PLANO, Texas, July 27, 2015 /PRNewswire/ -- LHP Hospital Group, Inc. ("LHP"), a privately held healthcare leader established to provide essential capital and expertise to not-for-profit hospitals and health systems, today announced that Timothy (Tim) Wons will be joining its executive team as Senior Vice President of Acquisition & Development, effective August 3rd.
As SVP of Acquisition & Development reporting to Chief Executive Officer John Holland, Wons will be responsible for coordinating the company's corporate development activities, overseeing its strategic transactions, and managing its growth initiatives.
Wons joins LHP from J.P. Morgan Securities LLC, where he served most recently as Executive Director. In his 17 years with J.P. Morgan, he specialized in developing strategic and financial solutions for healthcare and not-for-profit clients while also demonstrating an aptitude for merger related transactions and new business development. Prior to that, he worked as an Associate in the Public Finance Group at Katten Muchin & Zavis and as a Senior Accountant and Senior Fixed Income Analyst at Van Kampen Funds.
"We are thrilled to welcome Tim to LHP," said Holland. "His knowledge of the not-for-profit healthcare sector and his extensive background in investment banking and sophisticated corporate transactions make him a truly compelling addition to our team. We look forward to the many contributions we know he will make to the company."
"LHP's reputation for innovation and collaboration in partnering with not-for-profit hospitals puts the company in a unique position during such an important and transformational time in the U.S. healthcare market," added Wons. "I am honored to join LHP and I look forward to working with John and his team to ensure we continue providing the highest standard of care in the communities we serve."
Having received a Juris Doctor degree from DePaul University College of Law and a Bachelor of Science degree in accounting from Eastern Illinois University, Wons brings a unique perspective to his corporate development work as both a CPA and an attorney. He also holds his Series 24, Series 53 and Series 7 certifications.
About LHP Hospital Group, Inc.
LHP Hospital Group, Inc. (LHP) is a privately held company established to provide essential capital and expertise to not-for-profit hospitals and hospital systems. In cooperation with local hospitals, LHP forms joint ventures to acquire, own, operate and manage acute care facilities in small cities and select urban markets throughout the United States. Headquartered in Plano, Texas, LHP is owned by affiliates of the private equity firm CCMP Capital Advisors, LLC and the CPP Investment Board as well as certain members of management and the board of directors. For more information, please visit www.lhphospitalgroup.com.
Wendy Tischler, Perry Street Communications
SOURCE LHP Hospital Group, Inc.