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

eptember, the first full month of profitability for this facility. In addition, our balance sheet remains strong and we continue to reduce the minimal remaining debt."

As of September 30, 2010, the Company had cash and cash equivalents of $3.1 million compared to $4.5 million as of June 30, 2010. Stockholders' equity improved to $17.9 million as of September 30, 2010 from $17.3 million as of June 30, 2010.

The Company will hold a conference call at 10:00 a.m. eastern time today, to discuss the results. Interested parties should dial (866) 831-6247 (domestically) or (617) 213-8856 (internationally) and use conference passcode 94235247. A replay of the call will be available for 30 days and can be accessed by dialing 888-286-8010 (domestically) or 617-801-6888 (internationally), using passcode 45490712.

The conference call will be webcast live on the internet at Pioneer Behavior Health's website at: http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=71354&eventID=3474561.

About PHC d/b/a Pioneer Behavioral HealthPHC, Inc., d/b/a Pioneer Behavioral Health, is a national healthcare company providing behavioral health services in five states, including substance abuse treatment facilities in Utah and Virginia, and inpatient and outpatient psychiatric facilities in Michigan, Pennsylvania, and Nevada. The Company also offers internet and telephonic-based referral services that includes employee assistance programs and critical incident services. Contracted services with government agencies, national insurance companies, and major transportation and gaming companies cover more than one million individuals. Pioneer helps people gain and maintain physical, spiritu
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SOURCE PHC, Inc., d/b/a Pioneer Behavioral Health
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