Industry Note:
Troubled HHA Sells For Potential $3 Million Out Of Bankruptcy
Published on Fri Jun 17, 2016
Alliance Home Health Care in Indianapolis will buy troubled Nightingale Home Healthcare Inc. for up to $3 million, reports the Indianapolis Business Journal. Alliance will pay $1.5 million for the Carmel-based company that filed bankruptcy last December, and will pay up to $1.5 million more based on ongoing revenues, according to the newspaper. Last month, Nightingale lost an administrative law [...]