Centric Health Announces Investor Day Event

TORONTO, May 24, 2011 /CNW/ - Centric Health Corporation ("Centric Health" or "the Company") (TSX: CHH), Canada's leading diversified healthcare company, announced today that the Company will host an Investor Day event on June 10, 2011, at the St. Andrew's Club, 150 King Street West, in Toronto. The meeting, which also will be webcast live, will begin promptly at 8:30 a.m. Eastern Time and end at approximately 10:00 a.m. Eastern Time. The event will also include discussion of Q1 2011 results.

The Investor Day will feature presentations from Centric Health executives including: Dr. Jack Shevel, Chairman; Daniel Carriere, Chief Executive Officer; Peter Walkey, Chief Financial Officer; and Craig Gattinger, Chief Executive Officer of LifeMark.

Institutional investors and analysts interested in attending the investor day event should contact Kristen van Vogt at TMX Equicom to register, via telephone at (416) 815-0700 ext. 244 or email at kvanvogt@equicomgroup.com.

Interested parties may listen to the live, audio webcast of the event by visiting the Company's website at www.centrichealth.ca/events-presentations.php. A webcast replay will also be available on the Centric Health website.

The Company would also like to inform investors that a copy of the Centric Health Investor presentation is now available on its website at www.centrichealth.ca/events-presentations.php.

About Centric Health
Centric Health's vision is to be Canada's premier healthcare company, providing innovative solutions centered on patients and healthcare professionals. As a diversified healthcare company with investments in several niche service areas, Centric Health currently has operations in medical assessments, disability and rehabilitation management, physiotherapy and surgical centres, homecare, specialty pharmacy and wellness and prevention. With knowledge and experience of healthcare delivery in international markets and extensive and trusted relationships with payers, physicians, and government agencies, Centric Health is pursuing expansion opportunities into other healthcare sectors to create value for all stakeholders with an unwavering commitment to the highest quality of care. Centric Health is listed on the TSX under the symbol CHH. For further information, please visit www.centrichealth.ca. Centric Health's strategic advisor is Global Healthcare Investments & Solutions, Inc. ("GHIS") (www.ghis.us). GHIS and entities controlled by shareholders of GHIS are currently the largest shareholders of Centric Health.

Forward-Looking Statements
This press release contains statements that may constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation.  These forward-looking statements include, among others, statements regarding business strategy, plans and other expectations, beliefs, goals, objectives, information and statements about possible future events. Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks, which could cause actual results to vary and in some instances to differ materially from those anticipated by Centric Health and described in the forward-looking statements contained in this press release. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do so, what benefits Centric Health will derive there-from.

For further information:

Peter Walkey
Chief Financial Officer
Centric Health
416-496-6166 ext. 329
peter.walkey@centrichealth.ca
                Catherine Love
Investor Relations
TMX Equicom
416-815-0700 ext. 266
clove@equicomgroup.com