MENOMONEE FALLS, WI--(Marketwire - June 12, 2012) - Assisted Living Concepts, Inc. (NYSE: ALC), a Wisconsin-based operator of licensed, assisted-living and senior residences in 20 states, today announced that a 30-year veteran nursing executive with experience as a clinician and educator has joined the company's senior leadership team to assume primary responsibility for the delivery of health care and regulatory compliance.
Sara Elizabeth Hamm, a registered nurse who previously worked at ALC from 2005-2011 as Corporate Vice President of Quality and Clinical Services, has joined the organization as Senior Vice President of Quality Services & Risk Management.
"Sara is a highly regarded, skilled and successful senior living executive with more than three decades of experience as a nursing professional, clinician and health care leader, and ALC is proud to have her in this important position," said ALC Interim President and CEO Lt. General USAF (Ret.) Charles H. "Chip" Roadman II, M.D. "Her commitment to help us focus on upgrading the level of care delivered at our facilities is an important step in working to enhance our daily commitment to those who call our facilities home. She takes seriously the fact that we are entrusted to provide care and comfort to those who live with us. I am confident that she can successfully lead our effort."
Roadman noted that Ms. Hamm, who earned her Bachelor of Science in Nursing from Marquette University and her Master of Science in Educational Psychology and Community Counseling from UW- Milwaukee, has expertise in the fields of independent living, assisted living, skilled nursing and sub-acute rehabilitation and hospital-based transitional care. Roadman also said that she has served as a nursing home administrator and has experience in adult day care, behavioral health and special care, Alzheimer's disease and dementia and hospital-based transitional care. He added that her employment history includes roles as a housekeeper, nursing assistant, licensed practical nurse and registered nurse.
"Senior living has been my lifeblood and passion for more than 35 years," said Ms. Hamm, who has lectured extensively and published several articles in various professional, health care journals related to senior living. "Building confidence by achieving high standards is my primary focus, and I will work diligently with the team of ALC associates to demonstrate to regulatory agencies, families and most importantly, the seniors for whom we are entrusted to care that our organization is fully committed to delivering a high level of care that is in full compliance with all regulatory standards."
Assisted Living Concepts, Inc. and its subsidiaries operate 211 senior living residences comprising 9,325 residents in 20 states. ALC's senior living residences typically consist of 40 to 60 units and offer a supportive, home-like setting. Residents may receive assistance with the activities of daily living either directly from ALC employees or through our wholly owned home health subsidiaries. ALC employs approximately 4,200 people.
Statements contained in this release other than statements of historical fact, including statements regarding anticipated financial performance, business strategy and management's plans and objectives for future operations, including management's expectations about improving occupancy and private pay mix, are forward-looking statements. Forward-looking statements generally include words such as "expect," "point toward," "intend," "will," "indicate," "anticipate," "believe," "estimate," "plan," "strategy" or "objective." Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. In addition to the risks and uncertainties referred to in the release, other risks and uncertainties are contained in ALC's filings with United States Securities and Exchange Commission and include, but are not limited to, the following: changes in the health care industry in general and the senior housing industry in particular because of governmental and economic influences; changes in general economic conditions, including changes in housing markets, unemployment rates and the availability of credit at reasonable rates; changes in regulations governing the industry and ALC's compliance with such regulations; changes in government funding levels for health care services; resident care litigation, including exposure for punitive damage claims and increased insurance costs, and other claims asserted against ALC; ALC's ability to maintain and increase census levels; ALC's ability to attract and retain qualified personnel; the availability and terms of capital to fund acquisitions and ALC's capital expenditures; changes in competition; and demographic changes. Given these risks and uncertainties, readers are cautioned not to place undue reliance on ALC's forward-looking statements. All forward-looking statements contained in this report are necessarily estimates reflecting the best judgment of the party making such statements based upon current information. ALC assumes no obligation to update any forward-looking statement.