David Rubenstein Appointed as President and CEO of Coastal Administrative Services, LLC.Company Provides Comprehensive Business Office Solutions to the Long-Term Care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. and Post Acute Industries ATLANTA -- Coastal Administrative Services, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control today announced that it has named David Rubenstein David Rubenstein is the co-founder of The Carlyle Group, an American private equity firm. Rubenstein grew up in Baltimore, and graduated from the Baltimore City College and then from Duke University magna cum laude in 1970. its President and Chief Executive Officer. Coastal Administrative Services is a leading national provider of outsourced Information Technology and comprehensive administrative back office business solutions to the long-term care industry. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. John Lanier, Chairman of Coastal Administrative Services, Mr. Rubenstein was the clear choice to lead the Company's growth initiatives. Mr. Lanier said: "David brings strong visionary and leadership abilities to the Company, combined with his strong knowledge of the needs of skilled nursing facility skilled nursing facility n. Abbr. SNF An establishment that houses chronically ill, usually elderly patients, and provides long-term nursing care, rehabilitation, and other services. operators. As we continue to offer additional products and services and expand our client base, David will be instrumental to the future growth and success of the Company." Rubenstein comes to Coastal with an extensive background in managing and operating long-term and post-acute care facilities. Most recently he served as Chief Development Officer for Genoa Healthcare Consulting, LLC, where he was responsible for all aspects of business development. From 1999 to 2004, Mr. Rubenstein served in various senior executive positions for Centennial HealthCare, an operator of skilled nursing facilities throughout the United States. At Centennial, he served Senior Vice President of Inpatient Services, where he was responsible for operations at 67 skilled nursing facilities. He also was Senior Vice President of Operational Standards, where he implemented a project that saved the company over $1 million annually. Mr. Rubenstein began his healthcare career as a staff accountant and then Controller for the Flatley Company, an owner/operator of long-term care facilities long-term care facility n. See skilled nursing facility. located in Massachusetts. Mr. Rubenstein holds a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies in Accounting from the University of Rhode Island History The University was first chartered as the state's agricultural school in 1888. The site of the school was originally the Oliver Watson Farm, and the original farmhouse still lies on the campus today. . Bruce Wertheim is CFO See Chief Financial Officer. of Mission Health of Georgia, a company that operates 18 skilled nursing facilities for which Coastal provides outsource Information Technology and comprehensive back-office services. Mr. Wertheim stated: "We are very pleased with the services we receive from Coastal. As our company has grown through facility acquisitions and start-ups, Coastal has provided all of the IT and other critical administrative support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services that have allowed us to integrate facility operations seamlessly. Just as importantly, through Coastal's comprehensive reporting systems, we also have access to real-time data that help us run our business more efficiently." Mr. Wertheim added: "I have worked with David in the past, and his customer-first approach will be a great asset to a great company." ABOUT COASTAL ADMINISTRATIVE SERVICES Located in Atlanta, GA, Coastal Administrative Services provides comprehensive outsource business solutions to skilled nursing facilities and other healthcare companies. The Company's services include Information Technology, Accounting and Finance, Payroll and Benefits Administration, Accounts Payable Processing, Regulatory Support Services, Reimbursement and Cost Reporting, and Communications and Marketing Support. The Company's services help small to medium-sized owners/operators reduce administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. and perform much more efficiently, allowing them to focus on their core business - providing quality care to their patients. The Company currently has over 130 clients located in 19 states and DC. Its clients include Mission Health of Georgia, Sea Crest Health Care Management, Shoreline Healthcare Management, Senior Solutions Healthcare Management and Consulting, among others. For more information, please contact Alan Cosby, Vice President of Communications, Coastal Administrative Services, LLC, at 770-730-1111, 303 Perimeter Center North, Suite 500, Atlanta, Georgia 30346. You can also visit the company's website at www.coastaladm.com. |
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