Regency Hospital Company Names Ron Drabik Chief Financial Officer

Regency Hospital Company, a national leader in long term acute care (LTAC) hospitals, today announced the appointment of Ronald Drabik as its new Chief Financial Officer.

Drabik is a seasoned executive with a strong track record in finance, administration and healthcare management. He joins Regency with years of experience in public companies, as well experience in preparing companies to put the financial and accounting systems in place necessary to be Sarbanes-Oxley compliant. Drabik formerly served as Chief Financial Officer for CCS Medical located in Clearwater, Florida and served for several years with Horizon Healthcare, as Chief Financial Officer and Senior Vice President, located in Lewisville, Texas.

Mr. Drabik assumed his new position in June 2006 taking over from Gene Winters who is resuming the role of Chief Strategy Officer and Senior Vice President, Regency Hospital Company.

Regency Hospital Company is headquartered in Atlanta, Georgia and is a leading developer of Long Term Acute Care (LTAC) hospitals across the United States. Regency presently has eighteen hospitals open with several more in active development. The company was formed by Rod Laughlin and Waud Capital Partners.

Waud Capital Partners, L.L.C. is a private equity investment firm founded in 1993 and located in Lake Forrest, Illinois. Waud Capital Partners has successfully completed over sixty investments in a wide range of industries, including adhesives, alarm monitoring, automotive components, coatings, consumer products, lighting, medical distribution, publishing, sealants and specialty hospitals.

For more information on Regency Hospital Company and/or Waud Capital Partners visit and/or

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