Foundation Healthcare Announces Hiring of New Chief Information Officer

OKLAHOMA CITY, Aug. 11, 2014 (GLOBE NEWSWIRE) -- Foundation Healthcare, Inc. (OTC Markets:FDNH), which focuses on the development and management of surgical hospitals and related ancillary services, announced today the appointment of Travis Crenshaw to the position Chief Information Officer.

Crenshaw was previously with United Surgical Partners International (USPI), a health care management service company that manages and has equity interest in 220 ambulatory surgical centers and 14 hospitals in 26 states.

"The appointment of Mr. Crenshaw as CIO represents another important step in the growth of our Company as we continue to advance Foundation Healthcare towards leadership in our industry. Travis brings a wealth of experience and adds a distinctive perspective to the Foundation business model. We are fortunate to have him join the Foundation HealthCare team," said Stanton Nelson, Chief Executive Officer of Foundation HealthCare.

"The focus on patient care from the corporate leadership really shows from the top down at Foundation," said Crenshaw. "In the ever changing world of health care the ability to use technology to improve patient care and efficiencies for physicians and administrators is very important. Foundation's focus on using new technology applications as a strategic business tool rather than an operations tool is very appealing to me, and I couldn't be more excited about joining this first class organization," added Mr. Crenshaw.

About Foundation Healthcare

Foundation HealthCare is a leader in owning, operating, developing and partnering with physicians in surgical hospitals, ambulatory surgery centers and sleep centers. Founded in 1996 by its current Chairman, Tom Michaud, Foundation HealthCare has grown to a portfolio of four surgical hospitals, 11 surgery centers and 57 sleep centers.

For more information about Foundation HealthCare, visit

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