Navigation Links
Arcadia Resources Announces Fourth Quarter and Fiscal 2009 Year-End Results
Date:6/25/2009

g business gross margins improved from 29.2% for fiscal 2008 to 30.5%, reflecting the increased sales of higher margin Home Care business and reductions in the Company's workers compensation expense.

The 2009 net loss from continuing operations was $43.0 million, compared to a net loss of $14.2 million for 2008. The Company recorded one-time charges of $29.3 million during the current year. Without these charges, the net loss would have been essentially the same as the net loss incurred in the prior year. The one-time charges included $23.5 million in asset impairment charges; $4.5 million related to the restructuring of $24 million of the Company's long-term debt in March; and $1.3 million in charges related to discontinued operations.

Cash flow from all operations was a positive $778,000 for 2009, compared with net cash from operations used of $7.1 million in 2008.

Full year highlights were:

  • Pharmacy: Pharmacy segment revenues increased 19% to $6.0 million for 2009 as compared to $5.1 million in the prior year.

  • Services: The Company's Services segment reported net revenues of $97.5 million in 2009, a modest increase over net revenues of $96.6 million in 2008. Within the Services segment, Home Care revenues increased by $6.2 million, or 10%, offset by a $5.2 million decline in medical staffing revenues.

Management's Outlook

"We continue to be pleased with the adoption of DailyMed by consumers and payers alike, as evidenced by the 43% sequential quarter increase in sales for DailyMed in the fourth quarter. DailyMed will continue to be a significant growth driver in 2010 and beyond," said Richardson. "We will begin enrolling additional lives from our new WellPoint agreement at the beginning of July, and we
'/>"/>

SOURCE Arcadia Resources, Inc.
Copyright©2009 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Related medicine news :

