Southern Home Medical Inc (SHOM)

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News for 'SHOM' - (Southern Home Medical Provides Corporate Overview for Shareholders and Financial Industry Company Profitability up 114%)


LYMAN, SC, Mar 01, 2012 (MARKETWIRE via COMTEX) -- Southern Home Medical
Equipment, Inc. (PINKSHEETS: SHOM), a Holding Company providing healthcare
servic! es, staffing and equipment to medical institutions, today announces a
corporate annual overview to the shareholders and financial industry for year
2011. Management is pleased to announce that revenues were up 15.7% & profits up
114% over calendar year 2010.

Southern Home Medical continued its profitability in 2011. The Company remains
frugal with its balance sheet and has continued operating without long-term
debt. Professional fees were up vs. last year based on cost associated with
protecting the Company and shareholder interest.

Southern Home Medical has requested from Secretary of State to reduce
outstanding authorized common shares from one (1) Billion to five hundred
million (500) Million. It is management's belief that the Company should strive
to maintain accountability to its shareholders. This share reduction is an
effort to demonstrate to our shareholders, that we are committed to creating a
stock with value, while ! limiting dilution.

Southern Home Medical will be open to merger and acquisition candidates that
will allow the Company to develop its footprint into areas such as staffing,
consolidated business services, medical products, medical billing,
administration consulting and purchasing of a facility or facilities.

Southern Home Medical is very proud of the accomplishments of its staff. The
Company wants to provide its shareholders and partners a value that will
continue to grow while demonstrating conservative and responsible growth with
demands of the industry.

Mr. Jeff Sarvis, CEO of Southern Home Medical Equipment, Inc., states, "It has
been my goal as the President & CEO to reduce debt and increase profitability
and shareholder equity." Mr. Sarvis continues by saying, "It was also my
responsibility to create stability and progress in the changing marketplace. As
many of you are aware, the healthcare market in America is rapidly changing. We
have to be open to the many opportunities that can c! reate growth opportunities
for our Company."

About Southern Home Medical Equipment, Inc. Southern Home Medical Equipment,
Inc. is a Holding Company with a focus on servicing the needs of the Healthcare
Industry. The Company has quality health care professionals to support
hospitals, rehab centers, nursing homes and other medical facilities providing
Registered Nurses, Licensed Practical Nurses, Certified Nursing Assistants,
Billing Specialist, Customer Service Specialist, Delivery Techs and Marketing
Reps. With contractual agreements with partner businesses in Charleston,
Columbia, Florence and Greenville, South Carolina; Nashville, Tennessee,
Baltimore, Maryland; Atlanta and Savannah, Georgia. Southern Home Medical is
leveraging the success of these business models to expand sales opportunities in
these areas with medical needs, equipment and nurse professionals.

Southern Home Medical's application process provides quality scr! eening of each
healthcare professional through the use of License a nd CPR validation, Skills
Checklist, OSHA & HIPPA Forms, Background Checks and Drug Screening. Through
this process, Southern Home Medical is able to provide only the best
Professionals to Medical Facilities for the use of all of our services.

Forward-Looking Statement The statements in the press release that relate to the
Company's expectations with regard to the future impact on the Company's results
from acquisitions or actions in development are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995. The
statements in this document may also contain "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect" and similar
expressions identify such forward-looking statements. Forward-looking statem! ents
are subject to risks, uncertainties, and other factors that could cause actual
results to differ materially from those contained in such statements. Such
risks, uncertainties, and factors include, but are not limited to, future
capital needs, changes, and delays in product development plans and schedules,
or market acceptance.





Contact:

Henry Harrison

IR Pro 2.0

407-682-2001

Email Contact

www.irprpro.com

www.healthcarestock.net





SOURCE: Southern Home Medical Equipment, Inc.




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SUBJECT CODE: Medical and Healthcare:Facilities and Providers

Medical and Healthcare:Healthcare

Professional Services:Human Resources

Medical and Healthcare:Nursing

Pharmaceuticals and Biotech:Equipment and Supplies

Medical and Healthcare:Medical Devices