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Almost Family Inc (AFAM.O)

AFAM.O on Nasdaq

39.85USD
7 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Almost family announces $350 million credit facility receipt of regulatory approvals for acquisition
Tuesday, 6 Dec 2016 07:30am EST 

Almost Family Inc : Almost family announces $350 million credit facility receipt of regulatory approvals for acquisition . Almost Family Inc says has entered into a new five-year $350 million revolving credit facility that increases its financial flexibility through 2021 . Almost Family Inc says facility replaces company's previous $175 million credit facility . Almost Family Inc says facility includes an accordion feature which permits expansion up to $500 million . Almost Family says cleared regulatory approvals for agreement to buy controlling interest in some assets of Community Health Systems .Almost Family says expects to close CHS joint venture transaction on December 30, 2016, with transfer of control of operations to co on Dec 31, 2016.  Full Article

Almost Family reports third quarter 2016 results
Tuesday, 1 Nov 2016 06:00pm EDT 

Almost Family Inc : Almost Family Inc - Change in company's expected effective tax rate recognized in current quarter increased diluted EPS by $0.02 . Almost Family Inc qtrly net service revenues $160.4 million versus $131.2 million . Qtrly adjusted earnings per share $0.66 . Almost family reports third quarter 2016 results . Q3 GAAP earnings per share $0.52 .Q3 earnings per share view $0.59 -- Thomson Reuters I/B/E/S.  Full Article

Almost Family - Executes a debt commitment letter in form of a new senior secured term loan facility
Monday, 17 Oct 2016 07:20am EDT 

Almost Family Inc :Almost Family Inc - on Oct 14, co executed a debt commitment letter in form of a new senior secured term loan facility of up to $130 million.  Full Article

Almost Family Q2 earnings per share $0.46
Wednesday, 3 Aug 2016 07:30am EDT 

Almost Family Inc : Q2 GAAP earnings per share $0.46 . Almost family reports second quarter 2016 results . Q2 earnings per share view $0.64 -- Thomson Reuters I/B/E/S .Qtrly net revenues increased $12.9 million to $110.7 million.  Full Article

Almost family says Home Health Entry into Wisconsin
Wednesday, 25 May 2016 08:30am EDT 

Almost Family Inc : Almost family announces Home Health Entry into the state of Wisconsin . Annualized revenues of $15 million are expected to be generated across 8 branches in Wisconsin . Terms of transaction were not disclosed .Entered into transaction for entry into state of Wisconsin through acquisition of certain Home Health Agency assets from Rescare Inc.  Full Article

Almost Family Inc announces strategic acquisition of Nursing Assessment Company and NJ HHA
Tuesday, 5 Jan 2016 09:15am EST 

Almost Family Inc:Has acquired Natick, Massachusetts based Long Term Solutions Inc.  Full Article

Almost Family Inc announces agreement to acquire Bayonne vna home health agency in Hudson county, nj
Tuesday, 29 Sep 2015 09:00am EDT 

Almost Family Inc:Announces agreement to acquire Bayonne vna home health agency in Hudson county, nj.Says terms of the transaction were not disclosed.Says to acquire the assets of the medicare-certified home health agency owned by Bayonne visiting nurse association.  Full Article

Almost Family Inc completes acquisition of Willcare Health Care
Monday, 31 Aug 2015 09:15am EDT 

Almost Family Inc:Announced that it has completed the previously announced acquisition of the stock of Willcare Health Care (Willcare). With this acquisition, Almost Family will operate over 230 branches across 15 states and its annual net revenue run rate is expected to approach the $600 million mark.  Full Article

Almost Family Inc entered into an agreement and plan of merger - Form 8-K
Tuesday, 28 Jul 2015 11:40am EDT 

Almost Family Inc:Company and its wholly-owned subsidiary, Afam Acquisition Inc. entered into an agreement and plan of merger with Ingenios Health Holdings Inc and LLM Capital Partners LLC.Under agreement and plan of merger, company issued shares of company’s common stock, par value $0.10 per share, to nine Ingenios stockholders in connection with the acquisition of Ingenios through the merger of AFAM Acquisition, Inc. with and into Ingenios.Says company acquired 100 pct of equity of Ingenios for 259,334 shares of common stock, plus $2 mln in cash.  Full Article

Almost Family Inc. signs definitive agreement to acquire WillCare HealthCare
Wednesday, 25 Feb 2015 09:00am EST 

Almost Family Inc:Signs definitive agreement to acquire the stock of WillCare HealthCare (WillCare).With this acquisition, Almost Family will operate over 230 branches across 15 states and its annual net revenue run rate is expected to approach the $600 million mark.The total purchase price for the stock is expected to range from $46 million to $53 million based on earnings prior to closing and subject to a working capital adjustment.The transaction will be funded from Almost Family's recently announced new $175 million senior secured revolving credit facility.Almost Family expects to close the Ohio portion of the transaction in early March.Subject to customary closing conditions and New York regulatory approval, the balance is expected to close in the second half of 2015.Company will fund $3 million of the purchase price with the Ohio closing and the balance on closing of the New York and Connecticut operations.The acquisition is expected to be accretive to EPS in 2015.  Full Article

BRIEF-Almost Family reports third quarter 2016 results

* Almost Family Inc - Change in company's expected effective tax rate recognized in current quarter increased diluted EPS by $0.02