Founded in 2012, Future Healthcare of America, a Wyoming corporation, provides
services in the Healthcare Industry through its wholly-owned subsidiary Future
Healthcare Services Corp., a Wyoming corporation (“FHS”), and Interim
Healthcare of Wyoming, Inc., a Wyoming corporation (“Interim") that
is a wholly-owned operating subsidiary of FHS. FHA’s consolidated financial
statements include the financial statements of FHS and Interim. FHA’s
core focus is on our Healthcare business, which consists of home health services
and staffing in the Western part of the United States.
Based in Casper, Wyoming, and Billings, Montana, FHS’s wholly-owned operating
subsidiary, Interim, is an independent franchisee of Interim HealthCare that
has been serving its community for over 20 years and is part of the home health
segment of the healthcare industry, providing a wide range of visiting nurse
services to the elderly, wounded and sick. It is one of the 300 independent
home health agencies that comprise the Interim HealthCare network. Our business
consists of providing healthcare services for those in need. We record all revenue
and expenses and provide all services under one umbrella. Below is a description
of our Home Healthcare and Staffing operations.
Through trained health care professionals, the Company provides home care services
including senior care and pediatric nursing; physical, occupational and speech
therapy. The Company offices deliver quality home care and treat each patient
with genuine, compassion, kindness and respect. The Company provides health
care professionals at all skill levels, including registered nurses, therapists,
LPNs and certified home health aides. FHA derives is revenue from multiple
payer sources. These include Medicare, Medicaid, Insurance, Medicaid LTW, and
Private Payers. Because our officers are located in areas that do not contain
a large population base (less than 200,000 residents), we continually explore
opportunities to increase our revenue with our current payer sources and expand
through new sources of revenue. The healthcare team is utilized across all payer
sources, including staffing services. Our customer base comes from referrals
from hospitals, rehab facilities, nursing homes, assisted living facilities
and previous patients.
In additional to our professional team, we employ a management team at each
facility to handle the day to day operations of the office. This is completed
by our Administrators in each location. We also have a Director of Nursing in
each location. This person is responsible for the day to day oversight of the
service providers and ensuring the certified professionals obtain the necessary
training to maintain their certificates as well as the training necessary to
be in compliance with all regulating organizations.
Interim offices provide nurses, nurse aides and management services to hospitals,
prisons, schools, corporations and other health care facilities. Interim’s
success is based on our ability to recruit the best health care professionals
and the responsiveness of our local managers to fill the needs of our clients
in a timely manner. Additionally, we work with our clients should they decide
they would like to hire our service professional on a full time basis. Another
key to our success is the personal relationship that our management and sales
team build with each of our existing and new clients. As noted previously, in
order to reduce turnover of our service team by providing as many hours as possible,
similar to the hours of a full-time employee, we utilize the same service team
members across all payer sources.
As each of our businesses is located in smaller based population areas of the
country, the competition is significantly heightened and the relationships maintained
with our clients become very critical to the continued success of our operations.
1.31%