2014

Remedi SeniorCare Names Jeff Stamps CEO

BALTIMORE, May 21, 2014 /PRNewswire/ -- Remedi SeniorCare today announced that its Board of Directors has appointed Jeffrey Stamps, R.Ph. as Chief Executive Officer.  Mr. Stamps has over 30 years of experience in the institutional pharmacy industry.  Prior to joining Remedi, he held multiple roles of increasing responsibility with Omnicare, Inc. from 1990 to 2012, including most recently serving as Executive Vice President and President of Long-Term Care Operations, where he led operations of the long-term care pharmacy division with pharmacies servicing facilities in 47 states and annual revenues in excess of $5 billion across North America.  Mr. Stamps succeeds Michael Bronfein who remains Chairman of Remedi SeniorCare.

"Jeff is a proven leader who has spent his entire career in long-term care pharmacy and fully understands our customers' evolving needs.  A pharmacist by training, Jeff's extensive operational knowledge combined with a strong customer focus provides Remedi the leadership required as we further expand the company's position as one of the largest institutional pharmacy providers and the exclusive provider of Paxit, Remedi's market leading medication distribution system.  We are delighted to have Jeff to lead our team of dedicated health care professionals," said Remedi Chairman and founder, Michael Bronfein.

"As an industry veteran, I have worked with a variety of medication distribution systems, and I am excited to join the Remedi team as we further expand Paxit's innovative technology.  I look forward  to further expanding Remedi's  differentiated and unique value proposition both in existing and new markets," said Mr. Stamps.

"We are extremely excited to partner with such a high-caliber leader with years of experience to lead Remedi's next stage of growth and expansion.  The Board would like to thank Michael for his vision, dedication and commitment to growing Remedi and positioning the company to succeed under Jeff's tenure," continued Steven Silver, Senior Managing Director of Centerbridge Partners and Remedi Director.

Mr. Stamps received a Bachelor of Science in Pharmacy from the University of Cincinnati, and is a licensed pharmacist.  He and his family have recently relocated to Baltimore, MD.

Remedi SeniorCare®, a leading-edge pharmacy provider, enables long-term care facilities to deliver better business results and provide exceptional resident-centered care. At the forefront of implementing high-tech advancements for the industry, Remedi redefined medication administration and management with the launch of the Paxit® automated medication dispensing system, delivering superior accuracy, efficiency and medication cost reduction.  Remedi's online and electronic tools via My Remedi®web portal and Connexit electronic data interchange further drive business management efficiency and overall cost reduction.  Remedi supports more than 33,500 residents across nine states and Washington, D.C. with RapidResponse℠ customer service, ensuring prompt access to medication delivery, expertise and comprehensive support. For more information, visit www.RemediRx.com.

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SOURCE Remedi SeniorCare



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