NEWS AND PRESS RELEASES



FOR IMMEDIATE RELEASE

Contact: Mimi Grant, President of ABL Organization
207 E. Memory Lane  Santa Ana, CA 92705
Phone: (714) 245-2400  

Paul Feneck, President of Dispensing Solutions, Joins ABL Organization

Santa Ana, CA January 1, 2010 Paul Feneck, President and COO of Dispensing Solutions, Inc. , has joined the Adaptive Business Leaders Organization (ABL). As part of California’s leading vertical-industry Chief Executives’ Organization, ABL Members provide one another with executive leadership coaching through its confidential, professionally-facilitated, peer-CEO Advisory Board Round Tables, executive learning workshops, network of CEO peers, and expert resources.

Dispensing Solutions, Inc. (DSI) is a state-of-the art phamaceutical repackager licensed by the FDA and DEA in 46 states. As the provider of DispenseQuick in-office dispensing program, DSI packages over 1,600 SKU’s of brand and generic drugs, controlled substances (Schedule II, III, IV and V), injectables, creams, ointments, liquids, and suspensions, as well as provides web-based software dispensing applications to thousands of physician dispensing programs across the nation. As a provider of medications to First Responder programs, DSI supplies government agencies of all levels with prophylactic antibiotics medication in ready to deploy “push packs”. As a contract packager, DSI fulfills the needs of companies of all sizes in search of a scalable, dependable, quality-centric packaging partner.

Paul's broad background within healthcare services includes physician practice management, integrated hospital systems, HMOs, PPOs, out-patient surgery centers, dialysis / renal care, hospitalist and home health. Previously, Paul was CEO of Nephrology Associates Medical Group, responsible for the business operations and strategic development efforts for a Group of 21 Nephrologists, 12 out-patient dialysis units and two Vascular Access Surgery Centers. Earlier, Paul was Regional VP of Operations for Pediatrix Medical Group, where his business unit included 67 medical facilities and 600 employees delivering for $350 million in net revenues and $40 million in EBITDA. Paul's payer experience includes being CEO of PPO Alliance, a subsidiary of Columbia/HCA, in the mid-1990s; he was also responsible for Western Group Operations of Columbia's Provider Networks/Managed Care division. He started his healthcare career with PacifiCare Health Systems, where he assisted in the development of Secure Horizons, one of the largest Medicare HMOs. He held various financial management positions at PacifiCare and later served as Director of Corporate Finance & Accounting for Safeguard Health Enterprises, a National Dental HMO.

Paul earned his MBA from California State Polytechnic University in Pomona, and his BS in Finance from San Diego State University. He is an active member of ABL and serves on a number of healthcare Advisory Boards. He and his wife, Dori, have been married for over 20 years and have three daughters who range in age from teenagers to a young adult.

"Paul is a great addition to the group and his fellow Members are going to be able to gain from and leverage his expertise," said Mimi Grant, President of ABL Organization.

About the Adaptive Business Leaders (ABL) Organization
ABL supports the needs of its Member CEOs by providing a place for top-level executives to draw on the experience, knowledge and skill sets of their peers in a vertical industry, personal advisory board – “multi-coach approach” – setting.

The core component of the CEO Membership experience is the group Round Table meeting. Members meet once a month for a half-day with a group of peer CEOs, Presidents, COOs and Division General Managers from non-competing companies, all from the same industry (healthcare, technology or life sciences), in a trusted and confidential board room-like setting, which allows ABL Members to tackle topics and enhance their decision making and business performance. Topics include: developing and honing new business strategies and best practices, new lines of business, “A-players” on the management team, and an effective board of directors, as well as understanding trends in new markets, mergers and acquisitions, compensation, and other “hot” topics brought to the Round Tables by the Members themselves.

ABL Members also gather several times a year at workshops and conferences to exchange ideas and connect with other chief executives beyond their own CEO peer groups. In effect, ABL Members serve as one another’s business coaches within the Round Tables and are encouraged to connect and leverage their co-Member peers’ particular skills and expertise for additional leadership coaching, one-on-one, outside of their monthly group meeting. In addition, each Round Table’s facilitator also serves as an objective business advisor, offering executive and industry insights and advice.

 ABL's Chief Executive Leadership Development Round Table program is currently offered in California's Greater Los Angeles, Orange and San Francisco County areas. More information about the ABL Organization can be found at http://www.abl.org .

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