CORAL GABLES, Fla., Feb. 19 /PRNewswire/ -- Ramsay Health Care, Inc.
(Nasdaq: RHCI) today announced that its new strategic direction will focus the
Company on becoming a leader in the youth services industry.  Ramsay has
engaged SunTrust Equitable Securities to assist in the execution of this
growth strategy.  The firm will advise the Company in connection with
acquisitions and other strategic initiatives necessary to expand the Company's
existing youth services business.  In addition, the firm will render advisory
services in association with the divestiture of some of the Company's non-
youth services businesses, with proceeds to be used to repay outstanding
indebtedness and for general corporate purposes.
    "We are very excited about the new direction we are embarking on,"
commented Luis E. Lamela, Chief Executive Officer of Ramsay Health Care, Inc.
"Our recent success in the youth services arena coupled with the enormous
market opportunities, has propelled us to move forward immediately with this
new strategic direction."
    Ramsay Health Care, Inc. is a provider and manager of specialized programs
and services for at-risk and troubled youth.  The Company through its
subsidiary, Ramsay Youth Services, Inc., operates residential youth
facilities, group homes and a juvenile assignment center.  In addition, the
Company's managed behavioral care division provides and manages the delivery
of behavioral healthcare services.  Ramsay Health Care, Inc. also operates
psychiatric facilities and manages the delivery of behavioral healthcare
programs on behalf of acute care hospitals and community mental health
centers.

Link to this page: