Navigation Links
CRH Medical reports Q1 2008 results
Date:5/29/2008

- Revenues increase 166% versus Q1 2007

- Six new Centers opened to date in 2008

VANCOUVER, May 29 /PRNewswire-FirstCall/ - CRH Medical Corporation (CRM:TSX-V) announced today that it recorded revenues of $1.35 million for the three months ended March 31, 2008 compared to $0.50 million for the three months ended March 31, 2007, an increase of 166%. The Company's net loss decreased to $0.96 million ($0.02 per share) for the three months ended March 31, 2008 compared to $1.18 million ($0.03 per share) for the same period in 2007. Additionally the Company announced that as of March 31, 2008 it had approximately $3.7 million in working capital compared to $4.4 million at December 31, 2007.

The Company also announced that for the three months ended March 31, 2008, it had 5,200 patient visits at its Centers for Colorectal Health compared to 1,937 patient visits for the same period in 2007.

Commenting on the March 31, 2008 results, Edward Wright, Chief Executive Officer stated, "We are executing on our plan to aggressively expand the number of Centers as evidenced by the six new Centers opened to date in 2008. We are also training a significant number of physicians through our Partnership Program which we expect to positively impact revenues in future quarters."

Summary of interim results (expressed in United States dollars):

Consolidated Balance Sheet

-------------------------------------------------------------------------

March 31, December 31,

2008 2007

Current assets:

