$GVHIB: NEWS! Global Vision Holdings, Inc. has sig
Post# of 103079
IRVINE, Calif., Oct. 12, 2016 (GLOBE NEWSWIRE) -- Global Vision Holdings, Inc. (OTCQB:GVHIB), has signed a Letter of Intent, after extensive due diligence, for the acquisition of North Delta Hospice and Palliative Services, LLC (NDHP); a Form 8-K has been filed to that effect.
NDHP is the only in-patient care facility located in northern Mississippi. Standing for quality care, the company provides services to patients living with terminal illness. Amenities include social, adult day care, chaplain, volunteer, personal care, therapy, bereavement and counseling, and skilled nursing services to all clients. Averaging 1500 patients and 150 admissions monthly, NDHP is a long-standing company that has achieved success and growth through excellent health care services. Also, operates multiple moratorium licenses in the state of Mississippi. All medical equipment needs are in-house through its own division, offering a cost effective alternative to contracting out. Having an additional state waiver program license with no active census gives them a competitive edge in the industry.
Glen Carnes, CEO of Global Vision Holdings, Inc. says, “North Delta Hospice and Palliative Services will be the start of our long-term growth strategy into the Healthcare Industry. I am extremely excited to acquire NDHP as a new subsidiary under the Global Vision brand. This acquisition will play a pivotal role in the long-term strategic growth strategy of 2-4 healthcare acquisitions per year."
Global Vision Holdings Inc. will continue to inform you of business developments, with mergers and acquisitions, as they arise.
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