Crescent Healthcare Chairman and CEO Robert Funari Named Ernst & Young Entrepreneur Of The Year(R) 2010 Award Winner in Orange County/Desert Cities

Tuesday, June 22, 2010 General News
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ANAHEIM, Calif., June 21 Crescent Healthcare, Inc., a provider of integrated pharmacy and nursing solutions in alternate site settings, today announced that Robert Funari, Chairman and CEO, received the Ernst & Young Entrepreneur Of The Year® 2010 Award in the Turnaround category in Orange County/Desert cities. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Robert Funari was selected by an independent panel of judges, and the award was presented at a gala event at the Hyatt Regency in Irvine on June 17, 2010.

"I am privileged and honored to accept this award on behalf of the 600 people at Crescent Healthcare who provide exceptional patient care to over 4,000 individuals each month," said Mr. Funari. Crescent Healthcare was founded in 1992 with a focus on providing alternate-site intravenous immune globulin (IVIG) therapy services. Since coming onboard in 2004, Mr. Funari has addressed multiple industry challenges and transformed the business by elevating the company from being one of many infusion therapy service providers to a becoming a partner with health plans, hospitals, and physician groups.

The Ernst & Young Entrepreneur Of The Year awards celebrate their 24th anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance, and personal commitment to their businesses and communities.

As an Orange County/Desert Cities award winner, Robert Funari is now eligible for consideration for the Ernst & Young LLP Entrepreneur Of The Year 2010 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 13, 2010. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation's most prestigious gathering of high-growth, market-leading companies.


Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have the Ewing Marion Kauffman Foundation and SAP America as national sponsors.

About Crescent Healthcare

Crescent Healthcare, Inc. ( manages and delivers integrated pharmacy and nursing services in alternate site settings. The company operates facilities throughout California and Florida and treats thousands of acute and chronic patients nationwide each month. Contracted with hundreds of payers, Crescent has delivered pharmaceutical therapies since 1992. Accredited by the Accreditation Commission for Health Care (ACHC), Crescent Healthcare is committed to delivering exceptional quality care that is both appropriate and cost effective.

About Ernst & Young's Entrepreneur Of The Year® Awards Program

Ernst & Young's Entrepreneur Of The Year® is the world's most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership, and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year® celebrates those who are building and leading successful, growing, and dynamic businesses, recognizing them through regional, national, and global awards programs in more than 135 cities in 50 countries.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited located in the U.S.

In Orange County/Desert Cities, local sponsors include: Marsh Union Bank Stradling Yocca Carlson & Rauth Scherzer International Strategic Equity Group Orange County Business Journal HKA, Inc. RR Donnelley Financial

SOURCE Crescent Healthcare, Inc.

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