Today, TwinMed, LLC, a nation-wide distributor of medical supplies and services, announced two strategic changes to its senior leadership. Co-founder and former Chief Executive Officer, Steve Rechnitz, is now serving as Executive Chairman. Former CMS Administrator Kerry Weems has joined the company as Chief Executive Officer. The appointments were effective December 16, 2013.

In his new capacity as Executive Chairman, Mr. Rechnitz will concentrate on strategic growth and expansion into new markets. Mr. Rechnitz co-founded TwinMed in 1998 with his twin brother. He has served as the company's CEO for the past 16 years, overseeing numerous strategic acquisitions and helping to establish the company as a leader in the medical supplies and solutions market.

"I am looking forward to expanding the business into new healthcare settings and establishing relationships in new areas of the market," said Mr. Rechnitz. "I was fortunate to serve as CEO since TwinMed's creation and am pleased to take on a new role as Executive Chairman as part of the company's strategic growth."

Mr. Weems will assume full day-to-day responsibility for TwinMed as Chief Executive Officer. Prior to his most recent position as head of the Health business for General Dynamics, he served with the federal government with distinction for 28 years. Mr. Weems' government tenure included a number of senior positions with the U.S. Department of Health and Human Services, such as Chief Budget Officer and Chief Financial Officer. In 2007, he was appointed by President Bush to head the Centers for Medicare and Medicaid Services, where he was a tireless advocate for skilled nursing and long-term care facilities. Mr. Weems is the recipient of two Presidential Rank Awards, the highest award of the civilian service, receiving the awards from both President Clinton and President Bush. He received undergraduate degrees in philosophy and business from New Mexico State University and his MBA from the University of New Mexico.

"It is a truly exciting opportunity to join industry-leading TwinMed," said Mr. Weems. "I am driven by companies and programs that can improve the quality of care and save money, especially in the long-term care settings. TwinMed's Formulary and Per Patient Day programs lead the industry in quality and cost savings for its customers. I look forward to working with my friend Steve Rechnitz and the TwinMed management team to help our customers navigate future challenges in the industry and to be a strong advocate for long-term care."

"Mr. Weems joins TwinMed at an important time for our organization," said Mr. Rechnitz. "His executive skills and his passion for long-term care make him a strong voice for an industry under constant budgetary and cost pressures."

About TwinMed, LLC

Founded in 1998 by Steve and Shlomo Rechnitz, TwinMed, LLC is a nation-wide distributor of medical supplies and solutions, serving as the primary distributor to over 2,500 Skilled Nursing Facilities nationwide. Through its "PPD Guarantee" Program, TwinMed, LLC distributes a comprehensive line of over 39,000 branded products at a substantial savings over its competition. Headquartered in Santa Fe Springs, California, the company's extensive network of warehouse facilities allows for same-day delivery of products to its geographically diverse customer base. More information about TwinMed, LLC is available at www.twinmed.com.

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Philip Nunes, 617-556-9982, x227
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