Navigation Links
Northstar Healthcare Inc. (TSX: NHC) Management Forecasts a Loss of $1.2 Million for 2010 at its Palladium for Surgery - Houston, Ltd. Centre
Date:3/3/2010

HOUSTON, March 3 /PRNewswire-FirstCall/ -- Despite Northstar Healthcare Inc. (TSX: NHC) management's recent claim that Mr. Kovnat's petition was frivolous; the same management team has just forecast a $1.2 million loss for 2010 at the Palladium for Surgery – Houston, Ltd. ("Palladium"). Northstar, following its announcement of a deal with United Healthcare, Inc. late last fall, claimed that although the per case revenue would go down, the volume of cases was expected to increase dramatically. At the time, Palladium was handling approximately 225 cases per month. Northstar's forecast, issued just last week, is based on just 75 cases per month at Palladium. The real numbers for January and February 2010 were in fact significantly lower. Paragraph 16 of Mr. Kovnat's petition was revised to add the following:

"…Indeed, Palladium's management projects that in spite of these drastic cuts, 2010 revenues will plunge by more than 70% compared to 2009, and Palladium will lose over $1.2 million in 2010."

Craig Smyser, +1-713-221-2330, for Brad Kovnat

SOURCE Brad Kovnat

Back to top
'/>"/>
SOURCE Brad Kovnat
Copyright©2010 PR Newswire.
All rights reserved

Related medicine news :

1. Northstar Healthcare Announces Option to Purchase a 60% Interest in The Palladium for Surgery - Dallas
2. Northstar Management Forecasts a Loss of $1.2 Million for 2010 at Its Palladium for Surgery -- Houston, Ltd. Centre
3. AtriCure to Present at Thomas Weisel Partners 2007 Healthcare Conference
4. BD to Present at the Bear Stearns 20th Annual Healthcare Conference
5. ATS Medical to Present at the 2007 Thomas Weisel Partners Healthcare Conference
6. Dr. Paul Bandt Celebrates 35th Anniversary With Desert Radiologists and a History of Healthcare in Las Vegas
7. Omnicell to Present at Thomas Weisel Healthcare Conference 2007
8. MDS to Present at Thomas Weisel Partners Healthcare Conference
9. Hospira to Present at the Bear Stearns 20th Annual Healthcare Conference on September 11
10. AMICAS to Present at Thomas Weisel Partners Healthcare Conference 2007
11. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/27/2017)... ... April 27, 2017 , ... The ... the 2017 Public Leadership in Neurology Award (PLINA). The couple joins a prestigious ... Bruschi, Vice President Walter Mondale, actor Michael J. Fox and former U.S. Attorney ...
(Date:4/27/2017)... ... ... Are you investing in the safety of your friends and family? Each ... While most of us assume this type of accident will never happen to us, ... taking the time to learn how to respond effectively or prevent these accidents from ...
(Date:4/26/2017)... ... April 26, 2017 , ... ... to announce the ATA 2017 President’s Awards recipients, comprised of organizations and ... healthcare delivery. , The ATA 2017 President’s Awards recognize individuals and ...
(Date:4/26/2017)... ... April 26, 2017 , ... Infertility may ... pelvic conditions and has helped many women become pregnant upon treating their diagnosis. ... office-based and simple outpatient evaluations. We can provide the necessary information to ...
(Date:4/26/2017)... ... April 26, 2017 , ... Bioclinica® ... sponsors and CROs to speed clinical development, has released the industry’s only ... Bioclinica AGILE RTSM provides seamless clinical supply forecasting and management together ...
Breaking Medicine News(10 mins):
(Date:4/20/2017)... -- Research and Markets has announced the ... Prospects: Addressing Production Complexities Through Risk Management and Quality ... ... and Market Prospects: Overcoming Production Complexities Through Risk Management ... the current trends in the global biosimilars market, with ...
(Date:4/20/2017)... Inc ., a digital health company focused on modernizing and ... $25 million in Series B funding led by Qiming US ... Seattle that is part of a broader family ... included participation from SR One , who led ZappRx,s ... Google Ventures). As part of the financing, Mark McDade ...
(Date:4/20/2017)... , April 20, 2017 NeuroVive Pharmaceutical ... today announced positive preclinical results demonstrating anti-fibrotic ... for non-alcoholic steatohepatitis (NASH), in an additional ... NV556 has previously shown similar anti-fibrotic ... Today, NeuroVive,s scientists present novel data demonstrating ...
Breaking Medicine Technology: