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Kerry R. Hicks Joins Physicians' Capital Investments as Vice-Chairman of Board
Date:12/11/2012

DALLAS, Dec. 11, 2012 /PRNewswire-iReach/ -- Physicians' Capital Investments®, LLC (PCI/the Company) is pleased to announce the addition of Kerry R. Hicks as Vice-Chairman of PCI's Board. Kerry brings a wealth of experience growing healthcare companies in the U.S. Most recently, Kerry served as CEO of Healthgrades®. Kerry will work closely with the board and management team of PCI to further refine PCI's medical real estate development business model and to further accelerate the growth of the company.

With the addition of Kerry, the Company's Board will include Mats Wahlström (Chairman), Pedro Vergne-Marini, MD (Founder and Vice-Chairman), Pedro Juan Vergne-Morell (CEO and Board Member), Gregg Sonnen (Board Member), Francisco Javier Vergne-Morell (Sr. VP of Business Development, General Counsel and Board Member), Michael Lazarus, MD (Board Member) and James Cotton, MD (Board Member).

"Our rigorous standards for transparency, compliance and scalability already set us apart from our competitors," said Pedro Juan Vergne-Morell, CEO of PCI. "With the addition of Kerry's expertise and talent, PCI is positioned for unprecedented growth in the development of new medical facilities and we couldn't be happier."                                                                                             

The feeling is mutual – "PCI has a great team in place and I am excited to add yet another dimension," said Kerry. "They have an appealing model that's timed perfectly for today's growing healthcare industry."                                                               

About Physicians' Capital Investments, LLC (PCI)

Founded in 2007, PCI has over 100 years of combined medical construction/development, clinical care and healthcare management expertise. Over the last five years, PCI has successfully developed customized, high quality, modern and efficient medical office and clinical facilities across the United States. PCI guides each project by providing ongoing expertise in project management, development, financing, lease negotiations, and facility and investment management services. Typically, PCI provides a unique opportunity for individual physicians and their employees to purchase medical and clinical facilities while limiting liability. In addition to its Dallas headquarters office located at 8117 Preston Rd., Suite 400, Dallas, TX 75225, PCI also maintains a regional office at 1225 Seventeenth St., Suite 1750, Denver CO 80202. For more information on PCI, please visit www.physcap.com.

About Kerry R. Hicks

Mr. Hicks brings over 27 years of experience leading healthcare companies. Most recently Kerry served as CEO of Healthgrades. Since launching Healthgrades in 1998, Kerry led the publicly traded company through eleven years of growth, and then facilitated the sale of the business to Vestar Capital Partners for $295 million in 2010. Under Kerry's leadership, Healthgrades transformed into the premier destination for consumers seeking information on doctors and hospitals, growing to nearly one million daily visitors across its online properties. Kerry built Healthgrades from a predecessor company, Specialty Care Network, where he served as President and Chief Executive Officer from 1995 to 1998. In 2000, he was named an Ernst & Young Entrepreneur of the Year, and today he continues to serve as Chairman of HealthGrades while routinely serving as a contributing columnist to numerous business publications including The Wall Street Journal, The New York Times, CNBC, Forbes, and Business Week. In the news media and at conferences, Kerry is one of the industry's leading – and most fearless – spokespeople on physician quality, hospital quality, and the tidal wave of consumerism that is now changing the way America delivers healthcare. Kerry also serves as Director and Executive Advisor of WorldOne. Kerry has a Bachelor's degree in Business and a Master's degree in Information Systems from Colorado State University. Visit www.physcap.com for more information.

Media Contact: Sara Shanley Physicians' Capital Investments, 866-936-3089, sshanley@physcap.com

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SOURCE Physicians' Capital Investments, LLC
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