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Future Healthcare of America (FUTU)

Future Healthcare of America's wholly-owned subsidiary, Interim Healthcare of Wyoming, Inc. (IHW), is an independent franchisee of Interim HealthCare. Interim provides a wide assortment of visiting nurse services to the elderly, wounded, and sick. It is one of the 300 independent home health agencies that make up the Interim HealthCare network. Future Healthcare of America is headquartered in Palm Beach, Florida. Its Interim Healthcare of Wyoming subsidiary is based in Casper, Wyoming, and Billings, Montana.

Future Healthcare of America's objective is to grow the company via acquisitions of healthcare businesses that can be positively impacted through operational efficiencies, easier access to growth capital, and effective implementation of technology. Its Interim HealthCare subsidiary is the nation's oldest leading home care and medical staffing company.

Future Healthcare of America's business consists of providing healthcare services for those in need. The company records all revenue and expenses and provides all services under one umbrella. Future Healthcare of America continues to work to build a strong business that will offer a complementary package of new technology and traditional services.

Interim HealthCare's independent franchisees employ greater than 75,000 health care workers. It provides nurses, therapists, aides, and other health care personnel. IHW provides home care services. This includes senior care and pediatric nursing; physical, occupational and speech therapy. It provides health care professionals at all skill levels. This includes registered nurses, therapists, LPN's, and certified home health aides.

Regarding Staffing, IHW offices provide nurses, nurse's aides and management services to hospitals, prisons, schools, corporations, and health care facilities. IHW works with its clients should they decide they would like to hire its service professional on a full time basis. In addition to its professional team, the company employs a management team at each facility to handle the daily direction of the office. This is provided by its Administrators. Furthermore, the company has a Director of Nursing in each location.

Future Healthcare of America's home healthcare business continues to be a major revenue generator as the nation's population ages and new methods of patient data capture become important elements for delivering high quality, affordable healthcare services in a patient's home.

Recently, Future Healthcare of America announced that it signed a non-binding Letter of Intent (LOI) to acquire F3 & Associates, Inc. F3 is a leading California-based provider of precision measurement, 3D visualization and data management services for critical, capital-intensive industrial assets including oil refineries, power plants and other high-traffic sites. Following the closing, the company's intention is to continue F3's asset intelligence and data management businesses, change its corporate name to F3, and replace at least a majority of the company's Board of Directors with F3 appointees.

Future Healthcare of America also plans to spin-off its current healthcare business to its shareholders of record immediately before the Share Exchange closing. This is an action that will result in the current Future Healthcare of America business becoming a separately traded public company.

 

 

 

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