Doctors Hospital Announces Departure of Chief Financial Officer
Joanne Lowe Appointed to Serve as Interim CFO for Doctors Hospital

Doctors Hospital has announced that its Chief Financial Officer, Darron Cash has resigned his position with the Company effective December 31, 2007.  Mr. Cash served as CFO since May 2001.  The Hospital concurrently announces that existing Vice President for Corporate Finance Joanne Lowe, has been appointed as interim Chief Financial Officer. 

“Mr. Cash’s strong leadership has been a vital component in the demonstrated growth and success of Doctors Hospital.  Darron has helped prepare Doctors Hospital to meet future challenges with his insight, experience, integrity, and personality.  I know I speak for all of the Board when I say it has truly been an honor to know and work with Darron, and we wish him the best of success for his future endeavors.” said Charles Sealy II, Chief Executive Officer for Doctors Hospital.

Joanne Lowe has played a vital role in implementing strategic initiatives for the company.  Her strong financial background and experience distinctly qualifies her for the responsibilities and challenges at Doctors Hospital in the interim.

As a Doctors Hospital Vice President, Joanne Lowe has a long history of leadership and experience bringing over 17 years of extensive knowledge in financial healthcare management and a high level of financial acumen.  Mrs. Lowe is a Certified General Accountant and has served as Vice President for Corporate Finance for over a decade.  She is also a member of the Bahamas Institute of Chartered Accountants.

Doctors Hospital has begun a search for a permanent CFO for Doctors Hospital.  Until the permanent position is transitioned in, Joanne Lowe is expected to fill the CFO role for the next three months beginning January 1, 2008.  “We are fortunate to have knowledgeable experts such as Joanne Lowe in the leadership at Doctors Hospital, and I am confident that the permanent CFO will be duly qualified.” said Mr. Sealy.  Mrs. Lowe will work with Doctors Hospital’s physicians and management team to manage existing services cost effectively while maintaining continued commitment to quality healthcare services provided to the community.

“The work that we have done at Doctors Hospital is only the beginning of the transformation of this organization,” Lowe said. “With our return to fiscal stability, we have the foundation in place to ensure that Doctors Hospital will remain at the cutting edge, and continue to provide the latest technologies and clinical innovations along with our competent medical staff.  Together, with the Associates, leadership team, our Board of Directors and the community that we serve—we can work to ensure that the patients of Doctors Hospital have the quality care they need, right here at home.”

 About Doctors Hospital:
Doctors Hospital is a full service, 72-bed, acute care private healthcare facility providing quality health services to the Bahamas for over 50 years.  Doctors Hospital offers a full range of services including: 24-hour emergency care, ambulance services; inpatient and outpatient surgery; labor, delivery and maternity; cardiac catheterization; rehabilitation; pharmacy; a full range of laboratory services; a full-service imaging department (MRI, Mammography, CT scan, bone densitometry).  Doctors Hospital’s capable and caring staff is uniquely qualified to provide high quality health care in the Bahamas. 

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