Wyatt Matas & Associates Adds New Home Healthcare Partner

Wyatt Matas & Associates Adds New Home Healthcare Partner



Wyatt Matas & Associates' new partner will focus on the newly launched "Value Enhancing Strategies" for home healthcare and hospice companies.



WASHINGTON, DC. (PRWEB) December 20, 2006



Wyatt Matas & Associates (WMA), an investment banking firm specializing in mergers and acquisitions, announced today that Roland Cleneay, an authority in home health care with over 20 years of experience, is joining WMA as a partner and will lead the Advisory Services division.



Wyatt Matas & Associates' Advisory Services are designed for companies exploring a potential sale of their business, but have not yet decided when or how. Under the Advisory Services umbrella, Wyatt Matas & Associates' newly launched Value Enhancing Strategies will provide home health agencies a guide to determining their current value, a review of their marketing and operational strategies, as well as the development of strategic value initiatives that will maximize the ultimate market value of the agency when they do decide to sell the company.



"To have someone with credentials like Roland Cleneay leading our Advisory Services is a demonstration of our commitment to the home health care industry," Wyatt Matas & Associates Partner Chip Measells said, "His experience paired with our new Value Enhancing Strategies will allow our clients to plan for a successful exit whether they are considering selling now or in two to three years."



Cleneay provides expertise in finance, operations, mergers and acquisitions as well as information technology. Previously, Mr. Cleneay served as President of Total Senior Health Care, an integrated mobile physician/home healthcare company in Naples, FL. His executive experience also includes roles as Regional Vice President for AllianceCare, Vice President of Operations for Best Choice Home Care and Director of Reimbursement for Girling Healthcare. In addition, he has held positions with the Florida Department of Health as well as the Medicare Fiscal Intermediary (Aetna).



"For home health agencies now, more than ever before, it is especially crucial to develop marketing and operational strategies that will maximize value when they do decide to exit their business," Cleneay said, "Although some agencies may not be considering exiting for several years, knowing the worth of their company now and determining a step by step strategy to enhance the future value will provide a clear path to success. Wyatt Matas & Associates' focus on building long term relationships within the industries they serve provides me a platform to fully serve our clients with the dignity, professionalism and confidentiality they have come to expect."



For more information about Wyatt Matas & Associates, or their new Value Enhancing Strategies please contact Roland Cleneay at (202) 661-4691.



About WYATT MATAS & ASSOCIATES



Wyatt Matas & Associates is an investment-banking firm specializing in representing small and mid-sized companies in niche sectors in home health care and staffing industries. Wyatt Matas & Associates understands that the key to successful merger and acquisition management lies in the relationships created. By fostering relationships built with foundations of integrity and credibility, Wyatt Matas & Associates' team of experts has developed a distinctive reputation for relationship-oriented deal making. For more information, visit www. wyattmatas. com.



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