Current Issue

Cover Story

Benchmarking HME

Do you know whether your home medical equipment business is being run efficiently and profitably?

HomeCareXtra

Cover Story

Getting Back To Business

The effects of Medicare's competitive bidding delay are a complicated matter.

Marketplace

THE PROVIDER newswire

Financials:

American HomePatient Out of the Red in Q4: For the fourth quarter ended Dec. 31, 2001, Brentwood, Tenn.-based American HomePatient reported a net income of $0.4 million, or 18 cents per diluted share, compared to a loss of $4.4 million, or 74 cents per diluted share, for the same quarter a year ago. All totaled, the company lost $11.5 million, or 68 cents per diluted share, in 2001, compared to a net loss of $24.2 million, or $2.01 per diluted share, in 2000.

Option Care Reports Q4, Year-End Earnings: For the fourth quarter ended Dec. 31, 2001, Option Care, Bannockburn, Ill., reported a net income of $3 million, or 19 cents per diluted share, compared to a net income of $2.1 million, or 17 cents per diluted share, for the same period in 2000. The company also reported a 2001 net income of $10 million, or 73 cents per diluted share, compared to a net income of $7.5 million, or 60 cents per diluted share, in 2000.

Matria Announces Fourth Quarter, 2001 Income: For the fourth quarter ended Dec. 31, 2001, Matria, Marietta, Ga., announced a net loss of $630,000, or a loss of 7 cents per share, compared to a net income of $1.9 million, or 11 cents per share for the same period in 2000. Additionally, the company reported a net 2001 income of $6.7 million, or 64 cents per diluted share, compared to $13.7 million, or $1.10 per diluted share in 2000.

Lincare Reports Q4, 2001 Results: Lincare Holdings of Clearwater, Fla. reported a net income of $33.3 million, or 30 cents per diluted share for the fourth quarter ended Dec. 31, 2001, compared to a net income of $31.8 million, or 30 cents per diluted share for the same period in 2000. The company's 2001 net earnings were $134.9 million, or $1.23 per diluted share, compared to $116.9 million, or $1.08 per diluted share, in 2000.

Apria Announces Q4, 2001 Income: For the fourth quarter ended Dec. 31, 2001, Apria Healthcare Group, based in Lake Forest, Calif., announced a net income of $20 million, or 36 cents per diluted share, compared to a net income of $15.3 million, or 28 cents per diluted share for the same period in 2000. The company also reported a 2001 net income of$71.9 million, or $1.29 per diluted share, compared to a net income of $57 million, or $1.06 per diluted share in 2000.

PSA Announces Q1 Results, Shareholder Settlement: For the first quarter of fiscal year 2002 ended Dec. 31, 2001, Norcross, Ga.-based Pediatric Services of America reported net earnings of $2.86 million, compared to $186,000 for the same quarter a year ago. Net income per diluted share was 40 cents for the first quarter of 2002, compared to 3 cents per diluted share during the first quarter of 2001. Two days before Pediatric Services announced these numbers, the company reported settling a shareholder class action suit for $3.2 million.

For breaking news, go to www.homecaremonday.com, the electronic news service of the home medical equipment industry.

Back to Top

Browse previous Issues

October 2008

September 2008

August 2008

July 2008

June 2008

May 2008