Frost & Company


Contact: Michael J. Mueller, CEO
WoundPartners, LLC
Professional Towers, Suite 448
4010 Dupont Circle
Louisville, KY 40207
Tel: (502) 551-6567

Frost & Co. Client WoundPartners, LLC Announces Ron Geary, Chairman and Recently Retired CEO of ResCare, Inc. Joins WoundPartners Board

February 6, 2009

Louisville, KY   2/6/09 — Louisville based wound care services firm, WoundPartners, LLC , announced today that Ronald G. Geary, currently Chairman and retired CEO of Louisville based ResCare, Inc. (RSCR - NASDAQ), has been appointed to the WoundPartners Board of Directors.

Geary is an attorney and CPA, and he has served as a Director of ResCare, Inc . since 1990. He was President of ResCare from 1990 to 2006 and CEO from 1993 to 2006. He was elected Chairman of the Board in June 1998. Before he was named CEO, Mr. Geary was Chief Operating Officer of ResCare from 1990 to 1993. Mr. Geary retired as President and CEO of ResCare effective June 22, 2006. He will remain as Chairman of the Board until the 2009 annual shareholders meeting. Mr. Geary is President and General Manager of Ellis Park Race Course, Inc., a thoroughbred racetrack in Henderson, KY. Mr. Geary is also a director of Ventas, Inc., a real estate investment trust based in Chicago, IL.

According to Mike Mueller, WoundPartner’s CEO, Co-Founder and fellow WoundPartner’s Board member, “Ron Geary is recognized as one of the most entrepreneurial, successful and experienced executives in the healthcare services industry today. The WoundPartners team is honored and pleased that Ron has agreed to join our Board and contribute his considerable knowledge and expertise to our rapidly growing wound care services company. Ron’s experience and track record of success in growing ResCare, not only through internal growth but also through strategic acquisitions, will provide great benefit and value add for WoundPartners and our growth plans going forward.” Jim Rives, WoundPartner’s Chairman and Acting CFO stated: “We have known Ron for a very long time and we have great respect for his track record, not only at ResCare, but also in our greater Louisville, Kentucky community. We believe that Ron will be a great fit with the WoundPartners team.”

WoundPartners, a rapidly growing company formed in 2008, provides a comprehensive continuum of wound care services provided by trained wound care physician & nurse specialists utilizing evidence based treatment protocols through a network of wound care clinics and contract services relationships. Based in Louisville, KY, with approximately 50 employees company wide, WoundPartners is presently operating its wound care clinics and contract services relationships in Indiana, Florida & Texas.

ResCare, Inc, (RSCR - NASDAQ) with nearly 35 years of experience helping people reach their highest level of independence, is one of the largest providers of home care to the elderly and those with disabilities. It also offers residential and support services to people with intellectual and developmental disabilities and provides education, vocational training and job placement for people of all ages and skill levels. Based in Louisville, Kentucky, ResCare and its more than 45,000 dedicated employees serve daily more than 65,000 people in 39 states, Washington, D.C., Puerto Rico and in a growing number of international locations. ResCare generated approximately $1.4 billion in revenue during fiscal year 2007. For more information about ResCare, please visit the Company's website at

News Archive