Navigation Links
PHC Announces 19.2% Increase in Fiscal 2011 First Quarter Revenues
Date:11/10/2010

PEABODY, Mass., Nov. 10, 2010 /PRNewswire-FirstCall/ -- PHC, Inc., d/b/a Pioneer Behavioral Health (NYSE Amex: PHC), a leading provider of inpatient and outpatient behavioral health services, today reported financial results for the Company's 2011 first fiscal quarter ended September 30, 2010.

First Fiscal Quarter of 2011 Highlights

  • For the first fiscal quarter ended September 30, 2010, net patient care revenues increased 21% to $14.2 million from $11.8 million for the same period in 2009.
  • Income from continuing operations increased 247% to $1.2 million from $356,000 for the same period in 2009.
  • Net income applicable to common shareholders increased 204% to $679,000 from net income of $224,000 for the same period in 2009.
  • The Company's Board of Directors authorized the repurchase of up to one million shares of its Class A common stock for a one-year period commencing July 1, 2010. In the fiscal 2011 first quarter, the Company repurchased approximately 100,000 shares at an average price of approximately $1.11 per share.
  • The Company obtained Centers for Medicare and Medicaid Services (CMS) approval for the Seven Hills Behavioral Institute facility, located in Henderson, Nevada, which enables it to immediately accept patients enrolled in the Medicare program.

    • Fiscal First Quarter of 2011 Financial ResultsTotal net revenues from continuing operations for the three months ended September 30, 2010 increased 19.2% to $15.1 million compared to $12.6 million for the three months ended September 30, 2009. Net patient care revenues increased 21.0% to $14.2 million for the three months ended September 30, 2010 from $11.8 million for the three months ended September 30, 2009. This increase in revenue is due primarily to increased census at Seven Hills Hospital in Las Vegas, a retroactive increase from a service contract at Har
    '/>"/>

    SOURCE PHC, Inc., d/b/a Pioneer Behavioral Health
    Copyright©2010 PR Newswire.
    All rights reserved

    0

    GOOD

    Page: 1 2 3 4 5 6

    Related medicine technology :

