CORAL GABLES, Fla., Aug. 2 /PRNewswire-FirstCall/ --
Ramsay Youth Services, Inc. (Nasdaq: RYOU) today announced that Jorge L. Rico
has been promoted to the position of Chief Operating Officer after serving as
acting Chief Operating Officer for the past seven months.
(Photo: http://www.newscom.com/cgi-bin/prnh/20020802/FLF001
http://www.newscom.com/cgi-bin/prnh/20020731/RYOULOGO )
Mr. Rico is a seasoned management professional with 15 years of healthcare
industry experience. Mr. Rico has held senior management positions in
operations, administration and technology support services and most recently
was vice president of operations for Ramsay Youth Services, Inc. Prior to
joining Ramsay, Mr. Rico was vice president of administration and information
technology for United HealthCare of Florida, Inc.
In announcing the executive appointment, Luis E. Lamela, President and CEO
of Ramsay Youth Services, Inc. said, "We would like to congratulate Jorge L.
Rico on his promotion. Mr. Rico has been an important contributor to the
success of the Company since he joined the firm in 1997. He has outstanding
leadership qualities and the ability to execute our business plan. I have
confidence that Mr. Rico will lead our operations team in continuing to
deliver quality behavioral healthcare programs and services to those we
serve."
Ramsay Youth Services, Inc. is a leading provider and manager of mental
health, substance abuse and behavioral healthcare programs and services in
residential and non-residential settings in ten states and the Commonwealth of
Puerto Rico.
Except for historical information contained herein, the matters set forth
in this news release are forward-looking statements as defined under the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995.
The forward-looking statements involve known and unknown risks and
uncertainties. Actual operations and results may differ materially from those
expected in the forward-looking statements made by the Company. Please refer
to Ramsay's filings with the Securities and Exchange Commission for additional
information, specifically the Risk Factors section in the Company's form 10K
for the year ended December 31, 2001.
SOURCE Ramsay Youth Services, Inc.
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Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20020802/FLF001
http://www.newscom.com/cgi-bin/prnh/20020731/RYOULOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 212-782-2840
Related links:
http://www.ramsay.com
Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/116733.html
CONTACT:
Isa Diaz, Executive Vice President Corporate
Relations, Ramsay Youth Services, Inc., +1-305-569-4626
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