Medical Debt Purchaser Announces Executive Earns Top Healthcare Management Credential

DEERFIELD BEACH, FL ? Premium Assets Recovery Corporation (PARC) announced today that Adam O. Holzhauer, Sr. Vice President of Business Development and Board Director recently advanced to Fellow status in the American College of Healthcare Executives, an international professional society of 30,000 healthcare executives.

ACHE will recognize Holzhauer at the Convocation Ceremony on March 13, 2005, to be held during the organization?s annual Congress on Healthcare Management. Fellow status is the highest level of professional achievement in ACHE. In fact, only 3,200 healthcare executives hold such distinction.

?ACHE Fellowship is more meaningful than ever before,? says Gary S. Horan, FACHE, president/chief executive officer of Trinitas Health in New Jersey. ? At a time when corporate responsibility is challenged daily, our communities can believe in healthcare leaders who have earned the prestigious FACHE credential.?

To obtain Fellow status, candidates must demonstrate their education, experience, and leadership in the healthcare field for several years. They must also complete case studies or a thesis on a healthcare management topic or participate in a year-long mentorship project. Holzhauer completed this requirement by writing a thesis on ?Selling of Hospital Accounts Receivables?.

Holzhauer of PARC is privileged to use the ?FACHE? designation, which indicates board certification in healthcare management and ACHE Fellow status.

PARC is the leading private company focused on the purchase and collection of medical accounts receivables from healthcare providers. Since 1998 the company has purchased in excess of $600 million in distressed hospital A/R. The company headquarters are in Deerfield Beach, Florida located at 350 NW 12th Ave., Suite 210. You may contact Mr. Chris Conway, President, or Mr. Adam Holzhauer, Sr. VP ? Business Development, at 888-533-7272 XT 1015 for more information.