Agility Health, Inc.
TSX VENTURE : AHI

Agility Health, Inc.

October 08, 2015 17:00 ET

Agility Health Announces Change in Management Team

GRAND RAPIDS, MICHIGAN--(Marketwired - Oct. 8, 2015) - Agility Health, Inc. (TSX VENTURE:AHI) ("Agility Health"), a leading provider of physical rehabilitation and software services that benefit patients, healthcare providers and employers, announced today that it is eliminating the position of Chief Corporate Development Officer, currently held by Mr. Terry Vanderkruyk. The decision was made as part of Agility Health's ongoing efforts to manage costs to improve its operating performance.

"We appreciate the work Terry has done since joining the Agility team," stated Steve Davidson, CEO of Agility Health. "However, ongoing expense management is necessary as Agility Health looks to build upon our improved operating performance."

About Agility Health

Through its subsidiary and principal operating entity, Agility Health, LLC, Agility Health operates a multi-state network of outpatient rehabilitation clinics and provides contracted services to hospitals, nursing homes and other institutional clients, providing care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and a variety of other injuries and conditions. In addition, Agility Health provides a number of ancillary services related to physical rehabilitation, including practice management software systems and custom orthotics. As of June 30, 2015, Agility Health operates 84 outpatient or onsite rehabilitation locations in 15 states. Agility Health's contract therapy services business provides rehabilitative services to 35 hospitals and inpatient rehabilitation units, 36 nursing homes, long-term care facilities and other service locations in 8 states. For more information, please visit investors.agilityhealth.com.

Forward-Looking Information

This press release contains forward-looking statements regarding Agility Health and its business. Such statements are based on the current expectations and views of future events of Agility Health's management. In some cases the forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate", "believe", "should" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release, may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the company. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumption and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Agility Health undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future events, or otherwise.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Agility Health, Inc.
    Steven N. Davidson
    Chairman and Chief Executive Officer
    (616) 356-5000