Navigation Links
United American Healthcare Corporation Announces Fiscal 2008 Third Quarter Results
Date:5/13/2008

DETROIT, May 13 /PRNewswire-FirstCall/ -- United American Healthcare Corporation (Nasdaq: UAHC), which owns and provides comprehensive management services to a full-service managed care organization in Tennessee, today announced financial results for its third fiscal quarter ended March 31, 2008.

Revenues increased 82 percent to $8.3 million for the third fiscal quarter ended March 31, 2008, compared with revenues of $4.6 million for the third quarter of the prior fiscal year. The increase in third fiscal quarter revenue is primarily attributable to medical premiums revenues of the Company's subsidiary, UAHC Health Plan of Tennessee (UAHC-TN), from its Medicare Advantage "Special Needs Plan" (MA-SNP), which comprised 35 percent of the Company's total revenues in the fiscal 2008 third quarter. The increase in MA-SNP revenues during the third fiscal quarter helped offset a 6 percent enrollment-related decrease in TennCare-related fixed administrative fee revenue from the prior fiscal year's third quarter. In addition, UAHC-TN had variable administrative revenues associated with the TennCare modified risk arrangement of $1.4 million in the fiscal 2008 third quarter. As of March 31, 2008, UAHC-TN's total enrollment was approximately 101,044 members, down from approximately 109,000 members a year earlier.

Total expenses increased 130 percent to $10.5 million in the fiscal 2008 third quarter, compared to $4.6 million in the prior fiscal year's third quarter, principally due to medical expenses related to UAHC-TN's MA-SNP, which was launched in Jan. 2007, and a goodwill impairment charge as discussed below.

On April 22, 2008, UAHC-TN learned that it will no longer have a TennCare contract to serve Medicaid beneficiaries in t
'/>"/>

SOURCE United American Healthcare Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine news :

