems. Coram, with headquarters in Denver, is a leading provider of alternate site patient care. Coram's name, which is Latin for "openly, face-to-face," reflects its mission: to work with patients, physicians, managed care, and other providers to develop new and better models of care for those with serious or chronic medical problems. CONTACT: Coram Healthcare Susan Witter, 303/672-8718 or Paige Cosby, 303/672-8725 |
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