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STAR MULTI CARE SERVICES TO ACQUIRE TWO HEALTH CARE COMPANIES IN NEW YORK AND FLORIDA

 STAR MULTI CARE SERVICES TO ACQUIRE TWO HEALTH CARE COMPANIES
 IN NEW YORK AND FLORIDA
 BROOKLYN, N.Y., March 2 /PRNewswire/ -- Stephen Sternbach, president and CEO of Star Multi Care Services, Inc. (NASDAQ: SMCS), today reported the company has contracted to acquire the assets of New York headquartered Unity Care Services, Inc., for $500,000 in cash. Star has also contracted to acquire the assets of Unity Home Care of Florida, Inc., based in Miami, for $350,000.
 Sternbach said that both companies provide nursing and other skilled services as well as custodial care and that Unity Care Services, Inc., will be merged into Star Multi Care's existing home health care business.
 Unity Care Services, Inc., is in Chapter 11 proceedings and Unity Home Care of Florida is a non-debtor affiliate. The acquisitions are subject to approval by regulatory agencies including the New York State Department of Health and Department of Health and Rehabilitative Services of Florida as well as approval of the United States Bankruptcy Court, Southern District of New York, relating to the Unity Care Services, Inc., acquisition.
 The agreements to acquire Unity Care Services, Inc., and Unity Home Care of Florida, Inc., are independent of one another and neither is contingent upon the other.
 Star Multi Care Services, Inc., provides temporary health care personnel to hospitals and nursing homes and temporary health care personnel to patients in their own homes throughout the New York and New Jersey metropolitan area.
 -0- 3/2/92
 /CONTACT: Stephen Sternbach, president and CEO of Star Multi Care Services, 718-622-0100/
 (SMCS) CO: Star Multi Care Services, Inc.; Unity Care Services, Inc.;
 Unity Home Care of Florida, Inc. ST: New York, Florida IN: HEA SU: TNM


GK-SH -- NY021 -- 3844 03/02/92 10:22 EST
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Publication:PR Newswire
Date:Mar 2, 1992
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