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HEALTHINFUSION, INC. ANNOUNCES COMPLETION OF THE PREVIOUSLY ANNOUNCED ACQUISITION OF TWO ARIZONA INFUSION COMPANIES

 HEALTHINFUSION, INC. ANNOUNCES COMPLETION OF THE
 PREVIOUSLY ANNOUNCED ACQUISITION OF TWO ARIZONA INFUSION COMPANIES
 MIAMI, Fla., March 27 /PRNewswire/ -- HealthInfusion, Inc. (NASDAQ-NMS: HINF) today announced that it has completed the previously announced acquisition of Southwest Specialty Compounding, Inc. and Housecalls Home IV Therapy, Inc. of Phoenix, Arizona.
 Southwest Specialty Compounding, Inc. and Housecalls IV Therapy, Inc. provide home infusion therapies in the metropolitan area of Phoenix. Revenues for 1991 were approximately $5 million. Terms of the agreement were not disclosed.
 Miles Gilman, President and CEO, stated: "This transaction continues HealthInfusion's strong growth momentum. HealthInfusion continues to expand by combining a strong internal growth rate with the strategic acquisition of quality home infusion therapy providers. With this Arizona acquisition and the Company's previously announced March 1992 acquisitions of California and New Jersey providers, HealthInfusion has achieved a national presence. We anticipate that these acquisitions will be additive to earnings."
 HealthInfusion provides home infusion therapy services and supplies to patients in their homes in 24 states from 25 regional facilities in Arizona, California, Florida, Georgia, Illinois, Indiana, Maryland, New York, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania and Texas.
 -0- 3/27/92
 /CONTACT: Miles Gilman, President and CEO, HealthInfusion, Inc., 305-267-1177/
 (HINF) CO: HealthInfusion, Inc.; Southwest Specialty Compounding, Inc.;
 Housecalls Home IV Therapy, Inc. ST: Florida, Arizona IN: HEA SU: TNM


JZ -- FL002 -- 2252 03/27/92 08:54 EST
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Publication:PR Newswire
Date:Mar 27, 1992
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