VERO BEACH, FL--(Marketwire -04/23/12)- Home Health International, Inc. (Pinksheets: HHII.PK - News) is well positioned to capitalize on the opportunity the baby boomers present for home health and care giving services. Seniors are now the fastest growing population in the U.S. According to estimates from AARP (American Association of Retired People), the first wave of the nation's 76 million baby boomers are reaching the age of 65 at the rate of about 7,000 per day. Naturally, this has created a demand for health services of all types, especially home health care services.
The number of consumers eligible to receive Medicare, and mostly likely to require home health care services, is projected to increase annually and is expected to comprise 19% of the population by 2030. In addition, the baby boomers prefer to receive home health care as opposed to hospital-based services whenever possible.
Home Health International in addition to offering home health care services, plans to launch a full suite of care giving services including light housekeeping, cooking and personal care. With the trend shift to personal fitness and wellness, the Company is also researching this sector to add to its portfolio of home care services. Industry experts agree that the baby boomers, with collective wealth of over $7 trillion, spend more on health care than their parents did and are willing to pay for services that improve their quality of life.
To learn more about Home Health International, please visit http://www.homehealthintl.com.
About Home Health International Inc.
Home Health International Inc. was incorporated in the State of Nevada on September 13, 2006. The Company was formerly known as Micro Mammoth Solutions, Inc. and operated as such until January 25, 2010. On January 26, 2010, the Board of Directors of the Company approved a Stock Purchase Agreement between the Company and all of the shareholders of Atlas Capital Partners, LLC. Following the acquisition of Atlas Capital Partners the shareholders approved an amendment to the Company's Articles of Incorporation changing the Company's name from Micro Mammoth Solutions, Inc. to Atlas Capital Holdings, Inc. The Company received shareholder and board approval to amend its Articles of Incorporation to change its name to Home Health International Inc. This change was approved by FINRA and became effective on March 26, 2012.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Home Health International Inc. undertakes no obligation to update such statements.