1. New United States Postal Service stamp honors an American scientist
2. Dr. Said Hakki, President of Iraqi Red Crescent Organization, in the United States and Available for Interviews May 12-16
3. United American Healthcare Corporation to Host Fiscal 2008 Third Quarter Results Conference Call May 13th
4. Leading Provider United Seating & Mobility Implements Authentidates Inscrybe Healthcare Platform to Standardize and Streamline Administrative Processes
5. Statement by H.E. Jakaya Mrisho Kikwete, President of the United Republic of Tanzania, and Chairman of the African Union, in Response to UN-SG Call to Action on Malaria
6. United American Healthcare Corporation Provides Update on TennCare RFP Awards
7. United Nations Environment Programme and Bayer Corporation Announce North American Winners of International Childrens Painting Competition
8. Medco, UnitedHealth Group Announce Pharmacy Services Agreement
9. United Concordia Launches New Online Dental Health Center
10. Orchid Cellmark to Open a New Forensic Facility in the United Kingdom to Meet Increasing Demand for Its Services
11. Coastal Communities Hospital Workers Join United Healthcare Workers
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... 22, 2015 Deer Path of Huntley ... Valentine’s Day Happy Hour from 3 p.m. to 4 p.m. on ... Parkway in Huntley, Illinois, serves adults with physical disabilities between the ... include Valentine's Day treats, games and sweetheart-themed karaoke. , For more ...
(Date:1/22/2015)... January 23, 2015 LunaDress, with its top ... fashion industry. Now, the business is showing its latest designs ... dresses. , According to the company’s CEO, all the fresh ... offered with big discounts, up to 80% off. All the ...
(Date:1/22/2015)... Gabe’s Chemo Duck Program is pleased to announce ... ever created for kids with cancer. The Chemo Duck App, available ... filled with enjoyable games to help children of all ages living ... helps to keep kids entertained, educated and at ease while waiting ...
(Date:1/22/2015)... January 22, 2015 The Incredible Bulk is ... Pakulski to increase lean muscle by up to 30lbs in ... the attention of HealthyandFitZone.com’s Stan Stevenson, prompting an investigative review. ... is a step-by-step, scientific diet formula that allows the body ...
(Date:1/22/2015)... the premier women’s dress supplier, has recently released its ... of AngelWeddingDress.com to find more details. , Many ... a bridal party. AngelWeddingDress offers a variety of gorgeous ... wedding dresses are specially designed for 2015. , AngelWeddingDress ...
Breaking Medicine News(10 mins):Health News:Deer Path of Huntley Affordable Assisted Living to Host Valentine's Day Happy Hour 2Health News:LunaDress Shows The Latest Styles Of Wedding Dresses In 2015 2Health News:Chemo Duck Launches First App Ever Created for Kids with Cancer 2Health News:Chemo Duck Launches First App Ever Created for Kids with Cancer 3Health News:The Incredible Bulk: Review Examining Ben Pakulski’s Brand New Bulking Muscle Building Diet Program Released 2Health News:AngelWeddingDress Has Recently Released Its Collection Of 2015 Maternity Wedding Dresses 2
... studies has revealed that autism is far more complex than ... the National Institute for Mental Health// , seems to suggest ... 100 different genes. ,It turns out many ... certainly complicates the search for the specific genes contributing to ...
... oncology survey conducted in British Columbia, the cancer care provided ... conducted among 7000 cancer patients by the ministry of health. ... by 97.1% of the people and more than ninety percent ... to wait for a longer time for radiation treatments. ...
... who wear a special kind of no-line bifocal lenses ... a new study published in Investigative Ophthalmology & Visual ... children with two myopic parents, myopia progression was slower ... those wearing single-vision lenses (SVLs).Knowing parental myopia may be ...
... that exposure to phthalates not only causes reproductive problems ... resistance in adult males. This study was conducted by ... research adds to the growing suspicion that low-dose exposures ... testosterone levels or functions in men, and thereby contributing ...
... a major initiative to introduce female condoms across the ... usage study in six districts. ,The central ... the National Aids Control Organisation (NACO) began a nationwide ... Rs.3 to NGOs working with female sex workers. ...
... pressure could certainly be an indicator of one’s happiness. Researchers ... between a nation's overall happiness and its citizens' blood pressure ... people from across the European countries. ,These people were asked ... hypertension (high blood pressure) and so on. ,While ...
Cached Medicine News:Health News:Phthalate Exposure Affects Testosterone Levels and Fertility in Men 2Health News:India to Market Female Condoms 2
(Date:1/23/2015)... GAINESVILLE, Fla. , Jan. 23, 2015  HyGreen, Inc., ... distribution agreement and partnership with RCA Medical, a subsidiary ... Africa . Each year, hundreds of ... health care-associated infections as organisms are transmitted from patient ...
(Date:1/23/2015)... Cord Blood America, Inc. ( www.cordblood-america.com ) (OTC Bulletin Board: ... Preliminary Proxy Statement, Schedule 14A, with the U.S. Securities & ... for shareholders detailing why a "YES" vote to increase the ... As we reflect upon the 2014 fiscal year ...
(Date:1/23/2015)... , Jan. 23, 2015 Gem Pharmaceuticals announced today ... been enrolled into the Company,s Phase 2 clinical trial. ... of Gem,s lead compound, GPX-150 (an investigational medication), in ... metastatic disease. Logo - http://photos.prnewswire.com/prnh/20150123/170966LOGO ...
Breaking Medicine Technology:HyGreen Partners with RCA Medical in Johannesburg, South Africa 2Cord Blood America Announces Preliminary Proxy Filing and Details Why a "YES" Vote to Increase Authorized Shares Is Requested 2Cord Blood America Announces Preliminary Proxy Filing and Details Why a "YES" Vote to Increase Authorized Shares Is Requested 3Cord Blood America Announces Preliminary Proxy Filing and Details Why a "YES" Vote to Increase Authorized Shares Is Requested 4Gem Pharmaceuticals Announces Enrollment of Initial Patients in its Phase 2 Clinical Trial to Assess the Efficacy and Safety of GPX-150 in Sarcoma Patients 2
... , CARTERSVILLE, Ga. ; June 2 ... Women (GASC) – Georgia ,s first fully ... minor gynecological surgeries in a true ... facility specializes in laparoscopic and other highly advanced, ...
... (Nasdaq: FHCO ) announced that it has fulfilled an order for 3.5 million ... World Cup. The 2010 World Cup will take place in The Republic of ... . , , , ... three million tickets to the games, is expected to flood the country with visitors. ...
Cached Medicine Technology:New Georgia Advanced Surgery Center Provides Women Many Unique Benefits 2The Female Health Company Receives Order for 3.5 Million FC2 Female Condoms for Distribution at 2010 World Cup 2The Female Health Company Receives Order for 3.5 Million FC2 Female Condoms for Distribution at 2010 World Cup 3
... Trellis Infusion Catheter enables the physician to ... fluid, and disperse the agent by means ... Trellis is a multi-lumen catheter with two ... and infusion holes located between these balloons. ...
... ACRYSOF® UV-absorbing acrylic foldable single-piece posterior chamber ... of the human crystalline lens in the ... years of age and older. The optical ... soft acrylic material. These lenses have biconvex ...
... All USIOL lenses are manufactured ... and processes. Perspex CQ UV ... the multi-piece and single piece ... available in both nonphaco and ...
Single piece PMMA lens, AC depth: 4.9, 2 suture holes....
Medicine Products: