Navigation Links
Addus HomeCare Reports Third Quarter 2010 Results
Date:11/4/2010

;The decrease in revenues was largely the result of lower starts of care in Integrated Services.  

Home Health gross profit margin was 45.0% in the third quarter of 2010, compared to 48.2% in the prior year period.  Home Health operating income, including depreciation and amortization but excluding corporate expenses, was $1.1 million, or 8.5% of revenues, compared to $2.1 million, or 15.9% of revenues, in the prior year quarter.  The decline in Home Health operating income was primarily due to lower starts of care in the Integrated Services program, a slight increase in visits per episode and investments related to the expansion of the sales force.  

Nine Month Review

Total net service revenues for the nine months ended September 30, 2010 were $201.6 million, a 4.1% increase compared to $193.6 million in the prior year period.  The acquisition of CarePro contributed approximately $2.5 million in revenues.  

Net income for the nine months ended September 30, 2010 of $4.5 million, or $0.43 per diluted share, including $0.02 per share in acquisition related expenses, was based on 10.6 million diluted shares outstanding.  This compares to net income after preferred stock dividends of $1.9 million, or $1.04 per diluted share based on 5.2 million diluted shares outstanding, for the nine months ended September 30, 2009. Net income for the first nine months of 2009 before preferred stock dividends was $5.4 million.

Adjusted EBITDA for the nine months ended September 30, 2010 was $11.9 million, compared to $14.9 million in the prior year period.

Home & Community segment net service revenues for the first nine months of 2010 were $164.2 million, a 5.0% increase compared to $156.4 million in the prior year period. The total segment revenue growth of $7.8 million was attributable to a 3.7% organic growth rate plus $2.0 million in revenue from CarePro operations.

Home & Community ope
'/>"/>

SOURCE Addus HomeCare Corporation
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10

Related medicine technology :

