MCG HEALTH, INC. GIVES MORE THAN $11 MILLION TO MEDICAL COLLEGE OF GEORGIAOctober 20, 2004Augusta, GA Check presentationMCG Health, Inc. today transferred more than $11 million to the Medical College of Georgia during the MCG Health, Inc. Board of Directors meeting. MCG Health, Inc. Board Chairman Don Leebern, Jr. and President and CEO Don Snell presented a check totaling $11,429,161.64 to Dr. Daniel Rahn, President of the Medical College of Georgia.

“Every year, we transfer 43 percent of the health system’s margin to the Medical College of Georgia. These funds contribute to the success of the entire organization-bolstering academic development and research by world-class clinicians,” said Snell.

“The relationship between MCG and MCG Health, Inc., is truly synergistic,” said Dr. Rahn. “It has enabled unprecedented, strategic growth on our campus and improved health care for Georgians. We look forward to continued collaboration and an even stronger future.”

Academic medical centers have three primary missions-patient care, education and research. To carry out these missions, academic medical centers must provide a full range of clinical services and maintain the infrastructure to foster education and research.

Over the past four years, MCG Health, Inc. has transferred more than $43 million to the Medical College of Georgia.

MCG Health System is composed of three separate organizations -- MCG Health, Inc. and the clinical services offered by the faculty employees of the Medical College of Georgia and the members of the Physicians Practice Group. The physicians of MCG Health System are community physicians and faculty employees of the Medical College of Georgia and the Physicians Practice Group, not employees of MCG Health Inc. MCG Health, Inc. is a not-for-profit corporation operating the MCG Medical Center, MCG Children’s Medical Center, the MCG Sports Medicine Center, MCG Ambulatory Care Center, the Georgia Radiation Therapy Center and related clinical facilities and services. MCG Health, Inc. was formed to support the research and education mission of the Medical College of Georgia and to build the economic growth of the CSRA, the state of Georgia and the Southeast by providing an environment for faculty employees of the Medical College of Georgia and the Physicians Practice Group and community physicians to deliver the highest level of primary and specialty health care. For more information, please visit www.MCGHealth.org.

Danielle Wong MooresMedia Relations ManagerMCG Health, Inc.(706) 721-9566dwong@mail.mcg.edu

Last Modified On: 02/25/2005