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  September 5, 2001
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Home > Company Index > Health Products & Services > Home Health Care > Home Health Corporation of America, Inc.

Home Health Corporation of America, Inc.
OTC: HHCA
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 PROFILE
A discouraging word might be heard at this home, if the topic is the government. Home Health Corporation -- facing life-threatening cutbacks in Medicare reimbursement levels while fighting to get paid by some of its top insurance clients -- has filed for Chapter 11 bankruptcy. The company offers home nursing, respiratory therapy, and rental of durable medical equipment and furniture. But it has slashed operations to the bare bones. Home Health has closed more than half of its offices, cut jobs, and canceled contracts with a number of the insurance companies and managed care firms it had been serving.

 COMPETITION
Apria Healthcare Group Inc. (AHG)
Coram Healthcare Corporation (CRHEQ)
Gentiva Health Services, Inc. (GTIV)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
1998 Sales (mil.): 174.30
1-Yr. Sales Growth: 16.0%
Employees: 3,069
Revenue per employee: $56,793.74

 KEY PEOPLE
• David S. Geller
    CEO
• Richard Furtek
    CFO

 CONTACT INFO
620 Freedom Business Center, Ste. 105
King of Prussia, PA 19406
US
Phone: 610-205-2440
Fax: 610-205-2468
Online: Web Site

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