HHII Builds Relationship With Physician Group for Home Health Referrals
August 16 2012 - 8:00AM
Marketwired
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.
info@homehealthintl.com
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