Burbank, CA November 4, 2008 -- Healthcare of Today, Inc ("Healthcare of Today"), a California-based holding company, has revealed an aggressive series of acquisitions made during the past month. Named among the new holdings are Artisan Operating, LP ("Artisan"), Angels Holding Corporation, Northwood's College, Caring Nurses Educational Institute, Northwood's Culinary Institute, Cookie Depot, Northwood's Village Assisted Living, Northwood's Village Development Company and Universal Building Maintenance.
Healthcare of Today has also acquired a 90,000 sq. ft. facility in the City of Tomahawk, Wisconsin. Formerly Sacred Heart Hospital, the site will be the future home of Northwood's Village Assisted Living and Northwood's College (comprised of Caring Nurses Educational Institute and Northwood's Culinary Institute).
Healthcare of Today President and CEO Henry Jan expressed enthusiasm about the recent acquisitions, citing Artisan as an example of the success of the company's vertical integration model. Artisan is a real estate developer based in Texas. Jan says, "Artisan will take a significant role in developing and expanding Healthcare of Today's unique brand of senior communities, assisted living facilities, skilled nursing facilities, and nursing campuses."
Healthcare of Today, formed in May of 2008, is a holding company focused on acquiring and developing companies primarily within the healthcare industry. Through its subsidiaries, Healthcare of Today owns a variety of businesses including: nurse staffing, insurance, pharmaceuticals, residential care facilities for the elderly, home healthcare services, home care services, real estate brokerage/relocation services, adult daycare, a private chef network, a culinary institute, healthcare information technology, and nurse education.
The company has announced its intention to file its Initial Public Offering (IPO) with the Securities and Exchange Commission ("SEC") in the Fall of 2008.
This announcement is not an offer to sell any Healthcare of Today securities. Offers for any given security are made only through applicable offering circulars and related supplements filed with the SEC pursuant to Section 13(a), 13(c) or 14 of the Securities Exchange Act of 1934.
Healthcare of Today press releases sometimes contain forward-looking statements. A description of factors that could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements will be found in the company's Registration Statement to be filed with the SEC.
For more information about this release or Healthcare of Today, Inc., please contact:
Lilly Ghahremani, JD
lilly @ healthcareoftoday.com