News Releases

Renal Advantage Inc. Adds Five Executives to Management Team

BRENTWOOD, Tenn. - Nov. 14, 2005

Renal Advantage Inc. (RAI), based in Brentwood, Tenn., added five veteran health care executives to its management team. The executives join a group of industry leaders responsible for managing the fourth largest provider of dialysis outpatient service in the U.S.

They are: Clay Bittner, vice president for managed care; Monte Frankenfield, vice president of finance and controller; Eric Enderle, vice president of development; Gayle Franks, RN, vice president of risk management and compliance; and April Hackney, business office director.

Bittner has 15 years of managed health care experience. Bittner formerly served as vice president of network operations for Coventry Healthcare in Louisiana and held leadership positions in network operations with UnitedHealthcare and Foundation Health Plans of Florida.

Frankenfield has 20 years of experience in corporate financial management, banking, financial reporting and forecasting for both public and private companies. Most recently, she was chief financial officer of SeniorHealth Incorporated. Her prior experience includes senior finance positions with PhyCor, Inc., now Aveta Health, Inc.

Enderle has 12 years of business development experience in health care mergers and acquisitions and investment banking. He most recently served as vice president of development at Ardent Health Services where he provided advisory services on acquisition and divestiture initiatives.

Prior to Ardent, Enderle was vice president of the health care investment banking division at Credit Suisse First Boston.

Franks, a registered nurse, has 15 years of experience in risk management, claims management, patient and employee safety and OSHA compliance. Franks recently worked for Gambro Healthcare, Inc. where she created and developed an internal risk management department. Her leadership resulted in a decline in accidental losses and strengthening the financial position of the company.

Hackney has 13 years of experience in health care finance and billing. She most recently served as director of billing for Gambro Healthcare, Inc. where she managed the billing function for over 500 dialysis centers and developed communication and quality assurance protocols to improve accuracy in billing. Her prior experience includes serving as a senior consultant at Ernst & Young, LLP in health science advisory services.

About Renal Advantage (www.Renal Advantage.com):

Based in Brentwood, Tenn., Renal Advantage Inc. (RAI) was founded by veteran health care executives to build a leading national provider of high-quality dialysis services. Its growth plan began with the acquisition of 70 dialysis centers. RAI is the fourth largest provider of outpatient dialysis services in the U.S. RAI is not affiliated with any other dialysis provider.

RAI partnered with Welsh, Carson, Anderson & Stowe to finance the acquisition. Welsh Carson has over $13 billion of capital under management and is one of the most experienced and successful health care investors with interests in a number of alternate site health care providers, including Ardent Health Services, Concentra Inc., AmeriPath, MedCath, Select Medical, and US Oncology.