| | Business Summary | | InterWest
Medical
Corporation
was
organized
to
engage
in
the
business
of
developing,
operating
and
owning
surgery
centers
itself
and
in
association
with
others.
The
Company
has
not,
however,
developed
any
surgery
centers.
In
April
1984,
the
Company
commenced
efforts
to
develop
nursing
homes
in
an
effort
to
diversify
its
efforts.
The
Company
built
and
sold
to
an
unrelated
purchaser
a
187-bed
skilled
nursing
home
in
Vista,
California.
InterWest
owns
and
operates
a
156-bed
skilled
nursing
home
in
Colton,
California.
The
Company
does
not
have
any
plans
to
develop
other
nursing
homes. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | InterWest
Medical
Corporation
develops,
operates
and
owns
nursing
homes
itself
and
in
association
with
others.
For
the
three
months
ended
3/31/01,
total
revenues
increased
2%
to
$3.2
million.
Net
loss
totaled
$352
thousand
vs.
an
income
of
$413
thousand.
Revenues
reflect
an
increase
in
patient
service
revenues.
Net
loss
reflects
higher
general
services
expenses,
higher
professional
care
of
patients
costs
and
a
loss
on
the
sale
of
investments
vs.
a
gain. | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Arch Gilbert, 66 | Pres,
Sec.,Treasurer |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/i/iwmc.ob.gif)