Fort Worth Ground Breaking
Thursday, May 11, 2006
(Atlanta) May 8, 2006 – Regency Hospital Company announced today that the company has officially broken ground at their newest hospital site in Fort Worth, Texas. Regency Hospital Company officials, along with Regency’s Construction Division celebrated the ground breaking with a special ceremony. Regency Hospital of Fort Worth is schedule to open in the summer of 2006.
Regency Hospital of Fort Worth will be a 40-bed free standing long term acute care (LTAC) hospital. Regency Hospital will provide intensive critical care to medically complex patients needing acute care intervention and therapy for a longer time period than the traditional hospital is designed to provide.
Regency Hospital Company has spent the last year working with consultants to develop and finalize architectural, structural and mechanical design plans for the hospital in order to provide a state of the art freestanding LTAC hospital. "We are pleased to bring this hospital to the Fort Worth area and to provide this very specialized level of care, commented Steve Laughlin, CEO of Regency Hospital of North Dallas which opened its doors this month in Carrollton, Texas.
"Regency Hospital will be a tremendous asset, not only to Fort Worth, but to the entire region," stated George Bruton, Vice President of Construction and Design. "This hospital will be one of the finest LTAC hospitals in the country," he continued.
Regency Hospital Company 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. Regency 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 fifty 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 www.regencyhospital.com and/or www.waudcapital.com.