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Manor Care Files Motion with West Virginia Health Care Authority to Dissolve Stay and Issue an Immediate Ruling
Date:12/17/2007

Delay Costing West Virginia State Pension Fund, Other Shareholders $1

Million a Day

CHARLESTON, W.Va., Dec. 17 /PRNewswire-FirstCall/ -- Manor Care, Inc. (NYSE: HCR) today filed a motion with the West Virginia Heath Care Authority (Authority) to dissolve the stay issued to the Authority's previous decision to approve a certificate of need (CON) application regarding the sale of Manor Care to The Carlyle Group. The motion also requests that the Authority issue an immediate decision in the matter.

On December 14, 2007, the Authority held a reconsideration hearing of its previous decision to approve the CON after District 1199 of the Health Care and Social Services Union and the Service Employees International Union (SEIU) requested reconsideration. As was clear from the day's proceedings, there was no evidence to support SEIU's request for reconsideration.

"We have been and continue to be committed to providing the highest quality of care to our patients in West Virginia -- and across the country -- and we are confident this transaction will only strengthen our efforts in that area. Quick approval from West Virginia is essential," said Stephen L. Guillard, executive vice president and chief operating officer of Manor Care. "Based on the failure of SEIU to raise any legitimate legal issues during the six-hour hearing on Friday, we believe there are no grounds to maintain the stay. We are filing a motion for an immediate lift of the stay and respectfully requesting that the Health Care Authority issue an immediate decision on the transaction."

The Authority approved Manor Care's CON application on October 19, 2007, and found that Manor Care had satisfied all of the requirements set fo
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SOURCE Manor Care, Inc.
Copyright©2007 PR Newswire.
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