| Business Summary | | Curative
Health
Services,
Inc.
manages,
on
behalf
of
hospital
clients,
a
nationwide
network
of
Wound
Care
Centers
that
offer
a
comprehensive
range
of
services.
The
Company's
Wound
Management
Program
consists
of
diagnostic
and
therapeutic
treatment
regimens
that
are
designed
to
meet
each
patient's
specific
wound
care
needs
on
a
cost-effective
basis.
The
Company
has
a
proprietary
database
of
patient
outcomes
that
it
has
collected
since
1988,
containing
approximately
325,000
patient
records
that
indicate
an
overall
healing
rate
of
approximately
80%
for
patients
completing
therapy.
The
Company's
Wound
Care
Center
network
consists
of
126
outpatient
clinics
located
on
or
near
campuses
of
acute
care
hospitals
in
33
states.
The
Company
is
developing
new
service
models
for
other
healthcare
delivery
settings,
including
inpatient
acute
care
and
long-term
care
facilities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Curative
Health
Services,
a
disease
management
company
in
the
chronic
wound
care
business,
operates
a
network
of
Wound
Care
Centers
offering
comprehensive
wound
treatment
programs.
For
the
six
months
ended
6/30/01,
revenues
fell
14%
to
$37.5
million.
Net
income
fell
77%
to
$502
thousand.
Revenues
reflect
renegotiation
and
termination
of
several
contracts,
and
a
decline
in
Procuren
sales.
Earnings
also
reflect
lower
operating
margins
and
lower
interest
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joseph Feshbach, 47 Chairman | -- | John Prior, 47 Pres,
Interim CEO | $335K | Thomas Axmacher, 42 CFO,
VP-Fin. | -- | Nancy Lanis Sr. VP, Gen. Counsel | -- | Jule Crider, 43 Sr.
VP | 249K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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