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CURAFLEX HEALTH SERVICES SIGNS LETTER OF INTENT TO ACQUIRE REGIONAL INFUSION THERAPY CENTER

 CURAFLEX HEALTH SERVICES SIGNS LETTER OF INTENT TO ACQUIRE
 REGIONAL INFUSION THERAPY CENTER
 RANCHO CUCAMONGA, Calif., May 8 /PRNewswire/ -- Curaflex Health Services, Inc. (NASDAQ: CFLX), today announced the signing of a letter of intent to acquire the assets of Home Health Depot, a regional infusion therapy provider located in Kansas City, Mo.
 The acquisition is expected to close by June 30, 1992, the end of the second quarter. Terms of the proposed transaction were not disclosed.
 Charles A. Laverty, chairman, president and chief executive officer, commented: "Home Health Depot is a highly-regarded infusion therapy provider in the Midwestern region. Our agreement to acquire this company will enable Curaflex to strengthen our market position in the Midwest as well as leverage our existing business in the Kansas City area. In addition, this combination will benefit both companies since Home Health Depot's level of quality care, as well as its strong business ethics and philosophy, are very similar to the vision shared by all Curaflex employees."
 Curaflex Health Services, Inc., is a national provider of comprehensive infusion therapy and related services to patients in the home and alternative site environments. Its home infusion therapy operations include regional centers and satellite facilities strategically located in major U.S. markets. The company also provides infusion therapy as part of a broader program of clinical care, at disease-specific outpatient centers focusing on treatment of complex long-term diseases.
 -0- 5/8/92
 /CONTACT: June Filingeri or Robert Borchert, 212-986-5900, or Ken Dennard, 415-296-7383, all of Morgen-Walke Associates, for Curaflex/
 (CFLX) CO: Curaflex Health Services, Inc.; Home Health Depot ST: California, Missouri IN: HEA SU: TNM


GK-OS -- NY007 -- 7967 05/08/92 09:05 EDT
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Publication:PR Newswire
Date:May 8, 1992
Words:278
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