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Microcap & Penny Stocks : Coram (CRH)--has the turnaround begun

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To: leigh aulper who wrote ()6/7/1999 8:12:00 AM
From: leigh aulper   of 85
 
Business Editors/Health Writers

DENVER--(BW HealthWire)--June 7, 1999--Coram Healthcare
(NYSE:CRH), a leading national provider of home infusion therapies,
today announced that its Plymouth, Mich., branch has been accredited
with Commendation by the Joint Commission of Accreditation of
Healthcare Organizations (JCAHO).
Commendation is the top level of accreditation awarded by JCAHO,
the nation's oldest and largest accrediting body for health care
organizations.
Oakbrook Terrace, Ill.-based JCAHO, founded in 1951, is dedicated
to improving the quality of healthcare nationwide through voluntary
accreditation. JCAHO conducted on-site surveys of the Plymouth branch
in March of 1999.
Coram offers a broad range of home care services consisting of
high-tech infusion therapies, nursing and home medical equipment. The
home infusion therapies include, among others, total parenteral
nutrition and nutrition support, pain management and antibiotic
treatments. In addition, Coram's specialty infusion focus encompasses
therapies and services to pre- and post-transplant patients as well as
to those with HIV/AIDS and chronic disorders.
The Plymouth branch is located at 45801 Mast Street. From this
location, Coram services patients residing in Plymouth, Detroit,
Southfield, Pontiac, Monroe, Ann Arbor, Port Huron and Troy.
Coram has a strong presence in Michigan with three locations
throughout the state. In addition to the Plymouth location, Coram has
one branch in Grand Rapids and one in Lansing.
Bruce Harper, Coram's area vice president-operations-Midwest,
commented on the recent accreditation: "We are all gratified to have
received this designation from JCAHO. The nearly 100 employees in the
Plymouth branch work extremely hard every day to consistently deliver
quality, cost-effective care and clinical expertise to our patients.
This accreditation with Commendation is very rewarding for all of us,
and we appreciate JCAHO's confidence and support."
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