Almost Family acquires home health agency from Fayette County Memorial Hospital

Nov 3 2010NewsGuard 100/100 Score

Almost Family, Inc. (Nasdaq: AFAM) today announced that it has acquired the assets of the Medicare-certified home health agency owned by Fayette County Memorial Hospital located in Washington Court House, OH.

"We are very pleased to welcome the employees of Fayette County to our growing family of home health providers. We're also very excited to continue executing our acquisition strategy in our Midwest geographic cluster," said William B. Yarmuth, chairman and chief executive officer of Almost Family.  "As we've said before we have been directing our development attention to the Midwest cluster for awhile now and are happy to announce this transaction."

The agency generated approximately $0.6 million of revenue in 2009.  Terms of the transaction were not disclosed.

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Almost Family, Inc.

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