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Historical Milestones


1946   City Car Unloaders is
founded in Chicago.
 
1956   Name changed to Labor Pool.
 
1958   First franchise sold.
 
1962   Al Sorensen, co-founder of Interim HealthCare,
joins company as sales person
and becomes President in 1967.
 
1966   Medical Personnel Pool is created.
 
1967   First Medical Personnel Pool franchise owner opens office in Palm Beach.
 
1969   Corporate Service Center moves from Chicago to Ft. Lauderdale.
 
1972   Home health care sales exceed commercial sales for the first time.
 
1975   Industrial and clerical divisions renamed Personnel Pool.
 
1976   Denver franchisees, the first provider in the USA to supply supplemental staff relief in health care facilities.
 
1978   Personnel Pool of America (PPA) becomes a subsidiary of H&R Block, Inc. Franchise Owners Advisory Council formed.
 
1980   Company leads change in Medicare laws to permit proprietary companies to become Medicare providers.
 
1986   20th Anniversary for Medical Personnel Pool with 235 offices and $259 million in sales.
 
1991   25th Anniversary of Medical Personnel Pool with 314 locations and $458 million in sales.
 
1992   Name changed to Interim and the "temporary heroes" advertising campaign is introduced to promote multiple brands under the Interim banner.
 
1994   Company spun off by H&R Block and becomes publicly traded on NASDQ.
 
1996   30th Anniversary for InterimHealthCare with 412 locations and $706 million in sales. Company moves to NYSE.
 
1997   Interim HealthCare is sold to Cornerstone Equity Investors & Bank of America Capital and becomes privately held entity.
 
1998-2000   Medicare reimbursment changed to "Interim Payment System" (IPS). One third of all home health agencies fail. Interim faces new challenges.
 
2001-2002   Company celebrates 35th Anniversary. Financial turnaround is successful and company is recapitalized post IPS. Also named as the "Top Home Care Franchise in the United States" by USA Today.
 
2003 - 2004   Focus returns to growth and operational enhancement with $600 million in network sales, more than 300 Interim HealthCare locations throughout the United States.
 
2006   Interim HealthCare, Inc. is acquired by Sentinel Capital Partners, a private equity firm.