Navigation Links
Spine Pain Management, Inc. Reports Strong Performance in 2010 Financial Results and Sets Shareholder Conference Call.
Date:4/8/2011

HOUSTON, April 8, 2011 /PRNewswire/ -- Spine Pain Management, Inc. (OTC Bulletin Board: SPIN), through its Chief Executive Officer, William F. Donovan, M.D., is pleased to report financial results for the year ending December 31, 2010.  This year's report covers the first full year of operations where results were totally derived from SPIN's new business model put into operation in August 2009.  For 2010, net revenue was $3,389,581, and net income was $1,101,550 or $.06 per share.  For 2009, net revenue was $540,505, and there was a net loss of $720,526 or $.05 per share.  

The company recorded $3,389,581 in net revenues with $1,425,399 in costs of services and gross profit of $1,964,182 for the year ended December 31, 2010.
For the same period in 2009, the company recorded $540,505 in net revenues with $349,400 in costs of services and gross profit of $191,105.
These increases are directly attributable to revenues generated from the company's spine injury diagnostic centers in Houston and McAllen, Texas.

The company recognizes revenue by reference to "net revenue," which is gross amounts billed using CPT (Current Procedural Terminology) codes less account discounts that are expected to result when individual cases are ultimately settled.  Accordingly, the company had gross revenues of $6,528,194 with net revenues of $3,389,581 for the year ended December 31, 2010, versus gross revenues of $982,736 with net revenues of $540,505 for the year ended December 31, 2009.

During the twelve month period ended December 31, 2010, the company's operations focused on continued development of its spine injury diagnostic business in the Houston area and opening its second spine injury diagnostic center in McAllen, Texas in June 2010.
During the twelve month period ended December 31, 2009, the company's operations focused on develop
'/>"/>

SOURCE Spine Pain Management, Inc.
Copyright©2010 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6

Related medicine technology :

