PCI | HealthDev Announces Leadership Organizational Changes

DALLAS, Jan. 3, 2017 /PRNewswire-iReach/ -- PCI | HealthDev ("HealthDev")/the Company) is pleased to announce several leadership changes. These changes will enable HealthDev to evolve as a leader in medical real estate development and investment solutions.

Pedro Juan Vergne-Morell assumes the position of Co-Chairman and Board Member of PCI | HealthDev. He will work closely with the Board and the management team of the Company to further refine the business model and to accelerate the growth of the Company. Pedro Juan also will be a Director of PCI | HealthDev's parent company, Caduceus Medical Holdings, Inc.

Jeff Kroll has been promoted to Chief Executive Officer. Jeff joined HealthDev in 2012 as Senior Vice President, Business Development and Asset Financing, and most recently was Chief Operating Officer. Jeff will lead the strategic vision of HealthDev.

Gregg Sonnen assumes the position of Co-Chairman and Board Member of PCI | HealthDev. Along with Pedro Juan, Gregg will lead HealthDev's business model and growth. Gregg also has been promoted to Chairman and CEO of Caduceus Medical Holdings, Inc., HealthDev's parent company.

Greg Pakes has been promoted to Chief Financial Officer of PCI | HealthDev. Previously the Controller, Greg is responsible for the fiduciary health of the Company.

Mats Wahlström and Dr. Pedro Vergne-Marini, formerly Chairman and Founder / Co-Chairman, respectively, of PCI | HealthDev, will remain active with HealthDev as Board Members. Both Mats and Pedro will be Directors of Caduceus Medical Holdings, Inc. and focus on other parent company endeavors.

"Our intention always was to grow HealthDev to the point where the leadership baton could be passed to a seasoned member of our executive team," said Pedro Juan Vergne-Morell. "These changes enable me to hand off the day-to-day management of the company to Jeff, while Gregg, Mats, Pedro and I focus on growing the company in other ways."

About HealthDev

Founded in 2007 by Pedro Vergne-Marini, M.D., PCI | HealthDev is owned and managed in part by physicians, medical industry and real estate experts who understand the challenges and opportunities that exist in today's economy, as well as the strategic and financial impacts created by healthcare reform legislation. HealthDev is committed to providing industry-leading solutions to healthcare professionals and providers to help them achieve their short- and long-term financial and medical real estate goals. HealthDev streamlines and simplifies financing, medical facility development, construction, and ownership and the management of the asset so physicians, hospitals and healthcare providers can focus on what they do best – delivering quality care.

For more information on PCI | HealthDev, please visit www.healthdev.com.

© 2017 Physicians' Capital Investments, LLC. All rights reserved. PCI | HealthDev is a d/b/a of Physicians' Capital Investments, LLC, a Nevada limited liability company. The Physicians' Capital Investments name and logo is a registered mark and the PCI | HealthDev name and logo is a registered mark of Physicians' Capital Investments, LLC. This release may contain "forward-looking statements". All statements, other than statements of historical fact, including statements that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management's assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results may differ significantly.

Media Contact:Laurel McFerrin, PCI | HealthDev, (469) 828-3367, lmcferrin@kmgcap.com

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SOURCE PCI | HealthDev