On Oct. 9, ownership of the PrimeCare Network LLC was transferred from Clint, Frank and Ted Snell to Cathie Pruitt and Jane Edwards.
“We all felt that the Network had reached a crossroads and that, since Cathie and Jane have been instrumental in conducting the day-to-day management and long-range planning since the beginning, this was an opportunity for growth and expansion of the company,” Clint Snell, president of Snell’s Orthotics and Prosthetics of Louisiana, said in a news release.
“With the ongoing uncertainty in the health care field, we understood that the Snells have to make investments in their private practices top priority. At the same time, in order to move forward with our game plan for growth and expansion of services to members, an infusion of capital was needed. Jane and I believe strongly enough in the future of PrimeCare and in the future of independent practitioners to make that investment,” Pruitt, president and partner of PrimeCare, said. “The Snells agreed with us that this would be an appropriate direction for them, us and our members and partner suppliers.”
Frank Snell, president of Snell Prosthetic and Orthotic Laboratory in Arkansas, said that the Snells will continue their memberships in PrimeCare and maintain a close relationship with the new owners.
The former board of directors also has agreed to stay on as an advisory board, Edwards, partner and vice president of operations for the company, said.
“Passing the baton to these ladies, in my opinion, shows that all of us have a great deal of belief and faith in their leadership moving forward,” Ted Snell, president of CFI Prosthetics Orthotics in Memphis and North Mississippi, said. “With their guidance and support, the Network has created educational opportunities, access to contracts and other benefits, including our Prime-Care Partners program, managed care executive training in O&P, and materials for members’ use in various aspects.”