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:3/4/2015)... , March 4, 2015  Nevro Corp. (NYSE: ... developed and commercialized an innovative, evidence-based neuromodulation platform for ... will release financial results for the fourth quarter  and ... March 18, 2015. Company management will host a conference ... Eastern Time) on Wednesday, March 18, 2015. ...
(Date:3/4/2015)... 4, 2015  Mail-service and specialty pharmacies will ... and government health plans $11.8 billion over the ... Pharmaceutical Care Management Association (PCMA). "Home ... of the easiest ways to reduce health costs," ... . "Policymakers should resist efforts to restrict these ...
(Date:3/4/2015)... PHILADELPHIA , March 4, 2015 ... be attending the 2015 Distribution Management Conference and ... This conference is HDMA,s largest supply chain education ... and third parties who keep the pharmaceutical distribution ... spotlight on regulatory and legislative issues important to ...
Breaking Medicine Technology:PCMA: Report Shows High-Tech Specialty and Mail-Service Pharmacies Will Reduce Costs for Illinois Employers, Consumers and Public Programs by $11.8 Billion 2
(Date:3/5/2015)... California (PRWEB) March 05, 2015 Developers ... plugins have announced a new effect preset entitled ... allows users to take advantage of combining halftone and ... competition,” said Christina Austin, CEO of Pixel Film Studios. ... users will love.” , With ProHalftone users can now ...
(Date:3/5/2015)... (PRWEB) March 05, 2015 Affirmed Housing ... for Cielo Carmel on March 4 at 10AM. ... speakers: Sherri Lightner, Council president, City of San ... Charmaine Atherton, Senior Vice President, Southern California Community Development, ... & CEO, San Diego Housing Commission. , ...
(Date:3/5/2015)... 2015 In recognition of its ongoing ... Soho Flordis International (SFI) has been honored by the ... global natural medicine company committed to identifying and developing ... safety, and effectiveness. For these efforts the non-profit ABC ... Investment in Phytomedicinal Research Award. , Phytomedicinal research ...
(Date:3/5/2015)... Atlanta, GA (PRWEB) March 05, 2015 ... Kung Fu for Health and Wellness at Atlanta Shaolin ... 2015 on 4350 Peachtree Industrial BLVD, Suite 500A, city ... SCF (Shaolin Chan Foundation), which is a non-profit organization ... culture, arts, philosophy and medicine. , The seminar ...
(Date:3/4/2015)... 2015 Understanding China’s New Medical Device ... – 3:00 p.m. EDT, http://www.fdanews.com/UnderstandingChinaMDRegs , There ... for medical devices in China. , These new ... research and development, approval, manufacturing, distribution, and post-market surveillance. ... in development as well as those that are already ...
Breaking Medicine News(10 mins):Health News:Pixel Film Studios Released ProHalftone Exclusively for Final Cut Pro X Editors 2Health News:SD City Council President Sherri Lightner and Affirmed Housing Break Ground on Affordable Homes in Carmel Valley 2Health News:SFI Receives Prestigious ABC’s Tyler Award Given For Global Research Effort 2Health News:SFI Receives Prestigious ABC’s Tyler Award Given For Global Research Effort 3Health News:Top Martial Arts Master Wu Bin of China, Has Successfully Conducted a Time-Honored Kung Fu Seminar for Health & Wellness at Shaolin Institute, Atlanta, GA 2Health News:Top Martial Arts Master Wu Bin of China, Has Successfully Conducted a Time-Honored Kung Fu Seminar for Health & Wellness at Shaolin Institute, Atlanta, GA 3Health News:FDAnews Announces: Understanding China’s New Medical Device Regulations Webinar, March 26, 2015 2Health News:FDAnews Announces: Understanding China’s New Medical Device Regulations Webinar, March 26, 2015 3
... / Heidelberg, 9 January 2012 -- Confronted with a high ... treat aggressively with medications. According to new research, however, delaying ... be harmful. The delay allows doctors and their patients to ... and exercise. According to Neda Laiteerapong and colleagues from the ...
... Center researchers identified a new culprit that leads to ... into plaque and narrows arteries. The research, published online ... explains why cholesterol-laden, coronary artery disease-causing cells called macrophages, ... macrophages that accumulate in plaques secrete a molecule called ...
... Reporter , FRIDAY, Jan. 6 (HealthDay News) -- Annual ... new study that is unlikely to quell the controversy ... "Organized prostate cancer screening when done in addition to ... result in any apparent benefit, but does result in ...
... Jan. 9 (HealthDay News) -- Most parents who have genetic ... children, a new study finds. Researchers interviewed 253 parents ... cancer-related genes (BRCA1 and BRCA2) that can be inherited. All ... time of the genetic test. Twenty-nine percent of the ...
... Researchers at the Translational Genomics Research Institute (TGen) have ... lead to lung cancer in never-smokers a first ... the starting point. We certainly have a lot of ... be very interested in confirming and looking at in ...
... found that when parents get tested for breast cancer genes, ... with those who are very young. Published early online in ... Society, the study also revealed that most parents think that ... test results. For parents, one of the primary motivations ...
Cached Medicine News:Health News:Blood pressure control: Now or later? 2Health News:Researchers discover new culprit in atherosclerosis 2Health News: PSA Test for Prostate Cancer Doesn't Save Lives: Study 2Health News: PSA Test for Prostate Cancer Doesn't Save Lives: Study 3Health News:Most Parents Tell Kids About Test Results for Breast Cancer Genes 2Health News:TGen researchers map potential genetic origins, pathways of lung cancer in nonsmokers 2Health News:Most parents who get tested for breast cancer genes share results with their children 2
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
Medicine Products: