| Business Summary | | Capital
Development
Group
Inc.
currently
acts
as
a
holding
Company
for
two
ongoing
businesses:
IntraMed
Corporation
and
Healthsource
Financial
Advisors
(HFA).
Capital
Development
Group,
as
the
parent
Company,
is
responsible
for
funding
and
helping
with
business
contacts
to
enhance
the
profitability
of
its
subsidiaries.
IntraMed
is
a
software
company
with
its
principal
product
being
Internet
based,
medical
referral,
scheduling,
billings
and
claims
processing
software.
HFA
is
a
healthcare
financial
consulting
company
that
is
currently
dormant. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Capital
Development
Group,
Inc.
is
engaged
in
purchasing
medical
accounts
receivable
from
hospitals
and
other
healthcare
institutions
at
a
discount
and
administering
the
collection
process
of
such
receivables.
For
the
three
months
ended
3/31/01,
revenues
totaled
$58
thousand,
up
from
$0.
Net
loss
totaled
$119
thousand,
up
from
$24
thousand.
Revenues
reflect
an
increase
in
net
sales.
Higher
loss
reflects
a
$65
thousand
payroll
expense
and
a
$32
thousand
depreciation
expense. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Michael Vahl, 40 | Pres,
CEO, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|