| Business Summary | | Mariner
Post-Acute
Network,
Inc.
and
subsidiaries
provide
post-acute
healthcare
services,
primarily
through
the
operation
of
its
skilled-nursing
facilities.
At
September
30,
2000,
the
Company'
s
significant
operations
consisted
of
approximately
360
inpatient
and
assisted
living
facilities
containing
approximately
43,000
beds;
13
long-term
acute
care
hospitals
with
approximately
550
licensed
beds;
and
approximately
33
institutional
pharmacies
servicing
more
than
1,500
long-term
care
centers.
The
Company
operates
in
25
states
with
significant
concentrations
of
facilities
and
beds
in
seven
states
and
several
metropolitan
markets.
The
Company
derives
a
significant
portion
of
its
revenues
from
the
federal
Medicare
program. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MPANQ
provides
post-acute
care
services
encompassing
skilled
nursing,
subacute
and
medically
complex
care,
rehabilitative
services,
and
hospital
program
management.
For
the
six
months
ended
3/31/01,
revenues
decreased
3%
to
$1.04
billion.
Net
income
totaled
$23.1
million
vs.
a
loss
of
$72.3
million.
Revenues
reflect
the
decrease
in
pharmacy
services
due
to
a
decline
in
the
number
of
beds
served.
Earnings
benefited
from
overhead
reductions
and
lower
personnel
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gene Burleson, 59 Chairman | -- | C. Christian Winkle, 37 CEO | $721K | Susan Whittle, 53 Exec.
VP, Gen. Counsel, Sec. | 420K | Boyd Gentry, 41 Sr.
VP, Treasurer | 314K | John Notermann, 37 Sr.
VP, Corp. Devel. | 376K | Dollar amounts are as of 30-Sep-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
|
|