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Joint Venture

Background: Morton Plant Mease (MPM) and ABC Homecare St. Petersburg Branch have had preliminary discussions over the past two years regarding a potential partnership along the west coast of Florida. Morton Plant Mease currently offers Private Duty Nursing, Medicare Nursing, Home Infusion, Respiratory Therapy, and DME. ABC Homecare provides Infusion services with plans to offer Respiratory Therapy services during the second quarter of 1996. Since discussion were initiated, Colimbia/HCA Healthcare has entered into the homecare market and has signed an agreement with Apria, Inc. for homecare services in the Tampa market. Homecare services began under this agreement in December, 1995. It is believed that consolidating MPM’s and ABC’s ho

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