    1. Dendreon Announces Publication of Phase 1 Study Highlighting Immunologic and Clinical Activity of Lapuleucel-T (Neuvenge(R)) in Advanced Breast Cancer Patients
    2. EDAP Announces Launch of Clinical Study Combining HIFU and Chemotherapy for Localized Aggressive High Risk Prostate Cancer
    3. Cephalon Announces Positive Results from a Pivotal Study of FENTORA in Opioid-tolerant Patients with Non-cancer Breakthrough Pain
    4. ADVENTRX Announces Fast Track Designation Granted By the FDA For CoFactor For the Treatment of Metastatic Colorectal Cancer
    5. DOV Pharmaceutical, Inc. Announces Successful Phase Ib Results for DOV 21,947
    6. Phosphagenics Announces Positive Phase 1b Transdermal Insulin Clinical Trial Results
    7. Xenomics Announces Implementation of its First Diagnostic Test for Acute Myeloid Leukemia Into Clinical Practice
    8. Emisphere Technologies, Inc. Announces 2007 Second Quarter Financial Results
    9. Amicus Therapeutics Announces Second Quarter 2007 Financial Results
    10. Genta Incorporated Announces Second Quarter 2007 Financial Results and Corporate Highlights
    11. MicroDose Announces Positive Results From the QDose Inhaled Insulin Glucose Clamp Study
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:5/20/2013)...  Volcano Corporation (NASDAQ: VOLC ) a ... designed to enhance the diagnosis and treatment of coronary ... its efforts to expand research and innovation surrounding its ... iFR ® (Instant Wave-Free Ratio™) 1 technologies, ... EuroPCR 2013 in Paris . ...
    (Date:5/20/2013)... 20, 2013  B. Braun Medical Inc. (B.Braun) ... safety with products, services and education focused on ... innovative Outlook® 400ES and Space Infusion Systems, and ... the American Association of Critical-Care Nurses (AACN) National ... Boston Convention Center. ...
    (Date:5/20/2013)... 20, 2013 Landauer, Inc. (NYSE: ... radiation measurement and monitoring, outsourced medical physics services and ... Board of Directors declared, at its meeting on May ... per share for the third quarter of fiscal 2013.  ... to shareholders of record on June 7, 2013. ...
    Breaking Medicine Technology:Volcano to Highlight its Physiology Expansion Efforts at EuroPCR 2013 2Volcano to Highlight its Physiology Expansion Efforts at EuroPCR 2013 3Volcano to Highlight its Physiology Expansion Efforts at EuroPCR 2013 4B. Braun Committed To Improving Patient Safety 2Landauer, Inc. Declares Regular Cash Dividend 2
    (Date:5/20/2013)... Heritage Woods of Gurnee , a ... is hosting Breakfast and Bingo at 8:30 a.m. on ... at 3775 Grand Ave. in Gurnee, Illinois, serves older ... need some help to maintain their independence. , "Come ... bingo," says Tammy Temaner-Rosas, Director of Marketing for Heritage ...
    (Date:5/20/2013)... (PRWEB) May 21, 2013 This week has ... Bite Prevention Week (May 19th-May 25th) is an awareness campaign ... attacks and by encouraging dog owners to properly train their ... , Michigan dog bite lawyers at Buckfire & ... in cases throughout Michigan. The personal injury law firm is ...
    (Date:5/20/2013)... 2013 The automated external defibrillator ... two categories - semi-automated and fully automated defibrillators. ... five categories, namely, hospitals, pre-hospital, public access, alternate ... 2017. Automated external defibrillators play an important role ... victims. Considering the life-saving potential of AEDs, legislations ...
    (Date:5/20/2013)... 21, 2013 For the third ... Best of Frederick Award in the Professional Standards ... (USCA). , The USCA "Best of Local Business" ... country. Each year, the USCA identifies companies that ... their local community and business category. These are ...
    (Date:5/20/2013)... Minneapolis, MN (PRWEB) May 20, 2013 When ... right bed is only part of the process. Much of ... over the internet involves not knowing what to expect. ... expert advice consumers can use to ensure their purchase proves ... When You Buy a Mattress Online ”, readers find helpful ...
    Breaking Medicine News(10 mins):Health News:Heritage Woods of Gurnee Affordable Assisted Living Community to Host Breakfast and Bingo 2Health News:Buckfire & Buckfire, P.C. Dog Bite Lawyers in Michigan Discuss National Dog Bite Prevention Week 2Health News:North America Leads Automated External Defibrillator Market (AED), Says New Research Report at ReportsnReports.com 2Health News:North America Leads Automated External Defibrillator Market (AED), Says New Research Report at ReportsnReports.com 3Health News:A2LA Receives 2013 Best of Frederick Award 2Health News:See What to Expect When You Buy a Mattress Online With Latest Guide From Best Mattress Online 2
    ... could you do with,$150,000? That,s the sum the ... for Gov. Sarah Palin., Contrast that with ... scrubs,for just $10 for a hospital shift. "The ... Geri Jenkins, RN, co-president of the California,Nurses Association/National ...
    ... key functionality & improved accountability. , ... West Palm ... released the newest version of Enterprise 101 On-site messaging software. In ... custom priority, pre-defined, or emergency alert message to a defined group ...
    ... ones at all times with Eyedentity Label. Custom made temporary tattoos provide ... Food allergy sufferers,epilepsy sufferers, Alzheimer,s patients, those living with non-speaking Autism ... have an additional tool for communication and to be returned to the ... ...
    ... WLP ) announced,that Angela Braly, president and CEO, appeared ... this evening. Ms. Braly focused on how all,aspects of ... to improve,both access to care and the quality of ... have made in the past few years, Ms.,Braly encouraged ...
    ... Oct. 28 ATS Medical, Inc.,(Nasdaq: ATSI ... and services, today announced that it will release,financial ... 2008 after the,market close on Monday, November 3, ... webcast on Monday, November 3, 2008 at 5:00 ...
    ... reduce the cost and time required for cancer drug ... online issue of the Journal of the National ... multistep process that involves in vitro tests, animal studiesoften ... designed rodent studies have led to missteps and delays ...
    Cached Medicine News:Health News:Nurses Present Palin Clothing Line Website ... and Other Ways the Money Could Have Been Spent 2Health News:InterPage L.P. Announces New Enhancements to Enterprise 101 Messaging Solution 2Health News:A Universal Gift of Peace of Mind 2Health News:A Universal Gift of Peace of Mind 3Health News:WellPoint President and CEO Angela Braly Appears at the Norfolk Forum 2Health News:ATS Medical Announces Third Quarter 2008 Earnings Release Date and Conference Call 2
    ... laser is ideal for small clinics and ... system, it combines the advantages of laser ... feel. The Novapulse system delivers short-duration, high ... which tissue is allowed to cool thus ...
    The compact size and portability of the Epic system makes it a cost-effective solution for single or multi-office use....
    ... The Pentacam images the anterior segment of ... measurement. This rotating process supplies pictures in ... is measured very precisely because of this ... less than two seconds and minute eye ...
    The Ahmed Glaucoma Valve has been successfully demonstrated to work in all types of glaucoma cases, particularly neovascular, congenital and uvietic glaucoma....
    Medicine Products: