Almost Family Acquisition Aims to Bridge Home Care with ACOs

Home Care provider Almost Family (NASDAQ: AFAM) has made a strategic, $5.8 million investment in Imperium Health Management, a move the company says will provide entry into the accountable care organization space.  Through the investment, Almost Family has acquired a controlling interest in the health management company, which assists independent primary care physician practices in establishing […]

Almost Family Earnings Drop Upon Medicare Rebasing

Home care provider Almost Family (NASDAQ: AFAM) saw earnings drop in the quarter ended June 30 to $2.5 million, down 49% from $4.5 million recorded in the same period last year.  Despite the decrease in earnings, the company reported growth among its Visiting Nurse segment, marking 2% admissions growth and Medicare admission growth of 3%. […]

Almost Family Q4 Earnings Struck by Hurricane Sandy, Medicare Rate Cuts

Almost Family, Inc. (NASDAQ: AFAM) reported a net income for the fourth quarter ending December 31, 2012 of $3.7 million, or $0.40 per diluted share, down from the same period in 2011.  Net service revenues for the period were $86.6 million, a 3% decrease from the $89.3 million reported in the fourth quarter of 2011, […]