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:10/13/2017)... ... ... Yisrayl Hawkins, Pastor and Overseer at The House of Yahweh, has released ... understood books in the Holy Scriptures, Revelation. The Book of Revelation paints a picture ... Many have tossed it off as mere rubbish, but Yisrayl Hawkins says that is ...
(Date:10/13/2017)... ... , ... “The Journey: From the Mountains to the Mission Field”: the story ... the Philippines. “The Journey: From the Mountains to the Mission Field” is the creation ... has taught all ages and currently teaches a class of ladies at her church, ...
(Date:10/12/2017)... ... 12, 2017 , ... CitiDent and San Francisco dentists, Dr. ... Oventus O2Vent technology. As many as 18 million Americans are estimated to suffer ... Oral appliances can offer significant relief to about 75 percent of people with ...
(Date:10/12/2017)... Fla. (PRWEB) , ... October 12, 2017 , ... IsoComforter, ... therapy products, announced today the introduction of an innovative new design of the shoulder ... pad so you get maximum comfort while controlling your pain while using cold therapy. ...
(Date:10/12/2017)... , ... October 12, 2017 , ... ... delivery system that we intend to develop to enable prevention of a major ... to severe hearing loss, especially in pediatric patients. For cisplatin, hearing loss is ...
Breaking Medicine News(10 mins):
(Date:10/10/2017)... , Oct. 10, 2017  NDS received FDA 510(k) clearance ... a medical-grade battery-powered display stand specifically designed for endoscopy environments. An ... technology into a clinical solution to support the improvement of patient ... Innovative Design ... Wireless Solution ...
(Date:10/7/2017)... Oct. 6, 2017   Provista, a proven ... $100 billion in purchasing power, today announced a new ... The Newsroom is the online home for ... infographics, expert bios, news releases, slideshows and events. ... a wealth of resources at their fingertips, viewers can ...
(Date:10/4/2017)... South Korea , Oct. 4, 2017  South ... its next-generation CPR training aide "cprCUBE" on Kickstarter. The ... chest compression during cardiac arrests with better efficiency compared ... It also offers real-time feedback on efficacy of the ... The crowdfunding campaign has a goal to raise $5,000. ...
Breaking Medicine Technology: