PE-backed LHP Hospital Group Adds Executives

LHP Hospital Group, which is backed by private equity firm CCMP Capital Advisors, has named Paul Kappelman division president, and added Vance Reynolds as CEO of its Texas Health Presbyterian Hospital. Kappelman is the former CEO of Northwest Medical Center in Tucson, Arizona. Reynolds was previously CEO of Mississippi-based River Region Health System. LHP Hospital Group is based in Plano, Texas.

PRESS RELEASE
LHP Hospital Group, Inc. (LHP) announces the addition of Paul A. Kappelman, FACHE, MHA, as Division President of LHP and the appointment of Vance V. Reynolds, FACHE, CPA, MBA, as the new CEO of Texas Health Presbyterian Hospital-WNJ (THPH-WNJ) in Sherman, TX.

Kappelman is the former CEO of Northwest Medical Center in Tucson, Arizona, where he had the responsibility of leading and improving a healthcare network that includes a 300-bed acute care hospital, two joint ventured surgery centers, three urgent care centers and a multi-specialty physician practice. While in Arizona, he improved employee and physician satisfaction by greater than 50 percent.

Kappelman began his healthcare career in New Orleans while earning an undergraduate degree from Tulane University. He earned a Masters of Healthcare Administration and completed a fellowship from Tulane University Hospital and Clinic. He is a Fellow in the American College of Healthcare Executives.

“LHP is very fortunate that Paul has joined our team. His proven leadership and knowledge of hospitals from the ground up will serve us well as our team continues to improve the quality of healthcare services our hospitals provide to patients,” said LHP CEO Dan Moen. “Paul has an excellent track record of success as a CEO in the healthcare industry and has recruited hundreds of physicians and employees, reduced staff turnover and received multiple clinical excellence designations and awards.”

A native of Tom Bean, TX, Vance comes to THPH-WNJ from Vicksburg, Mississippi, where he has served as CEO of River Region Health System since 2008. While at River Region, Reynolds increased patient, physician and employee satisfaction scores significantly and was named outstanding CEO of Community Health Systems (CHS) in both 2007 and 2009.

Vance has held CEO, COO and CFO positions in Mississippi, South Carolina Louisiana and Arkansas. He received a Bachelor of Science degree in Accounting from the University of North Texas in Denton and a Masters of Business Administration from the University of Texas at Dallas. Vance is a Fellow with the American College of Healthcare Executives.

“Vance is an outstanding leader and accomplished administrator. He has an exceptional record in physician recruitment and is known for his communication skills and integrity. His passion for excellence will serve us well,” said Moen.

THPH-WNJ is a joint venture involving Texas Health Resources and LHP Hospital Group, Inc.

About Texas Health Presbyterian Hospital-WNJ

Texas Health Presbyterian Hospital-WNJ (THPH-WNJ) is a full-service medical center serving four counties of North Texas and Southern Oklahoma for over 95 years. With 241 licensed beds, over 1,150 employees and almost 190 affiliated physicians, THPH-WNJ’s mission is to improve the health of the people in the communities we serve. For more information on THPH-WNJ and its services, go to www.wnj.org.

About LHP Hospital Group, Inc. (LHP)

LHP Hospital Group, Inc. (LHP) is a privately held company established to provide essential capital and expertise to not-for-profit hospitals and hospital systems. In cooperation with local hospitals, LHP forms joint ventures to acquire, own, operate and manage acute care facilities in small cities and select urban markets throughout the United States. Headquartered in Plano, Texas, LHP is owned by affiliates of private equity firm CCMP Capital Advisors, LLC and the CPP Investment Board as well as members of management. For more information, please go to www.lhphospitalgroup.com.