KNOXVILLE, Tenn., April 1 /PRNewswire/ -- Housecall Medical Resources Inc. announced today that it has finalized the sale of its RT/HME and Infusion businesses to Apria Healthcare Group Inc. effective March, 31 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040401/CLTH063LOGO )
Included in the transaction are Housecall's RT/HME and Infusion locations in Tennessee and Florida. Under the agreement, Apria is purchasing the assets of Housecall RT/HME and Infusion locations, but not assuming its liabilities.
John Heller, chief executive officer of Housecall stated, "Housecall's RT/HME and Infusion businesses have earned an excellent reputation in the markets we served throughout the years, built on outstanding patient care and dedication to the community. We are pleased that these businesses will become an important part of Apria's well-regarded national network of healthcare services. For Housecall this decision will add to our already strong financial position and will help fund the planned growth of our core businesses, Home Health Nursing and Hospice. Housecall remains solidly committed to maintaining our market position as the premier provider of home health and hospice in the communities we serve."
Housecall opened 7 new home health agencies and 3 new hospice locations in the 4th quarter of 2003 bringing the total number of home health agencies to 59 and hospice agencies to 8. Housecall plans to continue the growth of these businesses through expansion of existing locations and strategic acquisitions.
Housecall is one of the leading providers of home care services in the Southeast. For the past 30 years, our experienced staff has been caring for patients and their family members with kindness and empathy. We take pride in our dedication to integrity, honesty, and commitment to regulatory compliance. All of our agencies are state licensed, Medicare certified and JCAHO accredited. Housecall currently provides Home Healthcare TN, KY, ID, VA, and FL, and Hospice in TN and VA. Housecall Medical Resources can be found on the Web at http://www.housecall.com/
Photo: http://www.newscom.com/cgi-bin/prnh/20040401/CLTH063LOGOPRN Photo Desk, photodesk@prnewswire.comHousecall Medical Resources Inc.CONTACT: Barry Somervell, Vice President Sales and Marketing ofHousecall Medical Resources, +1-615-373-3029, ext. 1013
Web site: http://www.housecall.com/