According to Jarrard, discussions of a possible sale have been tabled for the time being noting that “every Essent hospital is profitable and growing in their markets."If you note the timeframe, that was in November of 2007--exactly the period that is displayed on the American Hospital Directory's site right now, showing the losses of what, $5 Million? So much for Essent's veraciousness.
Sunday, February 15, 2009
You might remember when Hud left...(for those who don't, he was the CEO of Essent) and some of the rhetoric that was used when he was ousted. Possibly you might have missed a statement that was issued by David Jarrard, an Essent spokesperson to the Nashville Post:
If we take that, and Essent's backing out of the retirement match, you might have some serious doubts about the present and future health of Essent as a viable entity. And how can you trust what they say?