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INTEGRATED HEALTH SERVICES APPOINTS SENIOR VICE PRESIDENT FINANCE

INTEGRATED HEALTH SERVICES APPOINTS SENIOR VICE PRESIDENT FINANCE
 HUNT VALLEY, Md., Oct. 15 /PRNewswire/ -- Integrated Health Services, Inc. (NASDAQ: IHSI) today announced it has appointed David N. Chichester senior vice president of finance.
 "David's strong financial background in debt and equity financing and his leadership skills will be of great benefit to IHS," said Robert N. Elkins, chairman, president and chief executive officer.
 Mr. Chichester, who joined IHS in October of this year, has spent more than 15 years in senior financial positions at various corporations. Most recently, he was vice president corporate finance and assistant treasurer at Marriott Corporation. Previously he was with General Electric Credit Corporation, first as manager of strategic planning and business development and later as vice president-manager investment banking. Mr. Chichester has also held corporate finance positions at Warburg Paribas Becker, Inc. and the First National Bank of Chicago.
 Mr. Chichester is 46 years old and served as a lieutenant in the U.S. Navy. He received a B.A. from Brown University and an M.B.A. from Harvard University.
 IHS uses geriatric care facilities as a platform for the company's Medical Specialty Unit (MSU) program which provides a wide range of subacute stage medical and rehabilitative services traditionally given in an acute care hospital. Patients who are medically stable but require sophisticated monitoring and therapy receive specialized care such as ventilator therapy, wound management and post-operative care. The MSU setting is both cost effective and less institutional. IHS currently operates 55 geriatric care facilities nationwide with more than 7,200 beds including a 501 bed network of MSU beds in 26 specialized units.
 -0- 10/15/92
 /CONTACT: Robert N. Elkins, M.D., chairman, CEO and president of Integrated Health Services, Inc., 410-584-7050, or Susan A. Noonan of Noonan/Russo Communications, Inc., 212-979-9180, for Integrated Health Services, Inc./
 (IHSI) CO: Integrated Health Services, Inc. ST: Maryland IN: HEA SU: PER


SM-AH -- NY012 -- 0256 10/15/92 09:25 EDT
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Date:Oct 15, 1992
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