HBOTechBlog.com

National Healing Corporation and Diversified Clinical Services to Merge

Combination Creates a Premier Wound Care Provider,
Better Able to Treat Underserved Patients Across the Health Care Spectrum

Boca Raton, FL and Jacksonville, FL – September 30, 2011 – National Healing Corporation, a
provider of wound and disease management solutions for hospitals, and Diversified Clinical
Services, also a provider of specialized wound care management services to hospitals, today
announced that they have signed a definitive agreement under which the two companies will
merge.

The combination of the two companies creates a premier provider of wound care and related
diseases management, able to better meet the critical needs of patients suffering from
debilitating and chronic wounds across the health care spectrum. The combined company will
be better positioned to address the growing populations of patients suffering from chronic
wounds, a market that is dramatically underserved by current dedicated wound care providers.
Jeffrey W. Nelson, chief executive officer of Diversified Clinical Services, will become chief
executive officer of the combined company. James Patrick, co-founder and chief executive
officer of National Healing, will continue with the new company as executive chairman.

“This partnership creates an innovator in the field of wound care, with industry-leading clinical
programs and customer service,” said Mr. Nelson. “We expect the combination to accelerate
our growth in both our core hospital market and in other care settings such as skilled nursing
facilities, long-term acute care hospitals, rehabilitation centers, home health care and physician
management. On their own, the two companies currently address only a small fraction of the
patients that could benefit from advanced wound care services. By joining the talents and
resources of two great companies, we believe that we can better address this underserved
patient population. We look forward to working together with National Healing to realize all
the potential benefits this merger offers to our patients, customers and employees.”

“We are very excited to partner with Diversified Clinical Services,” said Mr. Patrick. “Our
focus has always been on improving patient outcomes, and this combination will offer the
resources to provide more patients with affordable access to life-saving wound care. We will
also strengthen our ability to advance the field of wound care by increasing our investments in
clinical care and research, program development, and education and training, while improving
our comprehensive wound care therapy programs to find the most effective solutions for
reducing costs associated with chronic wounds.”

The demand for specialized wound care services is rapidly growing, and the current patient

population is underserved by existing wound care programs. An aging population, combined
with the rise in diabetes, cardiovascular disease and obesity, has created a $14 billion global
wound care industry. In the United States, there are more than seven million Americans who
would benefit from specialized wound care services, but less than one million patients are
currently being treated in a dedicated wound care setting.

The merger will allow the new company to better serve hospitals and other health care facilities
and enhance their ability to improve outcomes for patients. The combined company will
provide hospital customers with significant clinical and operational benefits, including: best-
in-class clinical outcomes and medical staff training programs; increased operational success
resulting from unparalleled expertise in opening and managing wound care centers; increased
revenue and profits from the introduction of new patients and services to the hospital system;
and reduced financial risk through a shared cost structure as well as revenue cycle management
and other specialized services.

Metalmark Capital, a leading private equity firm with a long track record of successful investing
in healthcare and other targeted sectors, is providing funding in support of the transaction
and will maintain a majority ownership position in the combined company. M. Fazle Husain,
managing director at Metalmark and Chairman of National Healing, will continue on the
combined company’s Board of Directors upon closing.

“National Healing has experienced impressive growth since its founding and we believe this
transaction creates a stronger organization,” said Mr. Husain. “We are pleased to continue our
association with National Healing, and we look forward to helping the combined company meet
its mission of serving more patients who suffer from chronic wounds.”

As part of the transaction, The Jordan Company, a private investment firm that specializes
in buying and building businesses in partnership with management, has agreed to sell its
ownership position in Diversified Clinical Services.

Moelis & Company and Jefferies & Company are serving as financial advisors to Diversified
Clinical Services. SNR Denton US LLP and Hogan Lovells US LLP are serving as Diversified Clinical
Services’ legal counsel.

The completion of the transaction is subject to customary closing conditions, including
regulatory approval.

National Healing Corporation Media Contact
Jessica Taft
Phone: 561-939-7972; Email: Jessica.Taft@nationalhealing.com

Diversified Clinical Services Media Contact
Betsy Fallon
Phone: 904-482-0808; Email: BFallon@diversifiedcs.com

Media Contact, Abernathy MacGregor
Chuck Dohrenwend
Phone: 212-371-5999; Email: COD@abmac.com

About National Healing Corporation
Founded in 1996 and headquartered in Boca Raton, Fla., National Healing Corporation provides
management services and the latest technology and expertise in wound healing to its client
hospitals to establish quality wound healing programs. The Joint Commission has awarded
National Healing Disease-Specific Care Certification for Wound Care. Committed to health
care compliance and best practice medicine, National Healing emphasizes these priorities
in its extensive clinical and business training programs. For more information, please visit
www.nationalhealing.com.

About Diversified Clinical Services
Diversified Clinical Services is a provider of specialized wound care services to more than 325
hospitals in the rapidly growing and underpenetrated U.S. wound care market. Diversified
Clinical Services continuously advances quality and outcomes in wound care through its
investments in clinical training and education, clinical care, and advanced wound care
information systems. It also holds The Joint Commission Disease-Specific Care Certification for
Wound Care. For more information, visit www.diversifiedclinicalservices.com.

About Metalmark Capital
Metalmark Capital is a leading private equity firm whose principals have a long track record of
successful investing in targeted sectors, with particular focus and competence in healthcare,
energy and natural resources, and industrials. Metalmark Capital seeks to build long-term
value through active and supportive partnerships with the companies and management teams
in which it invests. Metalmark Capital is an investment center of Citi Capital Advisors. For more
information, please visit www.metalmarkcapital.com.

About The Jordan Company
The Jordan Company (www.thejordancompany.com), founded in 1982, is a leading middle-
market private equity firm with over $5 billion of assets under management and a successful
track record of investing in and growing businesses across a wide range of industries. The firm’s
partners have been investing together for more than two decades, establishing The Jordan
Company as one of the most experienced and stable investment teams in private equity. The
investment team is supported by the firm’s Operations Management Group, which initiates
and supports operational improvements in portfolio companies. The firm generates deal flow
through a well-developed network of sourcing relationships. Headquartered in New York, The
Jordan Company also has offices in Chicago and Shanghai.

Bristol, PA. FBI agents removed boxes from the Bristol office of a family physician Wednesday and were at three other offices owned by that doctor, though officials wouldn’t say why they were there or what was being removed.

Journalists saw FBI agents remove boxes from the office of Dr. William J. O’Brien III on Mill Street in Bristol and remove a hyperbaric oxygen chamber and other equipment from the Middletown office with a forklift and place those items on a flatbed trailer.

O’Brien is president of WJO Inc., a network of family medical practices. He is chairman of Hyper Ox Inc., which provides hyperbaric oxygen therapy services that are used to treat chronic wounds, vascular disease and carbon monoxide poisoning

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