1. American Association for Homecare Backs Bipartisan Bill to Eliminate Medicare Bidding Program for Home Medical Equipment
2. American Association for Homecare Proposes Strong Anti-Fraud Measures in Medicare, Applauds HHS Testimony Today That Pledges to "Stop Fraud Before it Starts"
3. Home Medical Equipment Providers and Lawmakers Discuss Cost-Effective Role of Homecare During Washington Meeting
4. NewLife Homecare Partners With ChronoMed to Offer Customized Nutritional Program for Bleeding Disorder Community
5. New Jersey Home Medical Providers Call on Congress to Preserve Homecare as an Option for Seniors and People with Disabilities
6. New York Home Medical Providers Call on Congress to Preserve Homecare as an Option for Seniors and People With Disabilities
7. California Home Medical Providers Call on Congress to Preserve Homecare as an Option for Seniors and People with Disabilities Under Medicare
8. Michigan Home Medical Providers Call on Congress to Preserve Homecare as an Option for Seniors and People With Disabilities Under Medicare
9. Homecare Provider Testifies on Downside of Medicare Competitive Bidding Program Before House Energy and Commerce Subcommittee
10. Delta Health Technologies ClinicalVirtuoso™ Targets Homecare Therapists
11. EpiCept Reports Expansion of Clinical Development For Licensed Cancer Compound
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/30/2014)... 30, 2014   Royal Philips  (NYSE: PHG, AEX: ... a new ultrasound system designed to enable global hospitals ... patient volumes and cost pressures. Making its debut at ... Barcelona this week, Affiniti provides ... with fewer resources deliver high quality patient care. ...
(Date:8/29/2014)... 29, 2014  Chuma Holdings, Inc. (OTCBB:CHUM) (the ... turnkey support services for the lawfully organized cannabis ... and approved the Company,s name and symbol change ... will be known as Chuma Holdings, Inc. ... a merger with the Company,s wholly-owned subsidiary, Chuma ...
(Date:8/29/2014)... HILL, N.C. , Aug. 29, 2014 ... face of regulatory and marketplace changes. CI leaders who ... In a new Best Practices, LLC ... host of actionable insights, including: - Use ... cheaper than primary research - Internal staff ...
Breaking Medicine Technology:Philips Debuts New Affiniti Ultrasound System at the European Society of Cardiology Congress 2014 2Philips Debuts New Affiniti Ultrasound System at the European Society of Cardiology Congress 2014 3Philips Debuts New Affiniti Ultrasound System at the European Society of Cardiology Congress 2014 4CannaMed Announces Name Change and Trading Symbol Change 2CannaMed Announces Name Change and Trading Symbol Change 3Using the Competitive Intelligence Function to Drive Better Business Decisions in the Pharmaceutical Sector 2
... Oncology, Inc. formerly Champions Biotechnology, Inc. (OTC: CSBR) reported ... First Quarter Financial Results:Total operating revenues for the first ... $1.60 million in the first quarter of fiscal 2011. ... 2012 were $3.85 million compared to $2.20 million in ...
... SAN DIEGO, Sept. 13, 2011 Neurocrine Biosciences, Inc. (Nasdaq: ... and Chief Executive Officer of Neurocrine Biosciences, will be presenting ...   The live presentation takes place on ... 6:00 a.m. Pacific Time.  The presentation will be webcast and ...
Cached Medicine Technology:Champions Oncology Reports Fiscal 2012 First Quarter Financial Results 2Champions Oncology Reports Fiscal 2012 First Quarter Financial Results 3Champions Oncology Reports Fiscal 2012 First Quarter Financial Results 4Champions Oncology Reports Fiscal 2012 First Quarter Financial Results 5
(Date:9/1/2014)... Las Vegas, Nevada (PRWEB) September 01, 2014 ... playing host to over 3,000 medical professionals and 10,000 ... Pain Week is a 5-day gathering of the nation’s ... and its associated diseases or conditions. The week-long event ... and relevant evidence-based scientific instruction available in the pain ...
(Date:8/31/2014)... 31, 2014 An analysis of 32 ... has revealed a link between lower levels of Vitamin ... in the August 2014 issue of American ... main form of Vitamin D found in blood. ... 25-Hydroxyvitamin D lower than 9 nanograms/milliliter (ng/mL) were twice ...
(Date:8/31/2014)... The FDA has recently proposed updates ... the proposed changes would include more current nutrition values ... the label, and a new design. This change has ... the label. NutriGold fully supports the new changes and ... “After 20 years, it's time for a change,” said ...
(Date:8/31/2014)... 2014 Recently, BambooIndustry.com, one of the most ... a new selection of bamboo veneers . Additionally, it ... off) for these high quality products. The promotion will last ... spokesman says that its top quality veneers are hot in ... new designs of bamboo veneers. All these items are made ...
(Date:8/31/2014)... 2014 In order to celebrate the coming ... its latest designs and launched a big promotion. Now, all ... , All the company’s new cars are made with great ... the global customers. As a matter of fact, it is ... Those who are in need of cheap cars can visit ...
Breaking Medicine News(10 mins):Health News:Medical Marijuana Doctor Company Set to Present at Las Vegas Pain Week 2Health News:NutriGold Highlights New Study on the Importance of Vitamin D to Our Life Span 2Health News:NutriGold Highlights New Study on the Importance of Vitamin D to Our Life Span 3Health News:NutriGold Highlights New Study on the Importance of Vitamin D to Our Life Span 4Health News:NutriGold Supports the FDA's Call for an Updated Nutrition Facts Label 2Health News:NutriGold Supports the FDA's Call for an Updated Nutrition Facts Label 3Health News:NutriGold Supports the FDA's Call for an Updated Nutrition Facts Label 4Health News:High Quality Bamboo Veneers from Bambooindustry.com Receive International Attention 2
... is serving up a surprise not only for tomato lovers ... rod-shaped bacterium that causes misery for millions of people. , ... PloS One , researchers say they,ve identified a molecular trick ... from the University of Rochester Medical Center has identified a ...
... has entered,into a binding agreement to purchase the ... MSC, which previously consisted of two,distinct units -- ... brand and,all employees, products and services not associated ... ESRX ) is one of the largest ...
... days to try to resolve remaining issues, TORONTO, ... PMD; Amex: PME) today announced that the Company has ... (FDA) in an,effort to resolve the outstanding issues associated ... test. Over the,next 60 days PreMD and the FDA ...
... research shows , , FRIDAY, June 13 (HealthDay News) -- ... the morning may help ease some stresses you might ... rats inhaled the aroma of roasted coffee beans, a ... proteins with healthful antioxidant activity, the researchers reported. ...
... June 13 The Blinded,American Veterans Foundation (BAVF), at ... Maryland State Delegate Sheila Hixson., "We,re honored to ... of Maryland,s District 20 and to the entire State ... MD. "Her,tireless efforts as a legislator and community activist ...
... more reliable detection of Chlamydia trachomatis, the most ... disease in Europe., PLEASANTON, Calif., June 13 ... Chlamydia trachomatis has received CE Mark,certification, allowing it to ... is designed with a dual target approach to help ...
Cached Medicine News:Health News:Salmonella: Trickier than we imagined 2Health News:Salmonella: Trickier than we imagined 3Health News:Express Scripts in Binding Agreement with MSC for the Purchase of its Pharmacy Services Division 2Health News:Express Scripts in Binding Agreement with MSC for the Purchase of its Pharmacy Services Division 3Health News:PreMD Reports Further Positive Meetings with the FDA 2Health News:Coffee Beans May Be Newest Stress-Buster 2Health News:Coffee Beans May Be Newest Stress-Buster 3Health News:Blinded Vets Foundation to Honor Maryland State Delegate Sheila Hixson 2Health News:New Roche Chlamydia Test Approved for Use in European Union 2Health News:New Roche Chlamydia Test Approved for Use in European Union 3
Extremely wide blade opening. Excellent bio and MRI compatibility. Lot number on each clip. Long reliable history. Standard type 1/1 (mm), opening width 9.0 mm and length 10 mm....
Extremely wide blade opening. Excellent bio and MRI compatibility. Lot number on each clip. Long reliable history. Large type 1/1 (mm), opening width 19.0 mm and length 21 mm....
... Signature is a state of the ... integrates blood, sterile body fluid and ... microbiology workstation with comprehensive capabilities. It ... and where expanded flexibility in operating ...
... The BacT/Alert 3D Select ... art, automated microbial detection system ... fluid and mycobacteria culturing. This ... data management or laboratory information ...
Medicine Products: