NASHVILLE, Tenn., March 9 /PRNewswire/ -- MedSolutions, Inc., a leading radiology management solutions company, today announced the appointment of Stephen Mengert to the position of Chief Financial Officer, effective March 17, 2006. Mr. Mengert will have responsibility for the Company's financial, accounting, treasury and related functions.
Mr. Mengert served as Vice President of Finance and Chief Financial Officer of Matria Healthcare, a Nasdaq listed company, since September 2002. Prior to this, he was a partner at Tatum CFO Partners, LLP and served as Chief Financial Officer of Tatum client companies in the technology and healthcare sectors. Mr. Mengert also served as Senior Vice President and Chief Financial Officer at both Pediatric Services of America and Rehability Corp.
Over the course of his career, Mr. Mengert has been responsible for concluding more than 30 mergers and acquisitions, leading an initial public offering and raising approximately $1 billion in capital for a number of organizations. He has more than 12 years experience as Chief Financial Officer of public companies and has established and strengthened accounting and finance functions and internal controls for several businesses.
MedSolutions President and Chief Executive Officer, Curt Thorne, commented, "We are thrilled to have Steve join our leadership team. We look forward to benefiting from his extensive financial management expertise and more than 20 years of experience in the healthcare services market. His guidance will be invaluable as we continue our rapid growth and build a scalable operation supported by strong management."
"I am excited for the opportunity to be a member of the MedSolutions team during this time of very rapid expansion and development," said Mr. Mengert. "The Company's established leadership position in the dynamic sector of radiology management positions it well for what I believe will be exceptional success. The right team is in place to capitalize on this huge market opportunity."
MedSolutions specializes in managing radiology services for nationally recognized managed care organizations and maintains management contracts for more than 12 million members nationwide. The company leverages extensive radiology care management experience to provide the most innovative, cost-effective radiology management solutions in the industry. More information about MedSolutions may be found at http://www.medsolutions.com.
MedSolutions, Inc.CONTACT: Jessica Riley, Director of Marketing of MedSolutions, Inc.,1-800-467-6424, jessica.riley@medsolutions.com
Web site: http://www.medsolutions.com/