Cornerstone Healthcare Announces Interim Chief Executive Officer

Mar 24, 2011, 09:31 ET from Cornerstone Healthcare Group

DALLAS, March 24, 2011 /PRNewswire/ -- Cornerstone Healthcare Group announced today that its Board of Directors has appointed Harrison L. Price the interim President and CEO of the Company effective immediately.

Harrison Price replaces Michael Brohm who resigned his position as President and CEO to pursue other opportunities.

Harrison Price, a Managing Director at Barrier Advisors, Inc., has spent his 26-year professional career in both executive and project management positions involving health care and other businesses. He has completed dozens of interim and advisory engagements, assisting companies with corporate governance, operational, and financial matters. Mr. Price earned his B.S. in Economics and his J.D., each from the University of North Carolina.

Barrier Advisors, based in Dallas, Texas, provides advisory services and performance improvement solutions for middle-market companies and their stakeholders. With its successful ten year track record of managing interim and advisory engagements for demanding clients, Barrier Advisors is uniquely equipped to drive solutions for stakeholders of middle market companies.

About Cornerstone Healthcare Group

Cornerstone Healthcare Group based in Dallas, Texas, is a private company owned by Highland Capital Management, L.P., a $22 billion alternative asset management firm. Cornerstone operates fifteen freestanding and "hospital-in-hospital" Long Term Acute Care facilities in Texas, Oklahoma, Louisiana, Arizona and West Virginia and manages three hospitals in Cleveland, Ohio. For more information on Cornerstone, please visit

SOURCE Cornerstone Healthcare Group