Navigation Links
Dialysis Corporation of America Reports Fourth Quarter and Year Ended December 31, 2008 Results
Date:3/5/2009

LINTHICUM, Md., March 5 /PRNewswire-FirstCall/ -- Dialysis Corporation of America (Nasdaq: DCAI) announced its financial results for the fourth quarter and year ended December 31, 2008.

  • Year end patient census approximated 2,000 including the patients at a Maryland dialysis center acquired December 31, 2008.
  • Operating revenues for the fourth quarter of 2008 were $23.7 million compared to $20.0 million for the same period last year, an 18% increase.
  • Operating income was $2.2 million for the fourth quarter of 2008 compared to $1.6 million for the same period last year.
  • Net income for the quarter was $858,000 or $0.09 per basic and diluted share compared to $1.0 million or $0.11 per basic and diluted share for the same period last year.
  • Operating revenues for 2008 were $86.8 million compared to $74.5 million for 2007, a 17% increase.
  • Operating income was $6.2 million for 2008 compared to $5.8 million for 2007.
  • Net income for 2008 was $2.8 million or $0.30 per basic and diluted share compared to $3.1 million or $0.32 per basic and diluted share for 2007.

Items impacting comparability between 2007 and 2008 include:

  • 2007 included tax benefits of $325,000 relating to the prior year's net operating losses that resulted in a lower effective tax rate for 2007 than for 2008.
  • Minority interest expense increased in 2008 by approximately $330,000 compared with 2007, primarily due to certain large minority owned facilities experiencing substantially better operating results in 2008.
  • Pre-tax costs associated with opening new centers were $641,000 for 2008 compared to $608,000 for 2007.
  • Non-cash stock compensation exp
    '/>"/>

SOURCE Dialysis Corporation of America
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8

Related medicine news :

