Turenne PharMedCo Restructures — Welcomes New Faces

| Montgomery, AL — March, 2012 |

Turenne PharMedCo announced today that it is restructuring its executive management team and introduced several of the key members.

PharMedCo is a wholly-owned subsidiary of Turenne & Associates, LLC, founded in the early 1990s as three separate companies — Turenne Pharmacy, T&A Medical Supply, and Turenne Billing.  The company has grown from a five-person operation running out of a single office suite to one of the largest private sector long term care pharmacies and medical supply distributors in the southeast.

Craig Miller, Vice President of Operations said they are, "...consolidating the management of each of the company's [now] five divisions under a General Manager, who will be responsible for all aspects of their respective division."

"We've simply outgrown our original management model," said Miller.  "It's a good problem to have.  I have every confidence in the individuals who are moving into the GM roles.  They are strong leaders with extensive experience.  I look forward to a bright future for our company under their guidance."

In the new model, Turenne PharMedCo has been broken out into five distinct divisions: Alabama Pharmacy, Tennessee Pharmacy, Medical Supplies, Part B Billing and Therapeutic Shoes, and a Shared Services Division, which includes their internal support structure.

Tisha Hayes is taking the helm of the Tennessee Pharmacy division, located in Nashville.  Serving around 1,000 long term and assisted living residents across the state, the Tennessee pharmacy is a relatively new and growing piece of the PharMedCo portfolio.  Ms. Hayes brings over 20 years of experience in long term care pharmacy to her new role, with most of that spent equally in sales, operations, and customer retention.  "We have tremendous potential in Tennessee," said Hayes.  "It's very exciting.  I am grateful for the opportunity to help grow such an important element of PharMedCo."

Keith Spry will be overseeing the company's Part B Billing and Therapeutic Shoe Division.  The original PharMedCo offering, Medicare Part B billing services have undergone dramatic changes over the past four years, most notably the addition of therapeutic shoe services to the division in 2010.   They now offer custom fitting and billing — along with the shoes themselves — for diabetic patients, as well as billing and consulting services for enteral patients in skilled nursing facilities.  Mr. Spry comes to his new role with a long history in manufacturing, distribution and sales.  "I have a lot to learn about the healthcare industry and how it works, but I look forward to the challenge and to helping make a difference in serving others," he said.

Carol Webb has been named the new General Manager for Shared Services.  Ms. Webb has been a part of the leadership team at PharMedCo for over 12 years, starting out in Human Resources and working her way up to Operations Manager, the position she's held for the past seven years.  "It will be our job to make sure all our other divisions can do theirs," said Webb.  "We're looking forward to providing service and leadership to all the divisions of PharMedCo."

The two remaining positions — Pharmacy Alabama and Medical Supplies — have yet to be filled. "We have opened search committees to fill the positions," commented Ms. Webb.  "We are talking to some very good people and expect to have the positions filled by the end of April."

Turenne PharMedCo is a full-line medical supply distributor, long-term care pharmacy, and Medicare billing agency serving the healthcare industry in Alabama and Tennessee and throughout the southeastern United States.

For more information, contact Cushing Phillips, Director of Marketing & Communications.

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