1. Life Spine® Initiates U.S. Surgeon Training Program for Minimally Invasive Procedures
2. RSB Spine, LLC, Announces Record First-Quarter 2011 Revenue
3. Laser Spine Institute Directors And Surgeon Publish Case Study
4. LaVoie Group Wins Gold Mercury Award For Medical Device Company, Alphatec Spine
5. Zimmer Spine Introduces Industrys First Porous Metal Cervical Interbody Device
6. SpineSmith Successful in VisuALIF Alpha Launch
7. American Orthopedic Spine Surgeon Successfully Treated for Autoimmune Arthritis with His Own Stem Cells
8. Interventional Spine®, Inc. Appoints Stephen Colaiezzi, Senior Vice President, Strategic Marketing
9. RSB Spine, LLC, Announces Record 2010 Revenue Growth
10. SyncMedical Receives ANVISA Regulatory Approval to Offer Spine and Internal Medicine Products in Brazil
11. Life Spine® Announces Completion of Surgeries Utilizing OCTAVE™ Posterior Fusion System
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/24/2013)... , May 24, 2013 The ... for systemic delivery of therapeutic agents has been receiving ... drug delivery showing significant promise. The crucial formulation considerations ... delivery device play a major role in the efficiency ... in the development of new formulation techniques and devices ...
(Date:5/23/2013)... de mayo de 2013  Volcano Corporation (NASDAQ: ... fabricante de herramientas de precisión para terapia guiadas ... la enfermedad vascular periférica y coronaria, anunció hoy ... enosine V asodilator I ndependent ... sesión de ensayo clínico hot line late breaking ...
(Date:5/23/2013)... Nephros, Inc. (OTC Bulletin Board: ... develops and sells high performance liquid purification ultrafilters, announced ... addition, the concurrent temporary reduction in exercise price for ... 2013. Nephros estimates that it will receive ... A portion of the proceeds will be used for ...
Breaking Medicine Technology:Inhalaltion Drug Delivery: 11-12 September - Berlin, Germany 2Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 2Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 3Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 4Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 5Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 6Nephros Announces Completion of Rights Offering 2Nephros Announces Completion of Rights Offering 3Nephros Announces Completion of Rights Offering 4
... Calif., Sept. 27, 2011 The Wireless-Life Sciences Alliance ... 2011, where researchers from global institutions such as MIT, ... share the best new research and significant advances in ... government and industry. The conference is ...
... Sept. 27, 2011 In mid September, Harris Interactive ... for health care and which types of Medicare spending ... reduce the budget deficit.   Nearly four ... government should strengthen patients, access to home medical equipment ...
Cached Medicine Technology:Aging-in-Place Research Breakthroughs To Be Presented At Wireless Health 2011 Conference 2Aging-in-Place Research Breakthroughs To Be Presented At Wireless Health 2011 Conference 3Americans Favor Investment in Community and Home-Based Health Care, According to Harris Interactive Survey, September 2011 2Americans Favor Investment in Community and Home-Based Health Care, According to Harris Interactive Survey, September 2011 3
(Date:5/25/2013)... 2013 Radius Engineering International Inc., ... in the US and has been building concrete, ... 35 years. M.E. and President, Walton McCarthy, author ... Weapon Fundamentals and Shelter Engineering Standards, Sixth Edition, ... shelter engineering. McCarthy is considered the leading expert ...
(Date:5/25/2013)... 25, 2013 Providing patients with their best ... team of weight management professionals. But, aside from educating patients ... Diet Doc’s hCG diets also provide patients, who ... childhood like bullying, more control over their lives by achieving ... with the underlying factors of weight gain derived from earlier ...
(Date:5/25/2013)... May 25, 2013 On May 20, 2013 ... do not wish to discuss or plan for their eventual ... FuneralFinancials.com released a Must-Do List to help people ... Financials recommends, “Creating a personal fact sheet.” , While not ... financial information and personal data. It may include a ...
(Date:5/25/2013)... (PRWEB) May 25, 2013 The ... ranging from irritable bowel syndrome (IBS) to bloating, ... among the most long-lasting, embarrassing, frustrating and difficult ... foods for digestive health have provided a ... are many factors contributing to digestive health issues, ...
(Date:5/25/2013)... York, NY (PRWEB) May 25, 2013 ... dedicated to brain cancer research and advocacy, comments on ... Extraterrestrial Physics, that shows incorporating cold atmospheric plasma into ... cells. , According to a Science Daily ... Extraterrestrial Physics (MPE), biologists and physicians demonstrated the “synergistic ...
Breaking Medicine News(10 mins):Health News:Radius Engineering International Inc. Offers Tools to Stay Safe and Recover From Any Disaster 2Health News:Radius Engineering International Inc. Offers Tools to Stay Safe and Recover From Any Disaster 3Health News:hCGTreatments / Diet Doc hCG Diets & Weight Loss Plans Announces hCG Diet Plans for Those Suffering from Abuse-Related Weight Gain 2Health News:hCGTreatments / Diet Doc hCG Diets & Weight Loss Plans Announces hCG Diet Plans for Those Suffering from Abuse-Related Weight Gain 3Health News:FuneralFinancials.com Releases Last Wishes Must-Do List 2Health News:Natural Foods For Digestive Health Report and Video Published by BetterDigestion.org 2Health News:Voices Against Brain Cancer Comments on Study that Shows Cold Plasma’s Success Against Brain Cancer Cells 2
... NEW YORK, July 13 Next week, the Center for ... in six states demonstrating that attacks, harassment, discriminatory legal restrictions and stigma ... reproductive rights. The report will be released at a briefing for ... July 22 , at 12:30 p.m. in room ...
... study by researchers from the Automotive Safety Program at Riley ... online July 13, 2009 in the journal Pediatrics ... needs are doing a good job with the selection of ... using it correctly. The study, one of the first ...
... ALISO VIEJO, Calif., July 13 Bausch & Lomb announced ... Administration (FDA) to market the Crystalens HD(TM) in quarter ... intraocular lens (IOL) was first approved by the FDA in November ... the celebration of the Crystalens HD first anniversary of ...
... , , CHICAGO, July 13 ... and fair 12-month budget that does not include deep cuts to ... to override Governor,s veto of (S.B. 1197) which included cutting human services programs ... the state have begun to lay off staff and close offices. , ...
... are not cognitively impaired, study finds , MONDAY, July 13 ... could cut their odds of Alzheimer,s and other cognitive decline ... as having one to two drinks a day, the study ... a nearly 40 percent drop in dementia risk, compared with ...
... , WASHINGTON, July 13 The American ... specialists, will honor six scientists who have made significant contributions to ... Ernest Beutler Lecture and Prize, will be presented at the 51st ... , , Past ASH president ...
Cached Medicine News:Health News: Making the difficult task of transporting a child with special needs safer 2Health News:Bausch & Lomb Receives Approval of Crystalens HD in Quarter Diopter Steps 2Health News:Bausch & Lomb Receives Approval of Crystalens HD in Quarter Diopter Steps 3Health News:Illinois Human Service Providers Announce Layoffs 2Health News:Illinois Human Service Providers Announce Layoffs 3Health News:Moderate Drinking Might Guard Against Alzheimer's 2Health News:Moderate Drinking Might Guard Against Alzheimer's 3Health News:Moderate Drinking Might Guard Against Alzheimer's 4Health News:Six Researchers to Receive Prestigious Awards from the American Society of Hematology 2Health News:Six Researchers to Receive Prestigious Awards from the American Society of Hematology 3
... is an easy-to-use, automated system that enables ... assays for managing hemostatic disordersincluding D-Dimer, Von ... offers reflex and rerun testing for greater ... by our high-quality service to help your ...
... Predictable Protection Made Easy. The new generation ... effectiveness and ease of use, providing you ... SVG stenting and angioplasty procedures., ,The FilterWire ... while requiring minimal changes to technique. ...
Representing the next step in the evolution of point-of-care testing, the i-STAT 1 Analyzer uses one platform to perform glucose strip testing along with all i-STAT test cartridges....
... 4194 Bipolar over-the-wire left-heart lead is for ... steroid-eluting lead has an angled shape and ... or a stylet delivery method, giving physicians ... position the lead in a variety of ...
Medicine Products: