| Business Summary | | Lexington
Healthcare
Group,
Inc.
has
four
wholly-owned
subsidiaries:
Balz
Medical
Services,
Inc.,
Professional
Relief
Nurses,
Inc.,
Lexington
Highgreen
Holding,
Inc.,
and
Lexicore
Rehab
Services,
L.L.C.
The
Company
also
controls
one
joint
venture,
Lexicon
Pharmacy
Services,
L.L.C
.
The
Company
is
a
long-term
and
subacute
care
provider,
which
operates
eight
nursing
home
facilities
in
the
State
of
Connecticut.
The
Facilities
provide
a
broad
range
of
healthcare
services,
including
nursing
care,
subacute
care
(including
rehabilitation
therapy),
and
other
specialized
services,
such
as
care
to
Alzheimer's
patients. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LEXI
is
a
long-term
care
provider,
which
operates
eight
nursing
home
facilities
in
CT
providing
healthcare
services
including
nursing
care,
subacute
care,
rehabilitation
therapy
and
other
services.
For
the
nine
months
ended
3/31/01,
revenues
decreased
13%
to
$52.5
million.
Net
loss
totaled
$3.6
million,
up
from
$513
thousand.
Revenues
reflect
the
termination
of
management
agreements
for
two
nursing
homes.
Net
loss
reflects
an
increased
provision
for
doubtful
accounts. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Harry Dermer, 48 Chairman,
Pres, CEO, Chief Operating Officer | $218K | Thomas Dybick, 52 CFO,
Sec. | 136K | Lawrence Fusco, 52 Controller | -- | Dollar
amounts are as of 30-June-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
|
|