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HEALTHINFUSION ANNOUNCES YEAR END RESULTS

 HEALTHINFUSION ANNOUNCES YEAR END RESULTS
 MIAMI, Feb. 19 /PRNewswire/ -- HealthInfusion, Inc.


(NASDAQ-NMS: HINF) today announced revenues for the quarter ended Dec. 31, 1991 of $9,111,303 or a 184 percent increase over the 1990 results. Income from operations for the quarter ended Dec. 31, 1991 was $2,570,977 or a 124 percent increase over the same period in 1990. Earnings per common share on a split adjusted basis was $.16 for the quarter ended Dec. 31, 1991 compared to $.11 for the same period in 1990.
 Revenues for the year ended Dec. 31, 1991 were $28,603,123 or an increase of 175 percent over 1990 revenues for the same period. Income from operations for the year ended Dec. 31, 1991 was $7,239,810 or an increase of 98 percent compared with the same period in 1990. Earnings per share on a split adjusted basis for year ended Dec. 31, 1991 was $.51 or an increase of 28 percent over 1990 during the same period.
 In December 1991, HealthInfusion declared a 50 percent stock dividend to its shareholders. Also in December the company opened new facilities in Youngstown, Ohio and Egg Harbor, N.J. On Jan. 27, 1992 HealthInfusion announced the signing of an agreement to acquire Southwest Specialty Compounding, Inc. and Housecalls Home IV Therapy, Inc. of Phoenix, Ariz. Consummation of the merger agreement is contingent upon certain conditions, including completion of due diligence, receipt of audited financial statements and final approval of HealthInfusion's board of directors.
 Miles Gilman, president and CEO, stated, "HealthInfusion made significant progress during 1991. Balancing a strong internal rate of growth with strategic acquisitions, HealthInfusion has grown to become a national competitor in the home intravenous therapy industry. For the coming year our goals include building on this momentum while continuing our commitment of providing the highest quality health care."
 HealthInfusion provides home infusion therapy services and supplies to patients in their homes in 20 states from 17 regional facilities in Florida, Georgia, Illinois, Indiana, New York, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania and Texas.
 HEALTHINFUSION, INC.
 FINANCIAL HIGHLIGHTS
 RESULTS OF OPERATIONS
 Three Months Year
 Ended Dec. 31, Ending Dec. 31,
 1991 1990 1991 1990
 Revenues $9,111,303 $3,213,406 $28,603,123 10,388,451
 Cost of
 revenues 5,025,156 1,163,675 15,725,180 4,586,632
 Operating
 profit 4,086,147 2,049,731 12,877,943 5,801,819
 Operating
 expenses 1,515,170 903,502 5,638,133 2,150,059
 Income from
 operations 2,570,977 1,146,229 7,239,810 3,651,760
 Other, net (64,824) 55,834 (255,124) 91,334
 Income before
 income taxes
 and minority
 interest 2,506,153 1,202,063 6,984,686 3,743,094
 Provision for
 income taxes
 or pro forma
 provision to
 reflect income
 taxes (950,075) (392,669) (2,696,168)(1,356,375)
 Income before
 minority
 interest 1,556,078 809,394 4,288,518 2,386,719
 Minority
 interest (54,780) (97,671) (71,661) (102,635)
 Net income $1,501,298 $ 711,723 $4,216,857 $2,284,084
 Net earnings per
 common share --
 fully diluted $.16 $.11 $.51 $.40
 Weighted average
 shares
 outstanding 10,168,433 6,195,019 8,618,664 5,743,390
 FINANCIAL CONDITION
 Dec. 31, Dec. 31,
 1991 1990
 Cash and marketable securities $ 7,739,926 $ 5,381,510
 Total current assets 20,922,786 9,264,257
 Total assets 41,228,197 10,719,578
 Current liabilities 2,991,944 2,052,931
 Long term debt 7,073,061 205,552
 Stockholders' equity $30,732,684 $ 8,246,838
 -0- 2/19/92
 /CONTACT: Miles Gilman, president and CEO of HealthInfusion, 305-267-1177/
 (HINF) CO: HealthInfusion, Inc. ST: Florida IN: HEA SU: ERN


SS-AW-AK -- FL001 -- 0303 02/19/92 09:31 EST
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Date:Feb 19, 1992
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