Hospital chain Iasis Healthcare said this week that director Greg Kranias last Friday resigned his seat after almost five years on the board. The move came because Kranias, 37, also left TPG Capital, the company's controlling shareholder since 2004. There's no word yet on who TPG will name to fill his spot on Iasis' 11-member board. The firm designates nine of those directors.
Kent Wallace, the former CEO of RegionalCare Hospital Partners, has been named executive vice president and COO of Kindred Healthcare. Based in Louisville, Wallace will take up his new role at Kindred — which last month completed its purchase of local rehab hospital venture Centerre Healthcare — on Feb. 2. He resigned from his position at Brentwood-based RegionalCare last year.
Kindred runs numerous hospitals, inpatient rehabs units, nursing centers and more. Current President and COO Benjamin Breier will take over as CEO of the company at the end of March.
Franklin-based medical transcription company M*Modal has won a contract to take over the work of an unspecified number of workers at the Appalachian Regional Healthcare system, which covers Kentucky and West Virginia. The deal starts next month and a number of ARH workers will become employees of M*Modal.
SEE ALSO: A wrap of M*Modal's busy 2014, which featured a Chapter 11 restructuring and the naming of a new CEO
POSTDATA: WARRANTY DEEDS