Navigation Links
Nyer Medical Group, Inc. Reports Revenues of $19.0 Million for the Quarter Ended December 31, 2008
Date:2/19/2009

s is estimatable for dispensing fees.

Selling, general and administrative expenses for the second quarter of fiscal 2009 increased $0.3 million or 7.2% to $4.9 million from $4.6 million as reported for the second quarter of fiscal 2008 primarily due to increased payroll costs related to the four newly opened locations partially offset by a decrease in administrative expenses.

"The reorganization of Nyer Medical and streamlining of operations continued into the second quarter of fiscal 2009," President and CEO Mark Dumouchel said. "During the second quarter of fiscal 2009, we sold our lower margin Topsfield location and entered into a contract with the East Boston Neighborhood Health Center to assume management of the Health Center's pharmacy already in operation, which immediately became our highest volume location in terms of prescriptions dispensed. As of December 31, 2008, we had successfully integrated the pharmacy dispensing software platform, the robotic dispensing unit, the work-flow software, and the point of purchase software. While the process was taxing on operational resources, we believe the changes were necessary in order to maximize the long-term profit potential of the pharmacy." Dumouchel further stated, "Our restructuring and growth initiatives have been costly in the short-run but we remain confident that our efforts will prove to be profitable for us and beneficial to our shareholders in the long run."

About Nyer Medical Group

Nyer Medical Group, Inc. is a holding company that through its pharmacy subsidiary operates pharmacies and provides pharmacy management services to various not-for-profit entities in the greater Boston area.

For further information contact Mark Dumouchel (508) 429-8506, extension 16.

Safe Harbor for Forward-Looking Statements

Certain statements contained in this press release are
'/>"/>

SOURCE Nyer Medical Group, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine news :

1. MSU engineering team designs innovative medical device
2. ATS Medical to Present at the 2007 Thomas Weisel Partners Healthcare Conference
3. Providence St. Joseph Medical Center, Caregivers Reach Agreement on a Union Contract
4. Owner and Operator of Florida Durable Medical Equipment Company Convicted of Medicare Fraud
5. Father and Daughter From Tanzania Receive Their First Medical Examination in Newport Beach
6. Doctors and medical ethicist discuss whether doctors should participate in capital punishment
7. Preparation for Natural Disasters Critical for People With Diabetes, Chronic Medical Conditions
8. Doctors and Medical Ethicist Discuss Whether Doctors Should Participate in Capital Punishment
9. Symmetry Medical Completes Acquisition Of Specialty Surgical Instruments
10. Milestone Scientific Announces Successful Completion of its Collaboration Agreement With Carticept Medical
11. FDA Seeks to Regulate Complementary and Alternative Medicine; Products Such as Vegetable Juice Could Be Restricted for Medical Use
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/22/2014)... Pasadena, CA (PRWEB) December 22, 2014 ... is now offering consultations for sleep apnea. Drowsy drivers ... crashes than drivers who are well-rested, and some experts ... on the roads as intoxicated drivers. Unfortunately, millions of ... to the American Academy of Sleep Medicine, about 18 ...
(Date:12/22/2014)... TheHardwareCity.com now stocks MagnoGrip Pro Utility ... features. Customers of the large online tool shop enjoy ... delivered to their home or workplace with free shipping. ... incorporate heavy duty magnets, which make work easier. The ... store metal parts on the back of their hand, ...
(Date:12/22/2014)... City, NY (PRWEB) December 22, 2014 ... as a 2014 Professional Woman of the Year. Ms. ... in business. As the largest, most-recognized networking organization of ... and profession, the National Association of Professional Women is ... and nearly 300 Local Chapters. , “As a nurse, ...
(Date:12/22/2014)... The NLN’s 2015 Leadership ... this month. Faculty have been selected through competitive ... fast-tracked for administrative leadership roles within their academic ... Simulation Educators, featuring a curriculum uniquely devised for ... , Twenty nurse educators were chosen for ...
(Date:12/21/2014)... 22, 2014 In this report, ... by power source, product, and application. The market, ... and pneumatic instruments. By product, the market covers ... segments. The handpieces market is further subdivided into ... coagulators, laparoscopic instruments, shavers, wire/pin drivers, and others. ...
Breaking Medicine News(10 mins):Health News:Pasadena Dentist, Dr. Marine Martirosyan, Now Offers Consultations for Sleep Apnea 2Health News:MagnoGrip Pro Utility Magnetic Gloves on Sale at TheHardwareCity.com 2Health News:National Association of Professional Women Announces Michelle M. Foley, Vice President of Operations of OTTR Chronic Care Solutions, a 2014 Professional Woman of the Year 2Health News:NLN Leadership Institute Announces 2015 Cohorts 2Health News:NLN Leadership Institute Announces 2015 Cohorts 3Health News:Global Powered Surgical Instruments Market Hit to $2.1 billion by 2019 - New Research Report by MarketsandMarkets 2Health News:Global Powered Surgical Instruments Market Hit to $2.1 billion by 2019 - New Research Report by MarketsandMarkets 3Health News:Global Powered Surgical Instruments Market Hit to $2.1 billion by 2019 - New Research Report by MarketsandMarkets 4
... may last up to a week , TUESDAY, Sept. 15 ... be contagious longer than patients with ordinary seasonal flu, several ... the findings will have on health-care experts, recommendations to combat ... relatively mild infections in most people and recovery time is ...
... activity patterns may explain why some people are able to ... according to a new study by researchers with The Miriam ... have kept the weight off for several years were shown ... areas of the brain associated with behavioral control and visual ...
... , , ... Transcatheter Cardiovascular Therapeutics (TCT) Conference, to take place in San Francisco ... of EVEREST registry clinical results of the MitraClip(R) therapy for patients ... heart valve insufficiency in the United States and Europe, and affects ...
... CHICAGO, Sept. 15 As sexually transmitted diseases and infections rise ... and digital media as tools to assist in the fight against them ... or "edu-tain," young adults about this important topic in the digital medium ... O, Mission,s main objective is to help destigmatize this topic ...
... , CHERRY HILL, N.J., Sept. 15 Nuvilex, Inc. ... joint venture partner, has informed the Company that Reme-Flu(TM) will soon ... of the top-rated websites in the world. Reme-Flu(TM) is a ... flu-type symptoms resulting from influenza-like illnesses, including swine flu ...
... , , LAS VEGAS, Sept. 15 ... digging holes in the backyard? Could I be doing more to make ... you the answers -- but his DNA can. Wisdom Panel (TM) ... can help explain a mixed-breed dog,s ancestry. , , The ...
Cached Medicine News:Health News:People With Swine Flu May Be Contagious Longer Than Thought 2Health News:People With Swine Flu May Be Contagious Longer Than Thought 3Health News:Brain's response to seeing food may be linked to weight loss maintenance 2Health News:Ongoing Progress of MitraClip(R) Therapy Highlighted at TCT 2009 2Health News:Ongoing Progress of MitraClip(R) Therapy Highlighted at TCT 2009 3Health News:Ongoing Progress of MitraClip(R) Therapy Highlighted at TCT 2009 4Health News:Unique Webisode Series, 'The 'O' Mission,' Helps Normalize Sexual Health Conversations for Young Adults as Social Networking Changes the Dating Scene 2Health News:Unique Webisode Series, 'The 'O' Mission,' Helps Normalize Sexual Health Conversations for Young Adults as Social Networking Changes the Dating Scene 3Health News:Unique Webisode Series, 'The 'O' Mission,' Helps Normalize Sexual Health Conversations for Young Adults as Social Networking Changes the Dating Scene 4Health News:Nuvilex, Inc. Announces That Reme-Flu(TM) Will Be Available For Sale On Top-Rated Internet Website 2Health News:Nuvilex, Inc. Announces That Reme-Flu(TM) Will Be Available For Sale On Top-Rated Internet Website 3Health News:Nuvilex, Inc. Announces That Reme-Flu(TM) Will Be Available For Sale On Top-Rated Internet Website 4Health News:Mars Veterinary Offers New 'Insights' Into Mixed-Breed Dogs 2Health News:Mars Veterinary Offers New 'Insights' Into Mixed-Breed Dogs 3
(Date:12/19/2014)... , December 19, 2014 ... services in the World announced the appointment of ... R. Vonsée, as Chief Channels and Partner Officer. ... since 2004 through to its acquisition by Oracle in ... Director at Geneva and subsequently ...
(Date:12/19/2014)... , Dec. 19, 2014 You,re visiting ... checkup and cleaning when he or she says you ... probably heard before, you may have several questions and ... be relieved to know it,s nothing to worry about. ... patients, questions and alleviate any anxiety the public may ...
(Date:12/19/2014)... Dec. 19, 2014 Breckenridge Pharmaceutical, Inc. announced ... with MSN Laboratories Pvt. Ltd. ( Hyderabad, India ... commercialize several new ANDAs.  Under the terms of the ... exclusively to Breckenridge for the U.S. market, and Breckenridge ... Breckenridge and MSN have agreed to develop an oral ...
Breaking Medicine Technology:Aegate Appoints new CTO and Chief Channels & Partner Officer 2Aegate Appoints new CTO and Chief Channels & Partner Officer 3Aegate Appoints new CTO and Chief Channels & Partner Officer 4Root Canals Have Become More Routine 2Breckenridge Pharmaceutical signs Multi-Product Generic Agreement with MSN Laboratories Pvt. Ltd. 2
... Osseon Therapeutics, Inc., a biomedical device company based in ... Allowance (NOA) for its spinal vertebral compression fracture (VCF) ... has two allowed and twelve additional patent applications pending ... world for spinal therapies and devices.   ...
... and Company (NYSE: LLY ) will announce its ... October 21, 2010.  Lilly will also conduct a conference call ... further detail the company,s financial performance. The ... a.m. EDT.  Investors, media and the general public can access ...
Cached Medicine Technology:Osseon Receives Second Patent Allowance for Minimally Invasive Vertebral Compression Fracture Treatment Devices 2
... CHLAYMDIA OIA test delivers 100% specificity ... in 19 minutes. With as ... returning for follow-up, this assay provides ... can contribute to detection and treatment ...
Shielding's Wrap-Around Apron is designed for front and back protection. This apron features extra wide shoulders distributing weight over a greater area to reduce fatigue....
Shielding's Velcro Adjustable Apron has two velcro flaps which aid in relieving weight off the shoulders. Its comfortable fit is attained by varying the position of flaps....
Upper arm protection...
Medicine Products: