s 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
http://www.Americanhealthchoice.com 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
(Unaudited)
Three months ended Year ended
December March June September September
2006 2007 2007 2007 2007
Patient
billings-
Company-
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
billings-
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
Clinic
expenses 660,000 606,000 518,000 449,000 2,233,000
Corporate
expenses 185,000 178,000 179,000 148,000 690,000
Total
operating
expenses 845,000 784,000 697,000 597,000 2,923,000
Operating
income 75,000 138,000 211,000 199,000 623,000
Other
expenses 100,000 100,000 100,000 100,000 400,000
Net income
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SOURCE American HealthChoice, Inc. Copyright©2008 PR Newswire. All rights reserved | |
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