Cash and cash equivalents $ 2,900,876 $ 3,531,818

Accounts receivable 1,130,730 975,290

Inventory 49,150 30,716

Prepaid expenses and deposits
'/>"/>

SOURCE CRH Medical Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Adroit Medical Systems Awarded Premier Supplier Contract for Temperature Therapy Systems
2. Harvard Medical School receives major NIH grant for galvanizing translational science
3. NIH awards Einstein College of Medicine & Montefiore Medical Center $22M grant
4. China Sky One Medical, Inc. Donates RMB 1.1 Million in Medicine for Earthquake Disaster Relief Efforts
5. Johnson & Johnson to Host Medical Devices & Diagnostics and Consumer Business Review
6. Keane Wins $1.5 Million Electronic Medical Record (EMR) Implementation with Leading Long-Term Care Company
7. Dartmouth-Hitchcock Medical Center Evaluation Findings Demonstrate Masimo Patient SafetyNet(TM) Delivers Improvements in Clinical Outcomes and Patient Safety on General Care Floors
8. China Sky One Medical, Inc. Commences Trading on the American Stock Exchange
9. China Sky One Medical, Inc. Engages Moore Stephens as New Independent Auditor
10. Acuity Workflow Solutions(TM) Enhances Medical Case Management Process:
11. Verity Radiation Therapy Becomes Second U.S. Medical Center to Treat Cancer Patients Using RapidArc(TM) Radiotherapy Technology
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/28/2015)... March—also known as National Brain Injury ... and others that suspected head injuries, especially concussions, ... , Concussions are a form of traumatic brain ... There are 1.6-3.8 million sports-related concussions per year. ... is a brain injury. Many athletes suffer knee ...
(Date:2/28/2015)... February 28, 2015 Indosoft Inc ... suite for Asterisk, are pleased to announce the development ... 5.7 and 5.8 versions of Q-Suite, this new version ... a number of new features to the leading edge ... , Q-Suite 5.9 will add features to enhance security ...
(Date:2/28/2015)... 28, 2015 The Mesothelioma Applied ... awards at the International Symposium on Malignant Mesothelioma on ... at the Hyatt Regency Bethesda in Bethesda, Maryland. The ... work and commitment to the mission to cure mesothelioma. ... will be presented to Miriam Ratner. Miriam runs the ...
(Date:2/28/2015)... Beach, CA (PRWEB) February 28, 2015 ... needs of Central Coast area residents, recently announced a ... System. It’s a treatment option for new and ... kick off 2015 with a bright, white smile, Dr. ... discounted price of $299, marked down from the regular ...
(Date:2/28/2015)... (PRWEB) February 28, 2015 Kaylie Corrigan, ... alcohol treatment center , and current student obtaining her ... has implemented a weekly forum in psychoeducation on substance ... in Flagstaff, AZ as part of her studies. , ... need for support and counseling at the high school ...
Breaking Medicine News(10 mins):Health News:Atlantic NeuroSurgical Specialists (ANS) Focus on National Brain Injury Awareness Month to Educate the General Public on Head Trauma 2Health News:Atlantic NeuroSurgical Specialists (ANS) Focus on National Brain Injury Awareness Month to Educate the General Public on Head Trauma 3Health News:Indosoft Proudly Announces Q-Suite 5.9 Call Center Software for Asterisk 2Health News:Cancer Research Foundation Honors Award Recipients 2Health News:Cancer Research Foundation Honors Award Recipients 3Health News:Cancer Research Foundation Honors Award Recipients 4Health News:Pismo Beach Dentist Announces Special for Zoom! Teeth Whitening 2Health News:Staff at Arizona Drug Addiction Treatment Center Starts Teen Sobriety Support Group at Local High School 2
... Joins Nationwide Campaign Challenging U.S. to Close the Gaps in ... Breast Cancer ... 13, the Central,Mississippi Steel Magnolias Affiliate of Susan G. Komen for ... in the Komen,Community Challenge. The Mississippi Community Challenge events mark the,fifteenth ...
... medication regimen, study finds , WEDNESDAY, Nov. 7 (HealthDay ... high blood pressure stick to the drug regimens that ... Older black Americans tend to have poorer anti-hypertensive medication ... though adherence helps reduce hypertension-related health problems and deaths, ...
... Literacy Training Reduced ER and Clinic Visits and Boosted Parents, ... ... research proves that a "dose",of hands-on health care training can transform parents, ... millions of,dollars annually. Tracking 9,240 Head Start families enrolled in a ...
... Vascular,Inc. (Nasdaq: LMAT ), which develops, manufactures, ... of peripheral vascular disease, is,scheduled to participate at ... 13, 2007, in New York City, NY at ... LeMaitre Vascular, will provide an,update on the company ...
... Management With Business Objectives, Watson ... Health Survey Finds, WASHINGTON, Nov. 7 With ... to offer financial,incentives to reward workers who adopt healthy ... leading global consulting firm, and the,National Business Group on ...
... mouse feels, thanks to a new technique which uses imaging ... brain which regulates appetite. , Researchers hope the technique, ... understanding of why certain people become obese when others do ... study, led by researchers from Imperial College London, is described ...
Cached Medicine News:Health News:Central Mississippi Steel Magnolias Affiliate of Susan G. Komen for the Cure, Legislators, Health Officials, Breast Cancer Survivors and Activists Call for Action on Breast Cancer 2Health News:Spirituality Helps Older Black Women Beat Hypertension 2Health News:UCLA Research Shows Dramatic Savings for Medicaid When Head Start Parents Learn to Care for Kids' Illnesses 2Health News:UCLA Research Shows Dramatic Savings for Medicaid When Head Start Parents Learn to Care for Kids' Illnesses 3Health News:UCLA Research Shows Dramatic Savings for Medicaid When Head Start Parents Learn to Care for Kids' Illnesses 4Health News:More Employers to Offer Workers Financial Incentives for Healthy Behavior 2Health News:More Employers to Offer Workers Financial Incentives for Healthy Behavior 3Health News:More Employers to Offer Workers Financial Incentives for Healthy Behavior 4Health News:Obesity research boosted by watching hunger in the brain 2
(Date:3/1/2015)... -- An innovative interventional radiology treatment has been found ... their headaches, according to research being presented at ... Annual Scientific Meeting . Clinicians at Albany Medical ... State College in Saratoga Springs used a treatment ... give patients enough ongoing relief that they required ...
(Date:3/1/2015)... 1, 2015  Patients suffering from chronic plantar ... debilitating foot ailment, according to research presented at ... Annual Scientific Meeting . Researchers utilized ultrasound imaging ... remove diseased fasciitis tissue. Permanently removing damaged, pain-generating ... in its place, restoring normal function. ...
(Date:3/1/2015)... , March 1, 2015  USPlabs has notified ... following and states that media reports saying that ... On Saturday, February 28, 2015, the Center ... Public Notification on the contamination of a dietary ... (referred to below as "OEP") with a prescription ...
Breaking Medicine Technology:Image-guided treatment shown to break the migraine cycle 2Image-guided treatment shown to break the migraine cycle 3Image-guided treatment shown to break the migraine cycle 4Interventional radiology treatment relieves chronic plantar fasciitis 2Interventional radiology treatment relieves chronic plantar fasciitis 3OEP Product Is Counterfeit 2
... 7 Spherix Incorporated (Nasdaq: ... diabetes, metabolic syndrome and atherosclerosis; and providers of technical ... pharmaceutical companies, today announced that it has entered into ... Series B Convertible Preferred Stock and warrants to purchase ...
... a highly selective application process, CSA Medical, Inc. ( ... background, progress and future plans for its proprietary spray ... 2010. The presentation will take place from 10:20-10:50 am ... D.C. CSA Medical is first to harness ...
Cached Medicine Technology:Spherix Announces Institutional Investors Purchase $5.25 Million of Convertible Preferred Stock and Warrants 2Spherix Announces Institutional Investors Purchase $5.25 Million of Convertible Preferred Stock and Warrants 3CSA Medical Selected to Present at AdvaMed 2010: The MedTech Conference 2
... Davol® pulsed lavage systems ... for quick, efficient removal ... and foreign material. Each ... optimal cleansing and irrigation ...
... Speed Pulse Lavage is a precision ... well as cleansing trauma and other ... system just got better and ... the addition of attachable couplers. same ...
... fixation staples are especially useful ... bone, including anterior cruciate reconstruction. ... fragment fixation, tendon and ligament ... growth. Four sizes are available, ...
The UNI_CLIP® is a reliable and stable compression staple....
Medicine Products: