Priority Healthcare Completes Acquisition of Integrity Healthcare Services
July 06 2004 - 7:00AM
PR Newswire (US)
Priority Healthcare Completes Acquisition of Integrity Healthcare
Services LAKE MARY, Fla., July 6 /PRNewswire-FirstCall/ -- Priority
Healthcare Corporation (NASDAQ:PHCC) announced today that it has
closed the acquisition of Integrity Healthcare Services, a
specialty infusion pharmacy with 23 branches in 16 states. "We are
excited about our acquisition of Integrity Healthcare," said Steve
Cosler, President and Chief Executive Officer of Priority
Healthcare. "In addition, we are pleased with the positive response
we have received about the transaction from several of our key
payor, physician and manufacturer customers." About Integrity
Healthcare Services Integrity Healthcare Services is a specialty
infusion company headquartered in Louisville, KY with 23 branches
in 16 states in the Midwest and Southern areas of the United
States. Integrity Healthcare provides comprehensive programs for
patients, payors, and physicians across a number of disease states
and conditions including cancer, growth deficiency, hepatitis C,
RSV, infections, nutrition deficiency, autoimmune diseases,
neurologic disorders, and respiratory and cardiac conditions.
Additional information on Integrity Healthcare Services is
available at http://www.integrityhealthcare.com/ . About Priority
Healthcare Corporation Priority Healthcare Corporation is a
national specialty pharmacy and distributor that provides
biopharmaceuticals, complex therapies, and related disease
treatment services. Priority Healthcare provides comprehensive
programs for patients, payors, physicians, and pharmaceutical
manufacturers for a growing number of disease states including
cancer, hepatitis C, respiratory and pulmonary conditions,
infertility, rheumatoid arthritis, hemophilia, multiple sclerosis,
Parkinson's disease, and macular degeneration. Additional
information regarding Priority Healthcare is available online at
http://www.priorityhealthcare.com/ . Certain statements included in
this press release, which are not historical facts, are
forward-looking statements. Such forward-looking statements are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements represent our expectations or beliefs and involve
certain risks and uncertainties, including those described in our
public filings with the United States Securities and Exchange
Commission; also including, but not limited to, changes in interest
rates, competitive pressures, changes in customer mix, changes in
third party reimbursement rates, financial stability of major
customers, changes in government regulations or the interpretation
of these regulations, changes in supplier relationships, growth
opportunities, cost savings, revenue enhancements, synergies and
other benefits anticipated from acquisition transactions,
difficulties relative to integrating acquired businesses, the
accounting and tax treatment of acquisitions, and asserted and
unasserted claims, which could cause actual results to differ from
those in the forward-looking statements. The forward-looking
statements by their nature involve substantial risks and
uncertainties, certain of which are beyond our control, and actual
results may differ materially depending on a variety of important
factors. You are cautioned not to place undue reliance on these
forward-looking statements that speak only as of the date herein.
http://www.newscom.com/cgi-bin/prnh/20030417/PHCLOGODATASOURCE:
Priority Healthcare Corporation CONTACT: Stephen Saft, Chief
Financial Officer of Priority Healthcare Corporation,
+1-407-804-6700 Web site: http://www.priorityhealthcare.com/
http://www.integrityhealthcare.com/
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