1. WellPoint State Sponsored Business Launches New Program with Arcadia HealthCare to Help Improve Medication Safety, Efficacy and Compliance for Medicaid Members
2. Arcadia HealthCare Names Former Walgreens Executive Charles Goodall as Vice President of DailyMed(TM) Pharmacy Operations
3. Arcadia Resources Responds to Share Price Volatility
4. Arcadian Management Services Names CEO Robert Fahlman as Chairman of the Board
5. Arcadia Resources Sells Non-Core Software Business
6. Arcadia Resources Announces Webcast of its Fiscal 2009 Fourth-Quarter and Year-End Conference Call
7. Plane Crash Claims Arcadians Chairman and Founder, John H. Austin M.D.
8. Arcadia Resources Announces Sale of Non-Strategic Businesses
9. Arcadia Completes New Financing; Previews Fourth Quarter Results
10. HMS Urges Healthcare Reform Measures to Manage Costs, Target Resources, Fight Fraud
11. Thomson Reuters Partners with Research4Life to Bring Scientific Research Information Resources to Developing Countries Around the World
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/18/2013)... Each year, the American Gastroenterological Association (AGA) ... achievements in gastroenterology through its esteemed recognition awards. ... talented individuals who work tirelessly to advance the ... pleased to announce the 2013 recognition award honorees ... their tremendous contributions to our field," said Loren ...
(Date:5/18/2013)... Los Angeles, California (PRWEB) May 18, 2013 ... band surgery is an increasingly popular weight loss surgery ... The Lap Band Center wishes to give ... technique. , Dr. Naim attended medical school at New ... residency at New York Methodist he undertook a fellowship ...
(Date:5/18/2013)... 2013 Illuminations is proud to present the ... Seminars will take place over the course of four days, ... and Saturday, June 8, 2013. , Inner Child Therapy is ... on the attitudes, patterns and coping mechanisms that create the ... learn to live a more integrated and balanced life style, ...
(Date:5/18/2013)... May 18 (HealthDay News) -- Children who swallow high-powered ... remove the objects, according to a new study. ... in New Orleans, found that more than 79 percent ... either surgery or an endoscopic procedure, in which a ... tract. Only 21 percent of these cases can be ...
(Date:5/18/2013)... MOOSGO.COM published an original art book for ... a group of artists who share their creations based on ... paintings. Exclusively for iPad . , This work ... videos that reflect the signature idiosyncrasy and passion of tango. ... iBook Store and it includes a free trailer of ...
Breaking Medicine News(10 mins):Health News:AGA honors distinguished clinicians, researchers and educators with prestigious recognition awards 2Health News:AGA honors distinguished clinicians, researchers and educators with prestigious recognition awards 3Health News:AGA honors distinguished clinicians, researchers and educators with prestigious recognition awards 4Health News:AGA honors distinguished clinicians, researchers and educators with prestigious recognition awards 5Health News:Everything You Need to Know About Lap Band Surgery 2Health News:Everything You Need to Know About Lap Band Surgery 3Health News:Illuminations Brings World Renowned Therapist to the Middle East 2Health News:Swallowing Magnets Can Be Fatal for Children 2Health News:New Art Book for iPad: Tango Art 2
... ... prevented, mourns highly experienced New York personal injury attorney, David Perecman. , ... New York, NY (PRWEB) July 14, 2009 -- ... gruesome personal injury accident at a privately operated waste transfer plant in Jamaica, ...
... , , ... Masimo (Nasdaq: MASI ), the inventor of Pulse ... 2009 Silver Medical Design Excellence Award in the general hospital devices ... award recognizes Rad-87,s excellence in medical technology engineering and design as ...
... , Five hospital board ... , ST. PAUL, Minn., July 14 ... a Minnesota Hospital Association board member certification program. , ... remain up-to-date on health care issues, to hone their leadership skills ...
... , SANTA MONICA, Calif., July 14 ... has now been adopted by 286 senior living communities in 34 states ... has added 136 new sites in the last year, further solidifying its ... market. , , The rapid gains ...
... 14, 2009 A drug similar to one used in ... been found to rescue memory in mice exhibiting Alzheimer,s symptoms. ... a new treatment may be on the horizon for people ... elderly dementia afflicting more than 5 million people in the ...
... , ATLANTA , July 14 ... vision testing kiosks, announced today it will team with Eyemaginations, the ... in the kiosks. The EyeSite kiosks contribute to eye care ... driving consumers to local eye care professionals for comprehensive eye exams. ...
Cached Medicine News:Health News:Personal Injury Attorneys Contemplate Toxic Evidence in the Death of 3 Men in New York 2Health News:Personal Injury Attorneys Contemplate Toxic Evidence in the Death of 3 Men in New York 3Health News:Masimo Rad-87(R) Pulse CO-Oximeter(TM) Garners Silver 2009 Medical Design Excellence Award 2Health News:Masimo Rad-87(R) Pulse CO-Oximeter(TM) Garners Silver 2009 Medical Design Excellence Award 3Health News:Masimo Rad-87(R) Pulse CO-Oximeter(TM) Garners Silver 2009 Medical Design Excellence Award 4Health News:Dakim BrainFitness Now Used in 286 Senior Living Communities, Adding 136 Sites in 12 Months for Dementia-Fighting System 2Health News:Dakim BrainFitness Now Used in 286 Senior Living Communities, Adding 136 Sites in 12 Months for Dementia-Fighting System 3Health News:Drug rescues memory lost to Alzheimer's disease 2Health News:Eyemaginations Partners with SoloHealth to Enhance Public Eye Health Education with EyeSite(TM) Vision Kiosks 2Health News:Eyemaginations Partners with SoloHealth to Enhance Public Eye Health Education with EyeSite(TM) Vision Kiosks 3
(Date:5/17/2013)... announced that it will report its 2013 first quarter earnings on Wednesday, ... Ed Borkowski , CFO, will host an analyst and investor ... participate in the conference call within the U.S. and Canada ... call outside the U.S. and Canada , dial (760) ... should dial in 10 minutes prior to the start of the call. ...
(Date:5/17/2013)... 17, 2013  PENTAX Medical, a healthcare industry ... global leader in ultrasound imaging, recently announced renewed ... enable further innovation in the development of Endoscopic ... systems and PENTAX Medical endoscopic portfolio have formed ... EUS systems. This agreement will continue to grow ...
(Date:5/17/2013)... Mass. , May 17, 2013  Boston Scientific ... participate at the annual EuroPCR Scientific Program May 21-24 ... are pleased to present a particularly rich and diversified ... Keith Dawkins , M.D., global chief medical ... trials will be presented, including the NG PROMUS trial, ...
Breaking Medicine Technology:PENTAX Medical And Hitachi-Aloka Medical Continue Joint Innovation And Global Leadership In Endoscopic Ultrasound Systems 2PENTAX Medical And Hitachi-Aloka Medical Continue Joint Innovation And Global Leadership In Endoscopic Ultrasound Systems 3Boston Scientific Schedule of Major Events and Presentations at EuroPCR 2013 2Boston Scientific Schedule of Major Events and Presentations at EuroPCR 2013 3Boston Scientific Schedule of Major Events and Presentations at EuroPCR 2013 4Boston Scientific Schedule of Major Events and Presentations at EuroPCR 2013 5Boston Scientific Schedule of Major Events and Presentations at EuroPCR 2013 6Boston Scientific Schedule of Major Events and Presentations at EuroPCR 2013 7Boston Scientific Schedule of Major Events and Presentations at EuroPCR 2013 8
... presented an interim study analysis indicating that MENOPUR® (menotropins ... fertilization (IVF) cycles using a gonadotropin-releasing hormone (GnRH) ... the 65th Annual Meeting of the American Society for ... , MENOPUR® vs. rFSH in GnRH Antagonist ...
... China, Oct. 20 /PRNewswire-Asia/ -- Simcere Pharmaceutical Group,(NYSE: ... leading pharmaceutical company,specializing in development, manufacturing, and marketing ... announced an agreement with,OSI Pharmaceuticals, Inc., to develop, ... , Headquartered in Long ...
Cached Medicine Technology:Research Compares MENOPUR(R) With rFSH in GnRH Antagonist IVF Cycles 2Research Compares MENOPUR(R) With rFSH in GnRH Antagonist IVF Cycles 3Simcere Pharmaceutical Group Announces Collaboration with OSI Pharmaceuticals 2Simcere Pharmaceutical Group Announces Collaboration with OSI Pharmaceuticals 3
... Infinity Amylase powder reagent once reconstituted ... of single liquid stability to help ... and provide quick result turnaround time. ... Amylase powder reagent provides a long ...
...
... Flexible biopsy forceps are extremely delicate ... incompetent repair source, they can easily be ... turn, damage your endoscopes. , On the ... flexible biopsy forceps can have a virtually ...
... Nothing can be more frustrating to a ... section of tissue than using instruments that are ... simple, or more complex, we offer a wide ... From realigning and polishing the tips to standard ...
Medicine Products: