MEI Development Acquires Oncology Group; Names Founder as Head of Oncology Division

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Oct 26, 2010, 02:35 ET

CORAL SPRINGS, Fla., Oct. 26 /PRNewswire/ -- Florida-based MEI Development Corporation, a subsidiary of The MEI Healthcare Group (MEI), has acquired Georgia-based Oncology Business Advisory Group (OBAG) and named one of OBAG's founding partners, Cathy Putnick, as head of MEI Oncology Services. MEI is a leader in the oncology and diagnostic imaging industries, providing complete management of all aspects of adding and updating imaging technology, including financing. MEI's Oncology Services business will continue to be based in Coral Springs, Fla.

"Cathy, a respected leader in the oncology field, provides physician groups and hospital executives with the input and guidance needed to build and operate successful oncology centers," said Gordon Baltzer, chief executive officer of MEI. "Adding Cathy's talents and the respected OBAG name to our team brings great benefits to our growing oncology services division."

Putnick has more than 24 years of experience in the oncology field. Prior to starting OBAG, she served as the chief operating officer for Oncare Inc., a physician group management company with 36 radiation and medical oncology facilities across the United States.

"MEI is well respected in the marketplace," said Putnick. "I welcome the opportunity to lead its oncology services division and provide imaging and oncology solutions for their physician and hospital clients. Combining our expertise with MEI's unique ability to develop, finance and market projects will create an even greater portfolio of services to offer our clients."

MEI works with physicians, outpatient facilities and hospitals that are interested in adding and updating radiotherapy and imaging technology. MEI manages all aspects of a project, including determining project viability, creation and implementation of business planning, procurement of capital equipment, complete project financing and marketing and branding services.

About MEI:

The MEI Healthcare Group, LLC, headquartered in Coral Springs, Florida, is a healthcare strategy firm that works with physician groups and medical centers to provide turnkey healthcare solutions for imaging and radiation therapy services.