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CARETENDERS HEALTHCORP ANNOUNCES TWO ACQUISITIONS

 CARETENDERS HEALTHCORP ANNOUNCES TWO ACQUISITIONS
 LOUISVILLE, Ky., April 28 /PRNewswire/ -- Caretenders HealthCorp


(NASDAQ: CTND) announced today it has acquired Care Services, Inc. of Richmond, Va., a home health care company, and that it has signed a letter of intent to purchase Metro Home Care, a home medical equipment and respiratory service company in Louisville, Ky. The purchase of Care Services, Inc. from Robert L. Hancock and Capital Equity Associates was concluded Monday. The purchase of Metro Home Care should be finalized within the next few weeks. Terms of the acquisitions were not announced.
 William Yarmuth, Caretenders President, said the acquisition of Care Services allows the company to expand into one of the markets it had targeted for growth. "We are extremely pleased with the opportunity to include Richmond among the communities served by Caretenders. Care Services has established a foundation of excellent services which Caretenders will continue." Yarmuth said Care Services Executive Director William G. Haneke will remain as director of the Caretenders Richmond office.
 The acquisition of Metro Home Care should be completed within the next few weeks, said Yarmuth. The addition of Metro to Caretenders' Louisville operations will enhance the company's ability to deliver comprehensive home health care to its clients. Caretenders currently provides home nursing and infusion pharmacy services in the area. "The acquisition of Metro will allow us to accomplish our goal of delivering coordinated, comprehensive services to our clients and their referring physicians and discharge planners," said Yarmuth. "This approach eases the transition from the hospital to the home by allowing patients or their caregivers to make one phone call for all their home health needs." The president of Metro, Alan Cohen, will assume the role of general manager of the Caretenders home medical equipment office in Louisville.
 Caretenders HealthCorp provides JCAHO accredited comprehensive home health care and adult day care services in several major markets in the eastern United States.
 -0- 4/28/92
 /CONTACT: John Yarmuth, Caretenders HealthCorp, 502-425-4707/
 (CTND) CO: Caretenders HealthCorp; Care Services, Inc.; Metro Home Care ST: Kentucky, Virginia IN: HEA SU: TNM


JZ -- CH007 -- 3851 04/28/92 13:17 EDT
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Publication:PR Newswire
Date:Apr 28, 1992
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