| Business Summary | | Beverly
Enterprises
is
comprised
principally
of
providing
healthcare
services,
including
the
operation
of
nursing
facilities,
assisted-living
centers,
hospice
and
home
care
centers,
outpatient
therapy
clinics
and
rehabilitation
therapy
services.
At
February
28,
2001,
the
Company
operated
531
nursing
facilities
with
59,580
licensed
beds.
The
Company's
nursing
facilities
are
located
in
29
states
and
the
District
of
Columbia,
and
range
in
capacity
from
20
to
355
beds.
The
Company
also
operated
34
assisted-living
centers
containing
1,132
units,
165
outpatient
therapy
clinics
and
58
hospice
and
home
care
centers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BEV
provides
healthcare
services,
including
nursing
facilities,
rehabilitation
therapy
services,
assisted
living
centers,
home
care
centers
and
outpatient
clinics.
For
the
six
months
ended
6/30/01,
total
revenues
rose
3%
to
$1.34
billion.
Net
loss
totaled
$46.7
million
vs.
an
income
of
$14.8
million.
Revenues
reflect
an
increase
in
service
rates.
Net
loss
reflects
$115.5
million
in
charges
related
to
asset
impairments,
workforce
reductions
and
other
unusual
items. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| David Banks, 63 Chairman | $825K | William Floyd, 56 Pres,
CEO, Chief Operating Officer, Director | -- | Philip Small, 44 Interim
CFO, Exec. VP -- Strategic Planning and Operations Suppo | -- | William Mathies, 40 Exec.
VP and Pres -- Beverly Healthcare | 426K | T. Moore, 59 Exec.
VP | -- | Dollar amounts are as of 31-Dec-1999 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
|
|