Navigation Links
Forterus Healthcare to Acquire Solutions 4 Recovery
Date:1/22/2009

HUNTINGTON BEACH, Calif., Jan. 22 /PRNewswire-FirstCall/ -- Forterus Healthcare, a division of Forterus Inc. (OTC Bulletin Board: FTER), today announced that it has acquired Solutions 4 Recovery, a Dana Point, Calif.-based drug and alcohol treatment center.

The acquisition is expected to close Feb. 1 2009

Forterus Healthcare will operate Solutions 4 Recovery as a wholly owned subsidiary of Forterus, Inc. Solutions 4 Recovery is the second behavioral health care acquisition made by Forterus Inc. the last six months, the first being A Better Tomorrow Treatment Center Inc.

"Our plan for stable, continuous growth is well under way," stated Jerrod Menz, vice president of Forterus Healthcare.

"Solutions 4 Recovery is already well known in the Orange County area and has hundreds of clients," said Paul Howarth, CEO of Forterus, adding that the acquisition of the six-year-old treatment center enables the company's healthcare division to expand its services to the coast without having to start from scratch.

"This acquisition increases our ability to capture clients in the Orange County-San Diego area," Howarth said. "It also helps with our general marketing efforts, since we can now offer clients more choices in terms of where they want to be treated in Southern California."

Once the acquisition is closed, Forterus Healthcare will operate one of the largest drug and alcohol treatment programs in Southern California.

Forterus Inc. and its subsidiaries engage in diverse business activities, including behavioral healthcare, intervention services, drug and alcohol rehabilitation, pain management, physical therapy, finance as well as thoroughbred breeding and racing.

For more information about Forterus, Forterus Healthcare, A Better Tomorrow or Solutions 4 Recovery, please visit their respective websites at www.forterushealthcare.com, www.solutions4recovery.com and www.abttc.com.

Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995: This press release contains, and Forterus may from time to time make, written or oral 'forward-looking statements' within the meaning of the U.S. federal securities laws, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside Forterus's and/or its subsidiaries control that could cause actual results to differ materially from such statements. In particular, statements using words such as 'may,' 'should,' 'estimate,' 'expect,' 'anticipate,' 'intend,' 'believe,' 'predict,' 'potential,' or words of similar import generally involve forward-looking statements.

    Paul Howarth, CEO, Forterus Inc.
    (888) 257-8345
    ir@forterushealthcare.com


'/>"/>
SOURCE Forterus Inc.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Forterus Inc. Announces Stock Buyback
2. Forterus Inc. Inks Agreement to Provide National Sales and Marketing Support for a North Carolina-Based Addiction Treatment Center
3. VTS Medical Systems, LLC Awarded Frost & Sullivan Excellence in Healthcare, Product Line Strategy Leadership Award for 2009
4. MEDNET(TM) Launches Low-Cost LABboards(TM) to Healthcare Industry
5. ACS is Best in KLAS for Healthcare Financial Implementation Services for Second Consecutive Year
6. GlaxoSmithKline Awards Ten Area Healthcare Nonprofits with $40,000 Each in Funding
7. South Jersey Healthcare Offers Sage Intergy EHR Electronic Health Records System to Community Physicians Through EHR Grant Program
8. As SEIU Prepares Hostile Takeover of United Healthcare Workers, Surveillance of Local Union Office Ends in Assault by Off-Duty Police Officer
9. Axium Healthcare Pharmacy, Inc. Has Been Chosen as One of Central Floridas Golden 100 Companies
10. Hospital Association Presents Awards for Commitment to Healthcare
11. Rochester Medical Announces Settlement With TYCO Healthcare Group, L.P., Now Operating as Covidien Ltd.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/5/2016)... ... May 05, 2016 , ... Vitenas Cosmetic Surgery has been named as ... the American Institute of Architects and the Academy of Architecture for Health. The building, ... Harrell Architects, opened to patients in October of 2014. , The ...
(Date:5/5/2016)... , ... May 05, 2016 , ... TIME for Kids ... – today announced a new partnership to reach nearly 1 million children with important ... an instant and is the leading cause of accidental death in children one to ...
(Date:5/5/2016)... ... May 05, 2016 , ... In order to increase ... patterns, Amerec, a Seattle-based steam bath and sauna manufacturer recently launched amerecConnect™ ... interface of the app, developed for both smartphones and personal computers perfectly emulates ...
(Date:5/5/2016)... ... (PRWEB) May 05, 2016 , ... Talent Tech Labs (TTL) is ... eve of National Nurses Week (May 6-12). Currently, HireNurses is a job ... enrollment into the Talent Tech Lab Virtual Incubation program, they will dramatically expand the ...
(Date:5/5/2016)... ... ... Chronic stress can have a silent, yet dangerous, impact on men’s heart health. ... inflammation, both of which raise the risk of heart attack and even stroke,” says ... Massachusetts General Hospital. Chronic stress also can lead to other issues that indirectly affect ...
Breaking Medicine News(10 mins):
(Date:5/4/2016)... Israel , May 4, 2016 ... today that BiondVax,s CEO, Dr. Ron Babecoff , will ... New York City . On Thursday, ... Pioneers 2016, a conference presented by Joseph Gunner ... The BiondVax presentation that Dr. Babecoff will be ...
(Date:5/4/2016)... Yissum Research Development Company of the ... had signed an exclusive world-wide licensing and research agreement ... degradation and immunomodulatory drugs for cancer and immune dysfunction, ... first-in-class therapy for hematologic and solid malignancies. Financial terms ... novel technology was developed by Yinon Ben-Neriah , ...
(Date:5/4/2016)... 4, 2016 Valeritas Holdings, Inc. ... alternative public offering (APO). This was accomplished via a ... Inc. and a private placement of approximately 5 million ... share. Under the terms of the reverse ... Holdings, Inc. will trade on the OTC Markets under ...
Breaking Medicine Technology: