Navigation Links
Providence Service Corporation Reports Q2 2011 Results In Line With Expectations
Date:8/8/2011

TUCSON, Ariz., Aug. 8, 2011 /PRNewswire/ -- The Providence Service Corporation (Nasdaq: PRSC) today announced its financial results for the second quarter ended June 30, 2011.  

For the second quarter of 2011, the Company reported revenue of $235.3 million, an increase of 5.8% from $222.3 million for the comparable period in 2010.  Revenue from Providence's non-emergency transportation (NET) services segment grew 6.7% to $142.0 million in the second quarter from $133.1 million in the prior year period.  Revenue from the social services segment increased 4.6% to $93.3 million, up from $89.2 million in the second quarter of 2010.  

Net income was $4.9 million, or $0.36 per diluted share, in the second quarter of 2011.  This compares to net income of $7.3 million, or $0.54 per diluted share, in the second quarter of 2010.  The Company benefitted from a $1.7 million quarter over quarter decline in interest expense as a result of refinancing its senior credit facility in the first quarter of 2011.

Providence's direct client census was approximately 59,100 at June 30, 2011, compared to approximately 58,100 at December 31, 2010 and 60,700 at June 30, 2010.  Year over year census was negatively impacted by a decline, primarily in workforce development, due to our non-renewal of one contract.  The Company had approximately 9.6 million individuals eligible to receive services under its NET contracts at June 30, 2011 compared to approximately 8.2 million at December 31, 2010 and approximately 8.0 million at June 30, 2010.  Direct contracts numbered 647 at June 30, 2011 up from 633 at June 30, 2010.  

For the first six months of 2011, the Company reported revenue of $463.1 million, an increase of 4.5% from $443.3 million in the first six months of 2010.  Revenue from Providence's NET services segment grew 5.8% to
'/>"/>

SOURCE Providence Service Corporation
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine technology :

1. Elsevier CPM Resource Center to Integrate Evidence-Based Clinical Content Software at Providence Health & Services
2. Medicalis Acquires RadWorkFlow from Inland Imaging and Providence Health Care
3. Providence Service Corporation Releases Fourth Quarter and Year End 2009 Results
4. Providence Service Corporation to Present at the Sidoti & Company, LLC Micro Cap Conference on Monday, January 11th and at the CJS Securities New Ideas for the New Year Conference on Thursday, January 14th
5. Treatment Shows Excellent Results for Providence Tarzana Patients Following Cardiac Arrest
6. Rifalazil Trial (PROVIDENCE-1) Fails to Provide Significant Clinical Benefit in Patients With Peripheral Arterial Disease
7. Providence Hospital Study Finds Communication System Leads to Faster Heart Attack Treatment
8. Symphony Corporation Acquires JGI to Provide End-to-End Services for Healthcare IT
9. Millennium Surgical Provides Services and Support to CURE Internationals Zambian Surgical Program
10. Lyophilisation for Pharmaceuticals: Technology and Services Market 2011-2021 - What are the Revenue Prospects?
11. RF Technologies® Establishes Partnership with HPSI® Purchasing Services
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/27/2014)... Mass. , Aug. 27, 2014 Decision ... that characterized the Memphis health ... way to clinical integration, with rivals Methodist Le Bonheur ... respective physician groups to coordinate patient care. In addition, ... which has the most health plan enrollment in the ...
(Date:8/27/2014)... 2014 ResearchMoz presents this most ... Market Outlook to 2020. New report, "United States Laparoscopes ... the United States Laparoscopes market . The report ... units) and average prices (in US dollars) within market ... Tip Video Laparoscopes), Robotic Surgical Systems and Rigid Tip ...
(Date:8/27/2014)... An experimental drug designed to help regulate the ... for anemia of inflammation, according to results from the first ... in Blood , the Journal of the ... Anemia is a condition that occurs when red blood cells ... an individual has anemia, the body does not get enough ...
Breaking Medicine Technology:Memphis-area Health Systems Turn Attention to Clinical Integration 2United States Laparoscopes Market Outlook, Analysis, Size, Share, Growth, Trends And Forecast 2020 2United States Laparoscopes Market Outlook, Analysis, Size, Share, Growth, Trends And Forecast 2020 3United States Laparoscopes Market Outlook, Analysis, Size, Share, Growth, Trends And Forecast 2020 4United States Laparoscopes Market Outlook, Analysis, Size, Share, Growth, Trends And Forecast 2020 5Drug Represents First Potential Treatment for Common Anemia 2Drug Represents First Potential Treatment for Common Anemia 3
... N.C., Nov. 16, 2011 Savvy executives in ... to remain competitive in today,s volatile healthcare environment. ... a business case for increased resources, justify costs, ... support pharmaceutical vice presidents, directors, and managers tasked ...
... Patient Safety Technologies, Inc. (the "Company", OTCBB: PSTX, ... quarter of 2011 ended September 30th, 2011. ... quarter of 2011, the number of institutions using the ... lost no customers.  This compares to approximately 57 institutions ...
Cached Medicine Technology:Pharmaceutical Investment & Cost Benchmarks Accessed Quickly Through Best Practices, LLC's New Database Search Function 2Patient Safety Technologies Reports Third Quarter 2011 Results 2Patient Safety Technologies Reports Third Quarter 2011 Results 3Patient Safety Technologies Reports Third Quarter 2011 Results 4Patient Safety Technologies Reports Third Quarter 2011 Results 5Patient Safety Technologies Reports Third Quarter 2011 Results 6Patient Safety Technologies Reports Third Quarter 2011 Results 7
(Date:8/28/2014)... 2014 The Foundation for Women’s ... in September by alerting women to the link between ... the symptoms of endometrial cancer. , Endometrial cancer ... most common cancer. More than 52,600 will learn of ... for women with weight management challenges to know the ...
(Date:8/28/2014)... PA (PRWEB) August 28, 2014 ... one of its clients, an inventor from California, has ... abdominal area. This invention is patented. , The “Abdominal ... to minimize the risk of injuries from physical activity ... due to surgery or muscular atrophy. Ideal for ...
(Date:8/28/2014)... (PRWEB) August 28, 2014 Altec ... and workflow solutions, announced today that they have ... the SoCal Chapter of the International Association of ... Services. IAMCP was founded in 1994, providing Microsoft ... and the IT community at large while facilitating ...
(Date:8/28/2014)... Dr. Stewart Shofner of ... the summer that recently headed off to college. According ... over 22 million students will attend college or university ... time attending classes, studying for exams, participate in sports ... eye problems. , Dr. Stewart Shofner shares five ...
(Date:8/28/2014)... Lauderdale, Fla. (PRWEB) August 28, 2014 A ... about the possibility of suicide contagion as a result of ... headlines, there is an increased risk of ‘copycat suicides’ among ... that the focus should not be on what happened—the suicide ... that lead to suicide. , “Suicide is a tragedy ...
Breaking Medicine News(10 mins):Health News:Foundation for Women's Cancer Alerts Women to Link Between Obesity and Endometrial Cancer 2Health News:InventHelp® Client Patents “Abdominal Swimming Support” – Invention Could Serve as an Alternative Flotation Device 2Health News:Altec and Bond Consulting Services Receive Award from the International Association of Microsoft Channel Partners SoCal Chapter 2Health News:Altec and Bond Consulting Services Receive Award from the International Association of Microsoft Channel Partners SoCal Chapter 3Health News:Renowned Eye Surgeon Dr. Shofner Shares Five Important Vision Tips For College Students 2Health News:Renowned Eye Surgeon Dr. Shofner Shares Five Important Vision Tips For College Students 3Health News:Sylvia Brafman Mental Health Center Warns of Suicide Contagion Following Robin Williams’ Death 2
... discovered by researchers at the University of North Carolina at ... forms of pancreatic cancer//, according to a study by an ... discovered six years ago by Dr. Carol Otey and her ... Brigham and Women’s Hospital in Boston. Otey has shown that ...
... An index comprising of the basic symptoms associated with ... its early stages, according to a new study.// This ... screening tool. ,The details of this study ... CANCER (http://www.interscience.wiley.com/cancer-newsroom), a peer-reviewed journal of the American Cancer ...
... H5N1 Outbreak as the Flu killed thousands of quails at a ... quails died over the weekend at a farm in Kimje, 262 ... have begun to cull the quails in the farm of the ... the third case since November 23 starting with an first outbreak ...
... Queensland (Australia) government has decided //to toughen its laws on ... cars carrying children. This comes in the wake of ... age, dies every 18 days, when exposed to cigarette smoke. ... of Queenslanders Report, 2006, made these comments. ,A ...
... Washington University School of Medicine have found out that successful ... dependence in many smokers. This study published in the December ... to look at smoking relapse among people who were "forced" ... has found that close to half of 154 smokers who ...
... face any kind of unforeseen pandemic, the province of Ontario ... disease control.// The officials, plan to form the centre on ... situated in Atlanta, U.S. ,Canadian media, quoting government ... intends to initiate proceedings to frame legislation, on the 12th ...
Cached Medicine News:Health News:Gene Discovered by Researchers Tied to Pancreatic Cancer 2Health News:A Basic Symptom Index For Early Detection Of Ovarian Cancer 2Health News:Lung Cancer Surgeries Doesn’t Help Breaking Nicotine Dependence in Smoker 2Health News:Lung Cancer Surgeries Doesn’t Help Breaking Nicotine Dependence in Smoker 3
... aqueous samples of moderate viscosity and density. Proven ergonomic design reduces hand ... Volume Range (ul) ... 2~5 Imprecision(%) ... 0.01 ...
... offers improved ergonomics for today's exacting ... grippy finger rest and the large ... efficiency. Finnpipette Digitals also feature soft-touch ... (pat. pend.) and super blow-out for ...
... Ultra is a fully adjustable, air-displacement pipette ... is the latest member of the Pipetman ... robustness, accuracy, and precision. We also added ... from our customers. Eight models cover the ...
Developed specifically for the 5000/5500 ultrasound consoles....
Medicine Products: