Navigation Links
Northstar Management Forecasts a Loss of $1.2 Million for 2010 at Its Palladium for Surgery -- Houston, Ltd. Centre

HOUSTON, March 1 /PRNewswire/ -- Despite Northstar 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."

Contact:  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. Westaim commences mailing of management information circular and announces new director
3. Acuo Technologies Announces Enhanced Offerings That Facilitate Management of Non-DICOM Objects
4. Lumension Enhances Compliance and IT Risk Management Solution for Greater IT GRC Efficiency
5. Gilsbar's Health & Lifestyle Management Program Wins First Place Award at the National Workforce Health Economics Summit
6. Vetted International Launches Medical Management Program to Service Kuwait
7. Enterprise SSO Manager From Tools4ever Revolutionizes Identity and Access Management
8. UMDNJs Health Information Management Program Trains Students for Careers in Fast-Growing Field
9. SSI Announces Its Fourth Generation Revenue Cycle Management Technology, ClickON ClaimSmart Suite
10. Landacorp Teams with Milliman Care Guidelines to Improve Care Management Capabilities for Health Plans
11. Qui Tam Attorney Tim Terry to Speak at Phoenix Thunderbird Chapter of the National Contract Management Association (NCMA)
Post Your Comments:
(Date:10/13/2015)... ... October 13, 2015 , ... The Lymphoma Research Foundation ... research and serving the lymphoma community through a comprehensive series of education programs, ... Hope; A Commitment to Cure last night at the Mandarin Oriental in New ...
(Date:10/13/2015)... — , ... ... Association of America (MOAA) will hold its 2015 annual meeting ... a free military career fair; informational seminars; a luncheon featuring ... the Joint Chiefs of Staff; and the Community Heroes Award ...
(Date:10/13/2015)... (PRWEB) , ... October 13, 2015 , ... Vision Group ... Vision of San Diego, California. With brands including The LASIK Vision Institute and TLC ... making it the nationwide leader in laser vision correction. , Global Laser Vision will ...
(Date:10/13/2015)... ... October 13, 2015 , ... PhyMed Healthcare Group , ... its partnership with WPC Healthcare , a provider of predictive analytics solutions ... data into an aggregated data repository necessary to perform reporting and analytics on ...
(Date:10/13/2015)... Texas (PRWEB) , ... October 13, 2015 , ... Symposium ... for the 19th annual Dallas Cosmetic Symposium to be held March 2nd and 3rd, ... place immediately afterwards, draws plastic surgeons and cosmetic physicians from around the world. , ...
Breaking Medicine News(10 mins):
(Date:10/13/2015)... YORK , Oct. 13, 2015 Pomerantz ... filed against Amicus Therapeutics, Inc. ("Amicus" or the "Company")(NASDAQ: ... filed in United States District Court, District of ... a class consisting of all persons or entities who ... 1, 2015 inclusive (the "Class Period"). This class action seeks ...
(Date:10/13/2015)... , Oct. 13, 2015  Vitamin Angels – ... and mothers in need of nutritional support - announced ... by the United Nations (UN). The UN,s newly established ... – are a recent follow up to the Millennium ... deadline for completion. The new 17 Global Goals intend ...
(Date:10/13/2015)... , Oct. 13, 2015   Generational Equity ... middle-market businesses, is pleased to announce the acquisition of ... in Largo, Florida , by Meridian ... on September 11, 2015. Florida ... --> Florida . To learn ...
Breaking Medicine Technology: