Southern Home Medical Equipment Engages Waterford Holdings
GREER, SC, United States, via ETELIGIS INC., 01/26/2015 – – Southern Home Medical, Inc. (OTC Pink: SHOM) (PINKSHEETS: SHOM), a holding company providing healthcare services, staffing and medical equipment to medical institutions and facilities announced today that it has signed a letter of intent to purchase back the Greenville/Spartanburg, SC market.
“The healthcare industry is growing and changing as we have never seen before,” says Jeffrey L Sarvis, President & CEO of Southern Home Medical, Inc. “This creates many opportunities to leverage our geographical footprint and broaden our core business, increase market penetration and expand our revenue base.”
This letter of intent provides for parties to complete a formal due diligence process over the next few weeks, with a final decision completed by January 31st. “We clearly see synergies associated with this transaction, and we look forward to continued success of the Encore brand,” commented Buffy Tucker, Managing Partner with the Greenville/Spartanburg office.
About Southern Home Medical, Inc.:
Southern Home Medical, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. The Company has quality health care professionals and medical equipment to support hospitals, rehab centers, nursing homes and other medical facilities providing RN’s, LPN’s, CNA’s, RT’s, Billing Specialist, Customer Service Specialist. With contractual agreements in Columbia, Greenville, Florence Myrtle Beach, South Carolina; Nashville and Murfreesboro, Tennessee; Atlanta, Georgia. Southern Home Medical will leverage the success of these business areas to expand sales opportunities in other areas with health, medical and equipment needs.
Forward Looking Statement:
The statements in the press release that relate to the Company’s expectations with regard to the future impact on the Company’s results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in the document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may" "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
SOURCE: Southern Home Medical, Inc.