HHII Builds Relationship With Physician Group for Home Health ReferralsMarketwire
VERO BEACH, FL -- (Marketwire) -- 08/16/12 -- Home Health International Inc. (PINKSHEETS: HHII), a Medicare-certified home health agency and durable medical equipment (DME) supplier, announced today that the Company is in talks with a physician group for exclusive referrals for home health services.
Home Health International is close to finalizing an agreement with a regional physician group to be the group's home health agency of choice for patients in need of home health services. The physician group is seeking a relationship with a home health services provider in order to streamline operations and provide a consistent experience across all patients and physicians. Home Health International would serve as the physician group's preferred home health agency for patient referrals.
While specific terms of the arrangement are not yet finalized, Home Health International shared the following key provisions:Exclusivity -- The physician group will refer patients in need of home health services to Home Health International first; however, in the event Home Health International rejects a patient for any reason, the physician group can refer the patient to another home health agency of its choosing. Risk Assessment -- Home Health International will perform an initial risk assessment for each referred patient to include health history, current health care needs, and appropriate time/equipment/staff investments. Right of First Refusal -- Home Health International is granted right of first refusal for home health care patients. Nature of Relationship -- In accordance with federal laws and regulations, Home Health International and the physician group enter into this contract void of any financial relationship, compensation arrangement, or remuneration. This contract merely outlines expectations of a relationship of trust, convenience, and ease of care.
Based on market data, Home Health International anticipates this arrangement could increase monthly revenues by an estimated 20 percent.
For more information about Home Health International Inc., visit the corporate website at www.homehealthintl.com.
About Home Health International Inc.Home Health International Inc. was incorporated in the State of Nevada on September 13, 2006. The Company was formerly known as Micro Mammoth Solutions, Inc. and operated as such until January 25, 2010. On January 26, 2010, the Board of Directors of the Company approved a Stock Purchase Agreement between the Company and all of the shareholders of Atlas Capital Partners, LLC. Following the acquisition of Atlas Capital Partners the shareholders approved an amendment to the Company's Articles of Incorporation changing the Company's name from Micro Mammoth Solutions, Inc. to Atlas Capital Holdings, Inc. The Company received shareholder and board approval to amend its Articles of Incorporation to change its name to Home Health International Inc. This change was approved by FINRA and became effective on March 26, 2012.
Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Home Health International Inc. undertakes no obligation to update such statements.CONTACT:Home Health International Inc.email@example.com
Source: Home Health International Inc.