ATC Healthcare history

In August 1986, it agreed to be acquired by a competitor, Tender Loving Care Health Care Services Inc. (TLC) of the New York City suburb Lake Success.

However, rather than doubling its revenues by 1988, as the firm's leadership predicted, sales dropped nearly 20 percent.

1989: The company begins focusing on home health care services.

By the summer of 1991, Staff Builders was providing staff for home health care almost exclusively.

As fiscal 1992 ended, it looked as if Staff Builders had turned a corner.

In July 1993, it bought Albert Gallatin Visiting Nurse Association Inc., a company with eight offices in West Virginia and western Pennsylvania.

In May 1995, an African-American resident of New Haven, Connecticut, complained to the Department of Health and Human Services (HHS) that the company had ended service after she moved into a housing project that was barred by the company's guidelines from being visited by its personnel.

The next big step for ATC Healthcare came in 1996 when Stephen and David turned to franchising as a way to expand the reach of their business.

Settlements related to the mis-billings resulted in net losses of $45.4 million taken in the third quarter of Staff Builders' 1998 fiscal year.

In August 2001, the company once again adopted the name of a subsidiary when the firm became ATC Healthcare, Inc., a modification designed to show the change wrought by the TLC spin-off.

In August 2002, ATC announced partnerships with the Nurse Alliance Group and Medinnel Inc. that would assist in the recruitment of foreign nurses to ease the acute shortage of nurses in the United States.