Alter+Care Creates the Advisory Board( Healthcare Real Estate Services ...),Health

Healthcare Real Estate Services Firm Assembles Veteran Healthcare

Executives to Provide Leadership

CHICAGO, Sept. 27 /PRNewswire/ -- Alter+Care, one of the nation's leading healthcare real estate investment firms, has established an Advisory Board to provide unbiased counsel on forthcoming challenges to the healthcare industry and facilitate business partnerships. John H. Driscoll, Alter+Care President, announced the Alter+Care Advisory Board's formation this morning.

"The Advisory Board will provide strategic direction and project-specific advice, discuss developing trends, create and publicize opinions on current healthcare issues, and plan responses to the healthcare market on Alter+Care's behalf," according to Driscoll.

Charles S. Lauer, former Editorial and Publishing Director of Modern Healthcare magazine -- the nation's leading healthcare news weekly -- has agreed to serve as Chairman of the Alter+Care Advisory Board.

Recently retired from Modern Healthcare, Lauer served in this position for more than 20 years. Lauer remains very active in the profession. In addition to frequent speaking engagements to groups such as the American College of Healthcare Executives and Blue Cross - Blue Shield, he authored "Soar With the Eagles" and "Reach for the Stars."

"Chuck's continued commitment to the profession will be instrumental to attracting and retaining highly regarded individuals on the Board," Driscoll said.

Additional Advisory Board appointments include:

-- DENNIS BARRY, former Chief Executive Officer of Greensboro, NC-based

Moses Cone Health System. Mr. Barry has more than four decades of

healthcare administration experience and leadership, and served as

Chairman of the American Hospital Association's Board of Trustees for

2003-2004.

-- DIANE APPLEYARD, President of Core Consulting, Inc., and President of

the Healthcare Institute, a no
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