This represents an increase of $1,609
,283 or 40. Gross profit represented
38% of total revenues. In addition, the Sun Healthcare Group
family of companies provides
therapy through SunDance Rehabilitation Corporation, medical staffing
through CareerStaff Unlimited, Inc.
Statements made in this release that are not historical
facts, including
our estimates regarding financial performance in 2005, are
"forward-looking"
statements (as defined in the Private Securities
Litigation Reform Act of 1995) that involve risks
and uncertainties and are
subject to change at any time.
nursing health
ProCare One provides temporary, travel and
permanent employment opportunities for nursing professionals. We caution investors that any forward
-looking statements made by
us are not guarantees of future performance.sciences audiology
The growth in revenues was
driven by a significant
increase in both of the Company's main business lines." stated Mr. "I would
like
to thank all of our employees who have worked hard to deliver the growth plan
and develop
a more robust business model upon which we can base our future
growth. Its
primary clients are
Great Britain's National Health Service (NHS) and the
private Nursing Home Industry.
Contact:
Mr.com
The statements contained in this news release that are not historical
facts may
be statements regarding the Company's future that involve risks and
uncertainties which could cause
actual results to differ materially from those
currently anticipated.m.
The new council will
identify education, training and community needs that
impact health care, develop strategies to seek
and secure financial, human and
technological resources to support the strategic direction of Tri
-C's Medical
Education Programs and collaborate on marketing and recruitment efforts for
the 30
health education programs offered at the college.
Opened in 1963, Cuyahoga Community College
is Ohio's first community
college and now the state's largest, serving 55,000 students each year
. More
than 700,000 county residents have come through Tri-C's doors.PRESS RELEASE CareerStaff Unlimited
Subsidiary of Sun Healthcare Group Inc. Acquires ProCare One Nurses LLC
Richard
Peranton
, president of CareerStaff Unlimited, Inc. "This acquisition of a nurse staffing
business places CareerStaff
in alignment with the company strategic plan
for growth by acquisition, as ProCare One is the third
acquisition we have
made since April of this year," Peranton said., home care through SunPlus Home
Health
Services, Inc.medicine physician
Gross profits increased to $2,129,973 in fiscal 2004, representing an
increase of $502,674 from $1,627,299 in fiscal 2003. David Francis, True Health's CEO.com, is a full
service specialist, medical
equipment and medical professional supplier to the healthcare industry
. Patricia
Gray, Vice President of Medical Education Programs at Tri-C. The purchase price was $8
.0 million.professional health
(OTC Bulletin Board: TRHE), a leader in healthcare pressure relieving systems
and recruitment
, today announced record revenues for the fiscal year ended
January 31, 2005 ("Fiscal 2004"). David
Francis, True Health Inc.
The first meeting will take place on Monday, February 7 at 8 a. Courses
are
offered at three Cuyahoga County campus locations, many off-campus sites, and
via television
and the Internet. (NASDAQ: SUNH) today
announced the acquisition by CareerStaff Unlimited, Inc. More
information on factors that could affect our business and
financial results are included in our public
filings made with the
Securities and Exchange Commission, including our Annual Report on Form
10
-K and Quarterly Reports on Form 10-Q, copies of which are available at
Sun's web site, www.com.work assistant
,
+44(0)20 8658 9575,
dfrancis@westmeria.3
million, of which $4. The acquisition enables CareerStaff
to
recruit and place additional therapists and nurses for ProCare One's
established hospital clients
.
About Sun Healthcare Group, Inc.
occupational health
The branded products are manufactured and licensed
for the company in
Germany, Belgium and Taiwan.professional audiology
Its core business is supplying
proprietary branded
specialist pressure relieving equipment for the healthcare
sector. Recruiting and providing highly
qualified
professionals to healthcare facilities throughout the nation are top
priorities for
the CareerStaff organization."
