Medical Care America Inc
Article Abstract:
Medical Care America Inc is determined to recover from its $1.2 billion equity loss for the Sep 1992 quarter. The firm organized a two-hour telephone conference with healthcare analysts wherein Pres and CEO Donald Steen emphasized the need to restructure its home-infusion business. Fifty workers have already been laid-off in an effort to save about $5 million. The company's Critical Care segment is also expected to concentrate more on the less costly nutritional and antibiotics operations.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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U.S. Healthcare, Inc
Article Abstract:
Several stock analysts have reversed their pessimistic speculations regarding US Healthcare Inc. Eleanor Kern believes that the managed healthcare services firm will react positively from either a Bush or a Clinton victory because of the candidates favorable health reform schemes. Other analysts Margo Vignola, Geoffrey Harris and Joyce Albers unanimously think that US Healthcare stock will grow. The stock gives 37-cent dividends on the expanded 96 million common and Class B shares.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
User Contributions:
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U.S. Healthcare, Inc
Article Abstract:
Shares of U.S. Healthcare Inc have moved up to 51 5/8 after an upgrade from Margo Vignola of Salomon Brothers. Vignola increased her 1992 estimate from $2.60 to $2.75 a share and her 1993 estimate from $3.25 to $3.40 a share. Record Mar qtr profits and revenues which rose 36% and 31% respectively, as well as a 165,000 growth in its health maintenance organization enrollment, spurred the upgrades by Vignola.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
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