1. Clinical trials present better alternatives for dialysis patients
2. Nighttime Home Dialysis a Boon for Kidney Patients
3. Nations Largest Dialysis Patient Organization Recognizes the Achievements of Patients and Leaders in Kidney Care
4. WellBound Teams With Kaiser Permanente to Open New Self-Care Dialysis Center in Sacramento, CA
5. New peritoneal dialysis diagnostic discovered
6. Early intervention dramatically improves outcomes for new dialysis patients
7. Dialysis Corporation of America Announces Third Quarter 2007 Earnings Release Date
8. Renal Solutions, Inc. Announces FDA 510(k) Clearance of New Design of the Allient(R) Sorbent Hemodialysis System for Chronic and Acute Hemodialysis
9. DaVita Emergency Response Efforts Ensure Vital Treatment for More than 700 Kidney Failure Patients in Need of Life-Saving Dialysis Treatments in Areas Affected by Southern California Wildfires
10. DaVita to Open First Independent Dialysis Clinic in Fargo-Moorhead
11. Home Dialysis Clinical Research Study is Underway - Focuses on At-Home Extended Duration Treatment
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/23/2014)... 2014 "When men sit down to ... with the dirty water inside the bowl, the interior ... one of two inventors from Naugatuck, and Bridgeport, Conn. ... this protective device." , They developed the IPSAFE to ... the water, bowl and seat. This minimizes exposure to ...
(Date:8/23/2014)... Angeles, CA (PRWEB) August 23, 2014 ... options trading system created by Greg Marks has been ... launch earlier this month. The commotion surrounding the new ... prompting an investigative review. , “In recent ... options trading software systems, commonly referred to as robots ...
(Date:8/23/2014)... MPWMD Board of Directors voted on Monday, August 18th to ... water for commercial and industrial properties. This was accomplished ... LLC in Carmel, California. , This is a historical ... in the State of California has approved this technology for ... time can now be used as a sole source of ...
(Date:8/23/2014)... Young adults in Athens, GA who find that they have a ... and call the new helpline which can offer support and guidance ... Teen Athens is a wonderful resource for an adolescent drug or ... to end substance abuse once and for all. When a young ... peers when really they should put their faith in a youth ...
(Date:8/23/2014)... 23, 2014 Teen drug and alcohol ... no different in Wilmington, NC. Substance abuse can happen ... victim to drug and alcohol dependency in higher numbers ... to overcome substance abuse, but don’t know where to ... facility can be a challenge because most treatment options ...
Breaking Medicine News(10 mins):Health News:Legal Insider Bot Review Examining Greg Marks’ Trading Software Released 2Health News:Historical Moment in the Monterey Peninsula, Brings Drought Relief Solution to California, with the Help of EcoloBlue and AWG Technology 2Health News:Teenagers in Athens, GA are Locating Addiction Recovery Thanks to New Helpline 2Health News:Troubled Teens Wilmington Helpline Guides Adolescents to the Path of Recovery 2
... prevent preterm births, , , TUESDAY, March 17 (HealthDay News) -- ... insurance for a premature baby could cover the medical costs ... from the March of Dimes claims. , Medical costs ... of which about $3,800 is covered by employer heath insurance. ...
... Leads the Way in Healthcare IT, Showcases Best ... The success of Massachusetts hospitals and physicians ... the importance of incentives, according to two studies ... and sponsored by Blue Cross Blue Shield of ...
... been awarded a project to provide interactive, high-quality medical video for ... Rivulet will be demonstrating the solutions being implemented at WFUBMC at ... Place West Building, Chicago, Illinois. Rivulet is in Booth #2428. ... ...
... Lilitah launches child-specific blanket lineDENVER, March 17 ... announced today the launch of Lilitah Baby; now ... in a size fit for little ones. ... gently change a user,s energy. Everything carries ...
... of Clinical Guidelines and Software Improves Quality Review ProcessSEATTLE, ... Improvement Organization (QIO) for Nebraska, recently signed a five-year ... Company, to use the Care Guidelines for ... Care Guidelines replace criteria sets that CIMRO ...
... Tough Times Call for Tough Physical/Mental Stimulus PlanORLANDO, ... new learning and fitness programs during the American ... Convention (AAHPERD) in Tampa, March 31-April 4 2009GeoFitness ... partnered with the rapper Rikshaw to launch the ...
Cached Medicine News:Health News:Tiniest Babies Carry Biggest Costs 2Health News:Tiniest Babies Carry Biggest Costs 3Health News:Massachusetts Studies Reveal Importance of Incentives in Healthcare Technology Adoption 2Health News:Massachusetts Studies Reveal Importance of Incentives in Healthcare Technology Adoption 3Health News:Massachusetts Studies Reveal Importance of Incentives in Healthcare Technology Adoption 4Health News:Wake Forest Baptist and Rivulet Connect New Operating Rooms with Interactive Video 2Health News:Wake Forest Baptist and Rivulet Connect New Operating Rooms with Interactive Video 3Health News:Childrens Bedding Naturally Enhances Emotional Well-being 2Health News:CIMRO of Nebraska Uses Milliman Care Guidelines(R) for Nebraska Medicare Reviews 2Health News:CIMRO of Nebraska Uses Milliman Care Guidelines(R) for Nebraska Medicare Reviews 3Health News:GeoFitness Launches 'Get Moving America' Campaign to Improve Youth Health 2
(Date:8/22/2014)...  - MediaLINC unlocks ... Lincor announced general availability of MediaLINC - ... range of education, entertainment and clinical content direct to ... , " Lincor has already ... engagement to bedside smart devices, " comments Dan ...
(Date:8/21/2014)... , Aug. 21, 2014  Aptuit LLC ... West Lafayette, Indiana , has enhanced its ... characterization of small and large molecules, including biologic ... the Bruker maXisPlus Q-TOF mass spectrometer. ... , CEO, Aptuit, said, "The expanded large molecule ...
(Date:8/21/2014)... 2014 The spinal column is one of the ... carried to and from the brain through the column control ... Injury or ailment here can be life altering, and leave ... control over their body. Though back injury and disease can ... are more options available to make things better than ever ...
Breaking Medicine Technology:Lincor Unveils Next Generation TV-based Patient Engagement Solution 2Aptuit SSCI Adds Ultra High Resolution Q-TOF Mass Spectrometer for Large & Small Molecule Analyses 2Don't Live in Pain: Four Life Improving Benefits of Back Surgery 2
... to 100 openly HIV-positive gay and bisexual men from across ... new letter ( http://tinyurl.com/pozPrEPletter ) calling for an open discussion, ... the challenges and opportunities presented by pre-exposure prophylaxis (PrEP) for ... The new open letter is designed in part to urge ...
... 15, 2011 meridianEMR ® , the Livingston, ... (EHR) for Urology, announces that its Advanced Monitoring ... other unusual activities on a practice,s meridianEMR server. ... practice to respond immediately in protecting patient records. ...
Cached Medicine Technology:Open Letter From HIV-Positive Prevention Advocates Rejects Misinformation About Pre-Exposure Prophylaxis (PrEP) 2Open Letter From HIV-Positive Prevention Advocates Rejects Misinformation About Pre-Exposure Prophylaxis (PrEP) 3meridianEMR Advanced Monitoring System Catches Security Breach 2meridianEMR Advanced Monitoring System Catches Security Breach 3
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
Medicine Products: