Waud Capital Partners

Industry:	Healthcare Services – Long-term acute care
Headquarters:	Alpharetta, Georgia
Date of Investment:	April 2001
Fund:	WCP Fund I
Date of Exit:	September 2010
Website:	regencyhospital.com
Further Information:	Sample Case Summary
Hospital Openings and Acquisitions Regency Hospital of Columbus – October 2007 Regency Hospital of Cleveland East – July 2007 Regency Hospital of Toledo – May 2007 Regency Hospital of Cleveland West – April 2007 Regency Hospital of Fort Worth – September 2006 Regency Hospital of North Dallas – April 2006 Regency Hospital of Jackson – April 2006 Regency Hospital of Porter County – January 2006 Regency Hospital of Cincinnati – January 2005 Regency Hospital of Greenville – December 2004 Regency Hospital of Springdale – September 2004 Regency Hospital of Minneapolis – September 2004 Regency Hospital of Central Georgia – April 2004 Regency Hospital of Covington – April 2004 Regency Hospital of Ravenna – March 2004 Regency Hospital of NW Arkansas – November 2003 Regency Hospital of Hattiesburg – November 2003 Regency Hospital South Atlanta – August 2003 Regency Hospital of Northwest Indiana – July 2003 Regency Hospital of Odessa – January 2003 Regency Hospital of Meridian – January 2003 Regency Hospital of Akron – April 2002 Regency Hospital of Florence – July 2001
Related News 09/10 WCP Completes Sale of Regency Hospital Company to Select Medical Group 11/07 William L. Anderson Elected CEO of Regency Hospital Company 06/07 Rod Laughlin recognized in Atlanta Business Magazine 12/06 Regency Hospital Company Wins 2006 Catalyst of the Year 12/06 Regency Hospital Company of Hattiesburg Remains Clinical Center of Excellence 09/06 Regency Hospital Company of Fort Worth Opens Doors 06/06 Rod Laughlin Receives Entrepreneur of the Year 2006 Award 04/06 Regency Hospital Company of North Dallas Opens Doors 04/06 Regency Hospital Company of Jackson Opens Doors 01/06 Regency Hospital Company of Porter County Grand Opening 12/05 Regency Hospital of Central Georgia Named Quality Respiratory Care Provider 09/05 Regency Hospital Company Named one of Atlanta’s Best Places to Work 08/05 Rod Laughlin Named in Top 50 Entrepreneurs of Georgia 04/05 Regency Hospital of Florence Awarded Full Joint Commission Accreditation 04/05 Ron Spaeth Joins Regency Hospital Company’s Board of Directors 04/05 Regency Hospital Company One of Atlanta’s Fastest Growing Private Companies 12/04 Regency Hospital Company of Greenville Opens Doors 12/04 Regency Hospital Company of Central Georgia Receives JCAHO Accreditation 09/04 Regency Hospital Company Opens Hospital in Arkansas 09/04 Regency Hospital Company Acquires 92-Bed Hospital in Minnesota 04/04 Regency Hospital Company Opens Hospital in Macon 02/04 Regency Hospital Company Opens Hospital in Louisiana 11/03 Regency Hospital Company Opens Hospital in Hattiesburg, Mississippi 11/02 Regency Hospital Company Announces Two New Projects 11/02 Regency Hospital Company Announces South Atlanta Hospital Approved 07/03 Regency Hospital Opens in Northwest Indiana 05/02 Gary A. Mecklenburg Elected to Regency Board of Directors 04/02 Ann Molitor Appointed VP Operations for Regency Hospital Company 03/02 Regency Hospital Company Opens in Akron 04/02 Anne Molitor Appointed VP Operations for Regency Hospital Company 10/01 Regency Hospital Company of Florence Celebrates Grand Opening 04/01 WCP Announces Acquisition of Long–Term Acute Care (LTAC) Hospital Company

“We at Regency are very fortunate to have partnered with Waud Capital. Their support in strengthening our Board with some of the best talent in healthcare, combined with their efforts in working with us as a team on the business and finance side of our company, allowed Regency to prosper and set a standard in the LTAC industry.”

Bill Anderson
Former President and Chief Executive Officer