Navigation Links
American HealthChoice CEO Dr. J.W. Stucki Provides Company Update

FLOWER MOUND, Texas, Jan. 16 /PRNewswire-FirstCall/ -- American HealthChoice, Inc. (Pink Sheets: AMHI), a medical services company with medical clinics in Texas and Tennessee, today, in an update for Company shareholders, said its net income for the year ended September 30, 2007, totaled $243,000.

"It was a year of positioning, growth and also stabilization," said Dr. J.W. Stucki, Chairman and CEO. "I am updating our shareholders on these achievements as we move into 2008."

Dr. Stucki said:

The Company has reduced its clinics to a core of six profitable clinics that should bill approximately $5 million in 2008. The clinic operations will continue to contribute profit and will be cash positive in the foreseeable future. AMHI continues to reduce corporate expenses to less than $400,000 annually.

While we continue to work to become current with filings with the U.S. Securities & Exchange Commission, and move back to the Over the Counter Bulletin Board, we are disappointed that our current auditor has been unable to provide the staff necessary to complete this engagement. The situation is exacerbated because Pink now lists AMHI as a company with "No Information." We are working to resolve this situation. Unaudited financials for the Fiscal Year ended September 30, 2007, are part of this news release.

We have implemented our telemedicine ( systems, a revolutionary new technology which allows a physician to visit a patient through a virtual connection, and we await greater acceptance prior to significant expansion.

Our OmniBody Scan (, a medical imaging system to screen for early breast cancer and soft tissue injuries is, we are confident, a working product that is second to none. We are in a dispute with the manufacturer, which wants us to accept delivery of systems prior to U.S. Food & Drug Administration approval which, we believe, is imminent. We have made a proposal to resolve this issue and the judge has ordered immediate mediation. In the meantime, our marketing efforts have been extremely positive.

AMHI is pleased to announce that its web sites, including have been updated. We will work hard to keep shareholders informed. Growing this Company, and increasing shareholder value, remains our number one concern and goal.

Condensed Consolidated Statements of Operations


Three months ended Year ended

December March June September September

2006 2007 2007 2007 2007




owned $1,581,000 $1,466,000 $1,479,000 $1,384,000 $5,910,000

Provision for

discount on

billings 703,000 657,000 701,000 682,000 2,743,000

Net patient


Company-owned 878,000 809,000 778,000 702,000 3,167,000

Net retained

affiliated 42,000 113,000 130,000 94,000 379,000

Net clinic

billings 920,000 922,000 908,000 796,000 3,546,000


expenses 660,000 606,000 518,000 449,000 2,233,000


expenses 185,000 178,000 179,000 148,000 690,000



expenses 845,000 784,000 697,000 597,000 2,923,000


income 75,000 138,000 211,000 199,000 623,000


expenses 100,000 100,000 100,000 100,000 400,000

Net income

(loss) $(25,000) $38,000 $111,000 $99,000 $243,000

Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance, and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including those set forth in the company's report on Form 10-KSB for fiscal year 2005 filed with the Securities and Exchange Commission on January 13, 2006.


Dr. J.W. Stucki, CEO

American HealthChoice, Inc.


Paul Knopick

E & E Communications


SOURCE American HealthChoice, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. American Academy of Ophthalmology Mourns Loss of Judah Folkman, MD, Pioneering Researcher
2. American Red Cross Partners With Safety4Kids(R) to Debut Childrens Fire Safety DVD
3. Black Americans Still Wary of Clinical Trials
4. Susan G. Komen for the Cures Circle of Promise and The Links, Incorporated Unite to Rewrite the Story on African Americans and Breast Cancer
5. American Life League Announces Third Training and Activism Weekend
6. Sun Savvy Sadly Lacking Among Americans
7. American Lung Association Report Gives Illinois Mixed Grades
8. American Heart Association President Urges Congress to Support Preventative Measures to Reduce Risk Factors for the Nations No. 1 Killer
9. Federal Government Receives Failing Grades on Tobacco Control in Annual American Lung Association Report
10. EHE International Supports the American Liver Foundations Efforts at Raising Awareness for Hepatitis
11. Gary Tschautscher of Nonin Medical, Inc. Receives CEO of 2007 for North American Patient Monitoring From Frost & Sullivan
Post Your Comments:
(Date:11/27/2015)... ... November 27, 2015 , ... ... convenient way to dispense prescription medications at home, so he invented the patent-pending ... monitor and dispense prescription medications. In doing so, it could help to prevent ...
(Date:11/27/2015)... ... November 27, 2015 , ... ProSidebar: Fashion is a set of ... With ProSidebar: Fasion, video editors can easily add an informative sidebar to any FCPX ... Utilize presets featuring self-animating drop zones, lines, bars, and text with the ease ...
(Date:11/27/2015)... ... ... simply groundbreaking television series, "Voices in America", which is hosted by Hollywood legend, James ... are presently affecting Americans. Dedicated to providing the world with a wide variety of ... focus on, one episode at a time. , In the latest installment currently ...
(Date:11/27/2015)... ... 27, 2015 , ... The men and women on this ... in the country. They have overseen financial turnarounds, shown commitment to their community ... industry as a whole through their advocacy and professional efforts. , Becker's Hospital ...
(Date:11/26/2015)... ... 2015 , ... Patients at Serenity Point Recovery, a holistic ... Thanksgiving Day to share the things that they are most grateful for today. ... channel, patients displayed what they wrote on index cards, describing the things that ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... , November 26, 2015 ... --> adds "Global Repaglinide ... "Investigation Report on China Repaglinide Market, ... forecasts data and information to its ... . --> ...
(Date:11/26/2015)... Research and Markets ( ) ... Future Horizons and Growth Strategies in the Italian ... Segment Forecasts, Competitive Intelligence, Emerging Opportunities" report ... --> This new 247-page report ... drug monitoring market, including emerging tests, technologies, instrumentation, ...
(Date:11/26/2015)... November 26, 2015 ... addition of the  "2016 Future Horizons ... Cell Surface Marker Testing Market: Supplier ... to their offering.  --> ... of the  "2016 Future Horizons and ...
Breaking Medicine Technology: