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PEABODY, Mass., April 18 /PRNewswire-FirstCall/ -- Pioneer Behavioral Health, Inc. (OTC Bulletin Board: PIHC) today announced that Bruce Shear, CEO of Pioneer Behavioral Health, will present at the 31st Annual Deutsche Bank Health Care Conference at 7:30 a.m. (Eastern) on May 2, 2006. The Conference will be held at the Sheraton Boston Hotel in Boston, Massachusetts.
Mr. Shear will discuss the Company's three-pronged growth strategy for fiscal 2007, which involves inpatient and outpatient behavioral services, including substance abuse treatment, as well as telephonic and Internet-based support for large organizations such as companies in the hospitality industry and labor unions, and clinical testing for the pharmaceutical industry. Mr. Shear will discuss the Company's Pivotal Research subsidiary, which recently won a contract for a Phase-1 diabetes study, the largest win in Pivotal's history. He will also discuss the Company's expansion efforts in Nevada, including recent wins for the Company's Harmony Healthcare subsidiary and the new Seven Hills Behavioral Institute, a 20,000 square-foot hospital, which will house 60 beds in three separate patient wings, providing inpatient behavioral healthcare and chemical dependency services to this rapidly-growing population.
About the Deutsche Bank Healthcare Conference
The 31st Annual Health Care Conference is scheduled for May 2-3, 2006 and is hosted at the Sheraton Boston Hotel by Deutsche Bank Securities. The Sheraton Boston is at 39 Dalton Street, in the Prudential Center, Boston, 02199. The conference features senior executives from more than 100 of the health care industry's most prestigious public and private companies who will make presentations to update attendees on their businesses. As always, the health care industry will be broadly represented from the product and services side including: pharmaceuticals, specialty pharmaceuticals, biotechnology/life sciences, medical devices, managed care and health care services. Each company will present in a "town hall" format, and will be available for one-on-one meetings throughout the conference. Special keynote speakers and physicians' workshops will also be agenda highlights.
About Pioneer Behavioral Health
Pioneer Behavioral Health operates companies that provide inpatient and outpatient behavioral health care services, clinical research, and Internet- and telephonic-based referral services. The Companies contract with national insurance companies, government payors, and major transportation and gaming companies, among others, to provide such services. For more information, please visit www.phc-inc.com or www.haydenir.com.
Statement under the Private Securities Litigation Reform Act of 1995: This press release may include "forward-looking statements" that are subject to risks and uncertainties. Forward-looking statements include information about possible or assumed future results of the operations or the performance of the Company and its future plans and objectives. Various future events or factors may cause the actual results to vary materially from those expressed in any forward-looking statements made in this press release. For a discussion of these factors and risks, see the Company's annual report on Form 10-K for the most recently ended fiscal year.
Company Contact: Investor Relations Contact:
PHC, Inc. Hayden Communications, Inc.
Bruce A. Shear Matthew Hayden
978-536-2777 843-272-4653
SOURCE Pioneer Behavioral Health, Inc.
-0- 04/18/2006
/CONTACT: Bruce A. Shear of PHC, Inc., +1-978-536-2777; or Investor
Relations, Matthew Hayden of Hayden Communications, Inc., +1-843-272-4653, for
Pioneer Behavioral Health, Inc./
/Web site: http://www.haydenir.com /
/Web site: http://www.phc-inc.com /
(PIHC)
CO: Pioneer Behavioral Health, Inc.; PHC
ST: Massachusetts
IN: HEA MTC CPR TLS OTC
SU: TDS
TU-CM
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0326 04/18/2006 08:30 EDT http://www.prnewswire.com