Departing CFO of LifePoint Hospitals Joins Home Healthcare Leader
DALLAS, Aug. 22, 2013 /PRNewswire/ -- AccentCare, one of the nation's largest post-acute healthcare companies, today announced the appointment of Jeffrey S. Sherman as chief financial officer, effective September 16, 2013. Mr. Sherman has more than 25 years of experience in hospital-based and corporate healthcare finance, most recently as executive vice president and chief financial officer of LifePoint Hospitals (NASDAQ: LPNT).
Stephan S. Rodgers, CEO of AccentCare, said, "I am extremely pleased to have Jeff join the AccentCare team. His breadth of experience, keen understanding of acute and post-acute healthcare, and deep financial experience at market leading healthcare companies will significantly help to advance our vision of partnering with payers and providers to deliver comprehensive care solutions across the post-acute continuum for our nation's most vulnerable patients."
Mr. Sherman said, "This is an exciting opportunity to participate in the growth of a highly innovative company. AccentCare's collection of capabilities in home healthcare, personal attendant services, and hospice combined with its deep experience managing post-acute populations provides an excellent foundation for building an industry leader. With its commitment to quality and expanding geographic footprint, AccentCare is well positioned to continue to improve clinical outcomes in a cost-effective way. I look forward to working with Steve and the entire team to ensure that AccentCare reaches its full potential."
Prior to joining LifePoint in April 2009, Mr. Sherman served as vice president and treasurer of Tenet Healthcare, where he managed all aspects of corporate finance, including cash flow management and capital structure, and was responsible for risk management. From 1990 to 2009, he worked in a variety of capacities at Tenet and its predecessor company. Mr. Sherman earned his M.B.A. at the University of Southern California and his B.S. from the University of Colorado, Boulder.
AccentCare, Inc., headquartered in Dallas, Texas, is one of the nation's leaders in post-acute health care services. Nearly 20,000 highly trained, dedicated professional caregivers provide comprehensive services that range from personal, non-medical care to skilled nursing, rehabilitation and hospice. AccentCare has over 125 locations in Arizona, California, Colorado, Georgia, New York, Ohio, Oregon, Tennessee, Texas and Washington. AccentCare is a portfolio company of Oak Hill Capital Partners.
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