SEGMENT DATA

12 Months Ended

Dec. 31, 2012

SEGMENT DATA

SEGMENT DATA

NOTE 10 - SEGMENT DATA

The Company has two reportable segments, VN and PC.  Reportable segments have been identified based upon how management has organized the business by services provided to customers and the criteria in ASC Topic 280, Segment Reporting.  The Company does not allocate certain corporate expenses to the reportable segments.  These expenses are included in Unallocated below.  The Company evaluates the performance of its business segments based upon operating income. Intercompany transactions between segments are eliminated.

The Company’s VN segment provides skilled medical services in patients’ homes largely to enable recipients to reduce or avoid periods of hospitalization and/or nursing home care.  VN Medicare revenues are generated on a per episode basis rather than a fee per visit or day of care.  Approximately 91% of the VN segment revenues are generated from the Medicare program, while the balance is generated from Medicaid and private insurance programs.

The Company’s PC segment services are also provided in patients’ homes.  These services (generally provided by paraprofessional staff such as home health aides) are generally of a custodial rather than skilled nature.  PC revenues are generated on an hourly basis.  Approximately 86% of the PC segment revenues are generated from Medicaid and other government programs, while the balance is generated from insurance programs and private pay patients.

	Year Ended December 31,
	2012			2011			2010
Net service revenues
Visiting Nurse	$	271,477		$	283,596		$	294,915
Personal Care	77,047			56,257			40,380
	$	348,524		$	339,853		$	335,295
Operating income
Visiting Nurse	$	39,424		$	45,744		$	66,193
Personal Care	10,029			8,682			5,523
Unallocated	(20,909		)	(19,865		)	(20,059		)
	$	28,544		$	34,561		$	51,657
Identifiable assets
Visiting Nurse	$	158,823		$	153,266		$	147,299
Personal Care	47,860			42,302			12,111
Unallocated	42,576			55,592			60,717
	$	249,259		$	251,160		$	220,127
Identifiable liabilities
Visiting Nurse	$	9,940		$	12,272		$	10,458
Personal Care	4,670			3,019			2,834
Unallocated	30,334			29,572			24,667
	$	44,944		$	44,863		$	37,959
Capital expenditures
Visiting Nurse	$	740		$	790		$	1,815
Personal Care	648			756			69
Unallocated	1,099			1,344			723
	$	2,487		$	2,890		$	2,607
Depreciation and amortization
Visiting Nurse	$	1,030		$	1,330		$	1,379
Personal Care	156			80			44
Unallocated	1,392			1,406			1,490
	$	2,578		$	2,816		$	2,913