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  September 5, 2001
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Home > Company Index > Health Products & Services > Specialized Health Services > NAHC, Inc.

NAHC, Inc.
OTC: NAHC
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 PROFILE
What happens to a leading provider of rehabilitation services in the US when the government cuts Medicare reimbursements? Liquidation. NAHC (formerly NovaCare) has sold its contract rehabilitation (physical, occupational, and speech therapy) services to Select Medical; its majority stake in NovaCare Employee Services (now HR Logic), a top US professional employer organization; its orthotic and prosthetics unit to Hanger Orthopedic; and its long-term-care rehabilitation services to Chance Murphy. The firm is now in a holding pattern as it considers whether to invest proceeds from these sales in new business or to close and distribute the funds to shareholders.

 COMPETITION
HCA, Inc. (HCA)
HEALTHSOUTH Corporation (HRC)
Staff Leasing, Inc. (STFF)

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 0.00
Employees: 10
Revenue per employee: $0.00

 KEY PEOPLE
• David R. Burt
    CEO

 CONTACT INFO
1018 W. 9th Ave.
King of Prussia, PA 19406
US
Phone: 610-992-7450
Fax: 610-265-4300

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