Somnia Anesthesia Services Appoints John B. Ansorge to Post of Chief Financial Officer

Healthcare Veteran Tapped to Support Company's Growth Agenda

NEW ROCHELLE, NY--(Marketwire - October 12, 2010) -  Somnia Anesthesia, the premier anesthesiology practice management company, today announced the appointment of John Ansorge to the position of chief financial officer. In this newly created role, Ansorge will assume oversight of the company's financial operations, with responsibility for accounting, financial planning and reporting, budgets and forecasting. He will report to Somnia President and CEO, Marc E. Koch, MD, MBA.

Mr. Ansorge joins Somnia with more than 20 years' experience in hospital finance. Most recently, he held the position of interim CFO for Stamford Health System in Stamford, Connecticut, a 305-bed teaching hospital affiliated with the Columbia University Medical School and posting net revenues of $450M. While there, he reorganized the Patient Access Department, initiated and controlled a cost savings plan aimed at reducing expenses, reduced supply costs, and successfully reorganized the hospital's debt during unfavorable market conditions.

"John is a highly talented healthcare finance professional who rounds out our world-class executive team," said Dr. Koch. "He brings tremendous business acumen to the organization and we're confident he will put in place the financial structure needed to support our continued growth in the hospital market."

Prior to joining Stamford Health System, Mr. Ansorge held the post of chief financial officer at a variety of hospitals including Lincoln Park Hospital and Ephraim McDowell Regional Medical Center, located in Chicago and Kentucky, respectively. While at Lincoln, he reduced cash flow losses and increased collections. He also moved the hospital's EBITA results into positive territory for the first time in five years.

Earlier in his career, Mr. Ansorge honed his healthcare accounting and finance skills in a series of roles requiring increasing levels of responsibilities at Humana, Inc. and Columbia/HCA Healthcare Corporation.

Mr. Ansorge holds a BS, Healthcare Management, from the University of Alabama.

About Somnia
Somnia Inc., founded in 1996, is the most experienced physician-owned and operated clinical anesthesia management company servicing healthcare facilities nationwide. Somnia specializes exclusively in building and comprehensively managing world-class anesthesia teams that consistently deliver the highest quality of patient care. The company expertly manages all areas of anesthesia including leadership, recruiting, revenue cycle management, payor contracting and quality assurance with the largest in-house management infrastructure in the United States.

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Danielle McAuley