Bertram Capital Portfolio Company, Sanare, LLC, Announces New Chairman

RENO, Nevada, June 7, 2011 /PRNewswire/ -- The Board of Directors of Sanare, LLC announced today the election of Tim Hargarten as the company's Chairman of the Board. Hargarten has over twenty years of leadership experience in healthcare services and information technology. Most recently, Hargarten served as President and CEO of Access MediQuip, the nation's largest medical device benefit management company, working with more than 2,000 hospitals and surgery centers and delivering cost savings to leading healthcare insurers. Prior to Access MediQuip, Hargarten was Chairman and CEO of NaviNet (formerly NaviMedix), the nation's largest real-time healthcare communications network with more than 800,000 participating providers.

"Tim is a respected leader and executive in the healthcare community," said Sanare CEO Dr. Ron Geraty. "His experience bringing healthcare information technology tools and cost containment solutions to health insurers will be valuable for Sanare. I look forward to working with Tim and the rest of the Board to realize Sanare's goal of empowering people living with diabetes to achieve better health outcomes while simultaneously reducing the cost of diabetes management."

Hargarten said, "I'm excited to be a part of Sanare and its bold mission to provide integrated diabetes solutions to patients, providers and health insurers. I look forward to working with this talented team as it operationalizes Sanare's innovative and expansive technology and service-oriented platform. Sanare will change the lives of millions of people living with this chronic condition, and I'm honored to serve as its Chairman."

About Sanare

Launched in 2010, Sanare is an innovative healthcare products and services company that provides care management solutions designed to improve the health of people with diabetes and reduce the cost of their medical care. Sanare achieves these goals through more frequent diagnostic testing, education, and advocacy of care with key stakeholders including patients, physicians, caregivers and payors. Proprietary tools, technology and resources put Sanare at the forefront of total diabetes health. Sanare is led by industry veteran Ron Geraty, who co-founded Sanare after spending nine years as the Chief Executive Officer of Alere Medical. The company is based in Reno, NV, with offices in Warren, MI, Miami, FL, and Conway, AR. View http://www.sanare.com for more information.

About Bertram Capital

Bertram Capital is a private equity investment firm with more than $850 million in capital under management. Founded in 2006, Bertram Capital's mission is to build value for equity holders, employees, customers, and partners by helping already profitable companies realize their full potential. View http://www.bertramcapital.com for more information.

SOURCE Bertram Capital



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