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QUANTUM HEALTH RESOURCES REPORTS DETAILS OF PREVIOUSLY REPORTED THIRD QUARTER AND NINE MONTH 1992 EARNINGS, SETTLEMENT OF LITIGATION

 QUANTUM HEALTH RESOURCES REPORTS DETAILS OF PREVIOUSLY REPORTED THIRD QUARTER AND NINE MONTH 1992 EARNINGS, SETTLEMENT OF LITIGATION
 ORANGE, Calif., Nov. 4 /PRNewswire/ -- Quantum Health Resources Inc. (NASDAQ: QHRI) today filed its Form 10-Q detailing the company's record operating results for the quarter and nine months ended Sept. 30, 1992.
 Total revenues during the third quarter of 1992 amounted to $31,431,500, up 43 percent from $21,979,300 reported for the third quarter of 1991. Net income for the period climbed 62 percent to $2,743,200, or $0.20 per share, up from $1,693,800, or $0.13 per share, for the same quarter a year ago.
 For the nine months ended Sept. 30, 1992, total revenues were $83,468,300, compared with $57,262,000 for the 1991 period -- a 46 percent increase. Net income for the period was $7,281,800, or $0.53 per share, vs. $3,633,000, or $0.30 per share in 1991. Quarter and year-to-date results for 1991 have been restated to account for the April 30, 1992, acquisition of Factor Care Plus Inc. as a pooling of interests.
 Douglas H. Stickney, chairman, chief executive officer and president, commented on the company's results, saying, "Quantum's financial performance continues to be strong. We see continuing strength in the chronic disorder markets we serve and in our unique approach to those markets. Our growth over prior periods is mainly attributable to greater demands for Quantum's protein replacement therapies for patients affected by hemophilia, alpha(1)-antitrypsin deficiency and primary immunodeficiency diseases, in conjunction with improving operating efficiencies at our branches," Stickney said. "With an extremely strong balance sheet featuring over $34 million in cash and no debt, we are actively exploring new chronic disorders which fit our Chronicare(TM) service model."
 In addition, the company announced that it has fully settled litigation brought against Quantum and certain of its officers, directors, employees and others in April 1991 by Caremark Inc., a subsidiary of Baxter International Inc. In the lawsuit, Caremark had alleged various causes of action relating to or associated with non- competition agreements between Caremark and certain founders of the company as well as instances of unfair competition. The company had filed a cross-complaint against Caremark for unfair competition.
 Although Quantum believes that it has meritorious defenses to Caremark's claims, the company's board of directors determined that it was in the best interests of Quantum and its stockholders to settle such litigation because, in the company's judgment, the estimated legal expense and devotion of management time required to ultimately resolve the litigation at trial and through any appeals exceeded the cost to Quantum of the settlement. The parties expressly deny liability to each other.
 The company's share of the settlement is $1.85 million, which will result in a one-time after-tax charge of approximately $1.1 million, or $.08 per share, to Quantum's net income for the fourth quarter of 1992. The company stated that its settlement payment will not have a materially adverse effect on its present financial position.
 Commenting on the issue, Stickney stated, "Notwithstanding the company's strong belief that it would prevail, issues such as these must be dealt with as business decisions. We believe Quantum and its stockholders are better served by concluding this matter and thereby freeing management to concentrate on Quantum's exceptionally promising future -- unencumbered by the time and expense of continued litigation."
 Quantum Health Resources Inc. is a national provider of therapies and support services to individuals affected by certain long-term chronic disorders requiring lifelong therapy. Quantum's Chronicare service is designed to provide therapies and services that enable patients and their families to manage the patient's condition with greater independence, address psychosocial issues related to the disorder and manage the financial burden of the cost of care.
 QUANTUM HEALTH RESOURCES INC. AND SUBSIDIARIES
 Summary Statement of Income
 (Unaudited)
 Three Months Ended Nine Months Ended
 9/30/92 9/30/91 9/30/92 9/30/91
 (Restated) (Restated)
 Revenues $31,431,500 $21,979,300 $83,468,300 $57,262,000
 Operating
 income 4,149,400 2,332,400 10,716,800 5,412,400
 Net income $2,743,200 $1,693,800 $7,281,800 $3,633,000
 Earnings per
 share $0.20 $0.13 $0.53 $0.30
 Weighted
 average shares
 outstanding 13,852,000 13,518,000 13,800,000 12,194,000
 QUANTUM HEALTH RESOURCES INC. AND SUBSIDIARIES
 Selected Balance Sheet Items
 9/30/92 12/31/91
 (Unaudited) (Restated)(a)
 Current assets $73,061,400 $62,952,400
 Total assets 77,034,000 65,926,400
 Liabilities 12,395,900 13,707,600
 Stockholders' equity $64,638,100 $52,218,800
 (a) Restated to account for the April 30, 1992, acquisition of Factor Care Plus Inc. as a pooling of interests.
 -0- 11/4/92
 /CONTACT: Douglas H. Stickney, chairman, CEO and president, or William James Nicol, senior VP and CFO, of Quantum Health Resources, 714-750-1610; or Gary Strong or Kathy Brunson of Financial Relations Board, 312-266-7800, for Quantum Health Resources/
 (QHRI) CO: Quantum Health Resources Inc. ST: California IN: HEA SU: ERN


JB-LS -- LA006 -- 2292 11/04/92 08:01 EST
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