LOUISVILLE, Ky., Feb. 22 /PRNewswire-FirstCall/ -- Almost Family, Inc.
(Nasdaq: AFAM) today announced that it has acquired the assets and business
operations of Gainesville, FL based home health agency, Florida Palliative
Home Care. Terms of the transaction were not disclosed.
William B. Yarmuth, Chairman and CEO, commented on the announcement: "We
are excited to announce this addition to our Caretenders' Visiting Nurse
operations in Florida. This acquisition includes 11 counties in north Florida
and adds another important metropolitan area, Gainesville, to our rapidly
expanding Florida operations. We are pleased to welcome the agency employees
and patients into the Almost Family fold."
Almost Family noted that the acquisition of Gainesville's Florida
Palliative Home Care follows the acquisition of an agency in Orlando FL in the
fourth quarter of last year and that it continues to seek attractive home
health agency acquisition candidates in Florida and elsewhere. The Company
noted that the Gainesville acquisition is not currently expected to have a
material effect on its 2005 consolidated results of operations or financial
condition.
Almost Family, Inc. is a leading regional provider of home health nursing
services, in-home personal care services and facility based adult day care
services. The Company has service locations in Florida, Kentucky, Ohio,
Maryland, Connecticut, Massachusetts, Alabama and Indiana.
SOURCE Almost Family, Inc.
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Related links:
http://www.almost-family.com
Company News On-Call:
http://www.prnewswire.com/comp/784275.html
CONTACT:
William Yarmuth or Steve Guenthner of Almost
Family, Inc., +1-502-891-1000
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