Showing posts with label Create. Show all posts
Showing posts with label Create. Show all posts

Tuesday, April 24, 2012

Baby Boomers Create Huge Opportunity for Home Health International

VERO BEACH, FL--(Marketwire -04/23/12)- Home Health International, Inc. (Pinksheets: HHII.PK - News) is well positioned to capitalize on the opportunity the baby boomers present for home health and care giving services. Seniors are now the fastest growing population in the U.S. According to estimates from AARP (American Association of Retired People), the first wave of the nation's 76 million baby boomers are reaching the age of 65 at the rate of about 7,000 per day. Naturally, this has created a demand for health services of all types, especially home health care services.

The number of consumers eligible to receive Medicare, and mostly likely to require home health care services, is projected to increase annually and is expected to comprise 19% of the population by 2030. In addition, the baby boomers prefer to receive home health care as opposed to hospital-based services whenever possible.

Home Health International in addition to offering home health care services, plans to launch a full suite of care giving services including light housekeeping, cooking and personal care. With the trend shift to personal fitness and wellness, the Company is also researching this sector to add to its portfolio of home care services. Industry experts agree that the baby boomers, with collective wealth of over $7 trillion, spend more on health care than their parents did and are willing to pay for services that improve their quality of life.

To learn more about Home Health International, please visit http://www.homehealthintl.com.

About Home Health International Inc.
Home Health International Inc. was incorporated in the State of Nevada on September 13, 2006. The Company was formerly known as Micro Mammoth Solutions, Inc. and operated as such until January 25, 2010. On January 26, 2010, the Board of Directors of the Company approved a Stock Purchase Agreement between the Company and all of the shareholders of Atlas Capital Partners, LLC. Following the acquisition of Atlas Capital Partners the shareholders approved an amendment to the Company's Articles of Incorporation changing the Company's name from Micro Mammoth Solutions, Inc. to Atlas Capital Holdings, Inc. The Company received shareholder and board approval to amend its Articles of Incorporation to change its name to Home Health International Inc. This change was approved by FINRA and became effective on March 26, 2012.

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Home Health International Inc. undertakes no obligation to update such statements.


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Wednesday, January 25, 2012

HEALTH CARE: Jobs Will Be Hard to Create

In an address that barely mentions health care, President Obama hits on the message heard repeatedly from the health care industry: If you want more jobs, don’t cut off federal funding.

Obama implores Congress not to “gut” investments in research, so American can maintain its spot as a world leader in medical innovation. That line will earn applause from the pharmaceutical and medical device industries, but it won’t be enough to deliver a health care economy that delivers a “fair shot” to everyone.

The president held out the continued possibility of saving health care costs with Medicare reform. "As I told the speaker this summer, I’m prepared to make more reforms that rein in the long term costs of Medicare and Medicaid, and strengthen Social Security, so long as those programs remain a guarantee of security for seniors," Obama said. "But in return, we need to change our tax code so that people like me, and an awful lot of members of Congress, pay our fair share of taxes. Tax reform should follow the 'Buffett Rule':  If you make more than $1 million a year, you should not pay less than 30 percent in taxes."

And he rebutted Republican accusations that his signature 2010 health reform law amounts to socialized medicine. "I’m a Democrat. But I believe what Republican Abraham Lincoln believed: That government should do for people only what they cannot do better by themselves, and no more," he said. "That’s why our health care law relies on a reformed private market, not a government program."

Obama makes it clear that he sees the giant health care sector as a place ripe for jobs growth. The American Association of Medical Colleges projects a shortage of 90,000 doctors over the next 10 years. It’s more than double that for the nursing industry, where the American Nursing Association sees a potential shortage of 260,000 nurses by 2025. These shortfalls will only be worsened as an additional 30 million people get health insurance under the 2010 health reform law.

But a national workforce commission established under the health care law has been chronically underfunded by Congress. The training programs that will be needed to fix these shortages have a slim to little chance of getting any funds. Appropriators have no room to give precious federal dollars to new programs while they are slashing old sacred cows in the austere spending environment that has reigned on Capitol Hill since Republicans took the House in 2011.

And while investments in research are nice, what medical device companies want even more is for Congress to take back a $20 billion tax it imposed on the industry to help cover the cost of the health reform law. Stephen Ubl, president of Advamed, a medical device lobbying association, says the tax is already causing layoffs.

Obama doesn’t get a break from hospitals either. The American Hospital Association says a coming 2 percent cut to Medicare and other cuts will cost them 278,000 jobs as revenue drops from Medicare and Medicaid. In the health care world, federal funds are the spigot for job creation, and no State of the Union speech is going to change the spending environment on Capitol Hill.


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