National Home Health Care Corp. Announces Closing of Investigation Relating to Connecticut Subsidiary
April 24 2006 - 11:52AM
Business Wire
National Home Health Care Corp. (NASDAQ:NHHC) today announced that
the United States Attorney's Office in New Haven, Connecticut, has
closed its investigation into possible violations of certain
federal health care laws by its Connecticut home health care
subsidiary. The subsidiary had received a subpoena seeking the
production of documents in October 2003. The Company would like to
thank its employees in Connecticut, especially the psychiatric
nurses. The Company truly appreciates their loyalty and their
ability to remain committed to its patients during this difficult
time. National Home Health Care Corp. is a provider of home health
care and staffing services in the Northeast. This press release
contains forward-looking statements that involve a number of risks
and uncertainties. Forward-looking statements may be identified by
the use of forward-looking terminology such as "may," "will,"
"expect," "believe," "estimate," "project," "anticipate,"
"continue," or similar terms, variations of those terms or the
negative of those terms. Important factors that could cause actual
results to differ materially from those indicated by such
forward-looking statements are set forth in the Company's filings
with the Securities and Exchange Commission (SEC), including the
Company's Annual Report on Form 10-K, the Company's Quarterly
Reports on Form 10-Q, and other filings and releases. These include
but are not limited to risks and uncertainties relating to whether
the Company can identify, consummate and integrate on favorable
terms acquisitions or market penetrations; market acceptance;
pricing and demand for the Company's services; changing regulatory
environment; changing economic conditions; whether the Company can
attract and retain qualified personnel; ability to manage the
Company's growth; and other risks detailed in the Company's filings
with the SEC.
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