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Foundation Healthcare Announces Initiation of Equity Research Coverage by Dougherty & Company

OKLAHOMA CITY, June 26, 2014 (GLOBE NEWSWIRE) -- Foundation Healthcare, Inc. (OTCQB:FDNH), which focuses on the development and management of surgical hospitals and related ancillary services, today announced the release of an in-depth initiation report by Brooks O'Neil – Senior Research Analyst at Dougherty & Company, a full-service investment bank and brokerage firm based in Minneapolis, MN.

The report was released on June 24, 2014, and as a part of his analysis, Mr. O'Neil placed a price target of $.75 on the stock.

"We are pleased to be associated with a quality firm such as Daugherty, and we believe this report is further indication of the increased exposure that our company is receiving," commented Stanton Nelson, Chief Executive Officer of Foundation Healthcare. This comprehensive report quantifies our company's progress to date, as well as potential future growth initiatives," added Mr. Nelson.

Information on this report can be obtained by contacting Daugherty & Company directly.

About Foundation Healthcare

Headquartered in Oklahoma City, Okla., Foundation Healthcare, Inc. (OTCQB:FDNH) focuses on the development and management of surgical hospitals and the inclusion of ancillary service lines. These additional service lines, such as hyperbarics, sleep labs, intraoperative monitoring, imaging and robotic surgery, truly make the Foundation specialty hospital environment unique.

The Company is also an industry leading ASC management and development company focused on partnering with physicians and employees to create an outstanding patient experience, while maximizing partner and shareholder value. The Company is a leader in offering turnkey management and development solutions for physician partners, as well as creating an optimal experience for the patients we serve. For more information, visit www.fdnh.com.

CONTACT: Company Contact: Foundation Healthcare, Inc. Stanton Nelson Chief Executive Officer Tel 405-608-1703Source:Foundation Healthcare, Inc.