Sun's Home page
CareerStaff offers numerous options for a variety of healthcare
professionals
and facilities. We disclaim any obligation to
update any such factors or to announce publicly the
results of any
revisions to any of the forward-looking statements to reflect future events
or
developments.social professions
For example, statements that describe the Company's
hopes, plans, objectives, goals
, intentions or expectations are all forward
looking statements. Representatives from Organizations
including Cleveland Clinic, University
Hospitals, Medical Mutual, QualChoice, Visiting Nurses Association
, Parma
Community General Hospital and City of Cleveland Health Department to Provide
Leadership
and Strategic Direction for Tri-C's Medical Education Programs
CLEVELAND, A new advisory
council with
representatives from the region's hospitals, healthcare facilities and
community
organizations has formed to serve as an active partner and resource
to Cuyahoga Community College
's Medical Education Programs. Currently, Tri-C offers more than 30 health career programs including
short-term awards, certificates, and associates degree. The college
offers two-year associate
's degrees, certificate programs, and the first two
years of a baccalaureate degree.nursing occupational
In addition,
many
professionals return to Tri-C to take continuing education classes needed to
maintain licensure
. CareerStaff already has a strong presence in the therapy
and pharmacy temporary business, as well
as being a full-service provider
for healthcare facilities, permanent placement and physician recruitment
needs. These forward-looking statements may
include, but are not limited to, statements containing
words such as
"anticipate," "believe," "plan," "estimate," "expect," "hope," "intend,"
"may" and
similar expressions.professional medical
"I am delighted to report continued growth in revenues for both of our
main
businesses, driven by our desire to expand into new product and
geographic areas.science work
True Health
, through its wholly owned subsidiary, Westmeria Health Care
Limited, http://www. True Health delivers
recruitment services to
the NHS and government agencies; specializing in the provision of social
care
workers, locum radiographers and nurses. Numerous factors, many of
which are beyond the Company
's control, may affect actual results.Cuyahoga Community College Announces Formation of Medical Advisory
Council to Help Address Demand for Health Care Employees
In response to the increasing need
for nurses, the nursing curriculum
alone has evolved to offer both day and modified evening programs
, a web based
program which started this spring, and on site classes at Parma Community
General
Hospital.
This council will continue to address the growing demand for healthcare
workers
while assisting the college to develop programs and curriculum
practical to the ever-changing and
emerging areas in the health care field.1 million is
payable over three years pursuant to two promissory
notes.
Sun Healthcare Group, Inc.
The forward-looking statements involve known and unknown
risks,
uncertainties and other factors that are, in some cases, beyond our
control.workers assistant
True Health
Announces Record Revenues of $5 601 287 in Fiscal 2004
3% on revenues of
$3,992,004 in fiscal
2003. The Company
undertakes no obligation to publicly update such forward-looking statements to
reflect subsequent events or circumstances. The council will
provide leadership and strategic
direction for the education and training of
the emerging and incumbent health care workforce. at
Tri-
C's Metropolitan Campus on the second floor of the Student Center Building at
2900 Community
College Avenue in Cleveland.
Tri-C is constantly working to improve the curriculum and course
offerings
to accommodate the ever-demanding increase for professionals in the healthcare
field
. The acquisition elevates CareerStaff's competitive position within
the healthcare staffing arena
.resources occupational
"
About True Health, Inc. Student enrollment in Tri-C's nursing programs has
increased
by 42 percent in the last three academic years. ProCare One was
profitable in 2004 and had revenues
in 2004 of approximately $18., said, "This acquisition
positions and strengthens CareerStaff in the
temporary nurse staffing
business arena., with executive offices located in Irvine,
California
, owns SunBridge Healthcare Corporation and other affiliated
companies that operate long-term and
postacute care facilities in many
states.professional sciences
- Revenues grow by 40% over fiscal 2003
BECKENHAM, England, True Health, Inc.westmeria.
"We are looking forward to working
with the healthcare leadership of
northeast Ohio to find creative solutions to the current and projected
workforce shortages. We anticipate that creating strategic partnerships with
these important organizations
will produce positive outcomes for our students,
the College, the healthcare industry and the community
," says Dr.
Current in-demand programs include physical and occupational therapy
assisting
, health information management, nursing assistant, dietary
technology, massotherapy and physician
assistant., a wholly owned
subsidiary of Sun, of ProCare One Nurses, LLC.employment transcription
Any such statements made
herein about the Company's future
are only made as of the date of this news release. The curriculum
includes nearly 1,000 credit
courses in 70 career and technical programs and liberal arts.sunh.medical resources
True Health gained
new clients and expanded in geographic reach and market share in both business
segments.
Sun financed the acquisition by amending its Loan Agreement with
CapitalSource
Finance LLC to increase Sun's borrowing base. Factors that could cause actual results to
differ are
identified in the public filings made by the company with the
Securities and Exchange Commission
and include changes in Medicare and
Medicaid reimbursements; potential liability for losses not covered
by, or
in excess of, our insurance; the effects of government regulations and
investigations;
our ability to generate cash flow sufficient to operate our
business; our ability to integrate the
operations of Peak Medical
Corporation when that acquisition is completed; increasing labor costs
and
the shortage of qualified healthcare personnel; and our ability to receive
increases in reimbursement
rates from government payors to cover increased
costs.work employment
Sun Healthcare Group, Inc
.2 million was paid at closing and $4.
ProCare One Nurses has operating locations in Santa Ana
, California, and
West Bloomfield, Michigan.professions medical
Medical recruitment
revenues increased by $890,688
to $3,553,212 in fiscal 2004 and medical
equipment revenues increased by $700,704 to $1,996,051.
, and medical laboratory and mobile radiology services
through SunAlliance Healthcare
Services, Inc.professions medical
The Company reported revenues of
$5,601,287.
The acquisition of ProCare One is
expected to be accretive to CareerStaff's
earnings.workers occupational
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