Arcadia Resources Expands In-Home Health Care Business in Southwest Florida
19 Juillet 2005 - 3:02PM
PR Newswire (US)
Arcadia Resources Expands In-Home Health Care Business in Southwest
Florida --Acquires Fort Myers Operations of Alternative Home Health
Care-- SOUTHFIELD, Mich., July 19 /PRNewswire-FirstCall/ -- Arcadia
Resources, Inc., (OTC:ACDI) (BULLETIN BOARD: ACDI) , a leading
provider of home care and staffing services, mail order pharmacy
and durable medical equipment ("DME"), announced today that it has
acquired the Fort Myers, Florida operations of Alternative Home
Health Care of Lee County, Inc., a home care agency that provides
licensed nurses, certified home health care aides and support
services throughout Florida's lower Western Gulf Coast region.
Alternative Home Health Care will retain ownership and operations
of its office located in Fort Lauderdale, Florida. Upon full
integration of the acquisition, Arcadia Resources plans to operate
Alternative Home Health Care under the brand name Arcadia Health
Care, as a wholly owned Arcadia company. In addition to supplying
in-home health care to patients, Arcadia plans to offer durable
medical equipment (DME) including respiratory/oxygen services. Tom
White, Regional Manager of Arcadia's recently acquired United
Health Care Services located Ft. Myers and Port Charlotte, Florida,
will also manage Alternative Home Health Care. George Cann,
President and Owner of Alternative Home Health Care, stated, "We
are impressed with the quality of Arcadia Resources services. We
entrust their experienced leadership team to expand our operations
for the benefit of our customers." Larry Kuhnert, President of
Arcadia Resources, stated, "The acquisition of Alternative Home
Health Care exemplifies our vision to create a combination store
focused on servicing the diverse needs of the in-home patient from
a single location. This business model can provide patients with
greater accessibility to a broad range of services, from in-home
caregivers to future durable medical equipment, while supporting
consumer confidence through the well-recognized Arcadia brand name.
We believe this one-stop approach to in- home health care provides
Arcadia with the opportunity to solidify long-term customer
relationships throughout Southwest Florida." About Arcadia
Resources, Inc. Arcadia Resources, Inc., helps organizations
operate more effectively and with greater flexibility, and enables
individuals to manage illness and injury in the comfort of their
own homes. Headquartered in Southfield, Michigan, the company's
core businesses are comprehensive home care services, medical and
non-medical staffing, mail order pharmacy and medical equipment.
For more information about Arcadia, please visit the company's Web
site at http://www.arcadiaresourcesinc.com/ . Investors should
visit http://nfnonline.com/acdi/ . For more information, contact:
Geoffrey Eiten, National Financial Network, 781-444-6100x613, . See
also http://www.nfnonline.com/acdi . Safe Harbor under the Private
Securities Litigation Reform Act of 1995: The statements which are
not historical facts contained in this press release are
forward-looking statements that involve certain risks and
uncertainties including but not limited to risks associated with
the uncertainty of future financial results, regulatory approval
processes, the impact of competitive products or pricing,
technological changes, the effect of economic conditions, our
ability to effectively integrate the acquired business and
successfully utilize our national network, and other uncertainties
as may be detailed in the Company's filings with the Securities and
Exchange Commission. Any forward-looking statements contained in
this news release speak only as of the date hereof. The Company
does not undertake and disclaims any obligation to update or alter
its forward-looking statements. DATASOURCE: Arcadia Resources, Inc.
CONTACT: Geoffrey Eiten of National Financial Network,
+1-781-444-6100, ext. 613, Web site:
http://www.arcadiaresourcesinc.com/ http://nfnonline.com/acdi
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