United American Healthcare Corporation Announces Fiscal 2008 Third Quart...(http://www.uahc.com . United America...),Health

United American Healthcare Corporation Safe Harbor Statement

Forward-looking statements by United American Healthcare Corporation, including those in this announcement, involve known and unknown risks, which may cause actual results and corporate developments to differ materially from those expected. Factors that could cause results and developments to differ materially from expectations include, without limitation, the effects of state and federal regulations, the effects of acquisitions and divestitures, and other risks described from time to time in each of United American Healthcare's SEC reports, including quarterly reports on Form 10-Q, annual reports on Form 10-K, and reports on Form 8-K.

United American Healthcare Corporation and Subsidiaries

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

(in thousands, except per share data)

Three months ended Nine months ended

March 31, March 31,

2008 2007 2008 2007

Revenues

Fixed administrative

fees $3,612 $3,833 $10,995 $11,795

Variable

administrative fees 1,438 - 1,718 -

Medical premiums 2,900 372 7,689 372

Interest and other

income 325 345 1,109 780

Total revenues 8,275 4,550 21,511 12,947

Expenses

Medical expenses 2,538 325 6,953 325

Marketing, general and

administrative 4,483 4,228 12,763 11,937

Goodwill impairment 3,452 - 3,452 -

Depreciation and

amortization 58 27
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