| Business Summary | | Prime
Medical
Services,
Inc.
is
a
provider
of
lithotripsy
services.
Lithotripsy
is
a
non-invasive
procedure
for
the
treatment
of
kidney
stones,
typically
performed
on
an
outpatient
basis,
that
eliminates
the
need
for
lengthy
hospital
stays
and
extensive
recovery
periods
associated
with
surgery.
The
Company
has
67
lithotripters,
of
which
60
are
mobile
and
seven
are
fixed
site.
The
Company's
lithotripters
performed
approximately
36,000
procedures
in
the
United
States
in
2000
through
a
network
of
approximately
450
hospitals
and
surgery
centers
in
34
states. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Prime
Medical
Services
is
primarily
engaged
in
the
provision
of
lithotripsy
services
and
the
operation
of
refractive
surgery
centers.
For
the
six
months
ended
6/30/01,
total
revenues
rose
15%
to
$71.7
million.
Net
income
fell
37%
to
$4
million.
Revenues
reflect
higher
refractive
and
manufacturing
revenues
due
to
the
acquisition
of
four
centers
and
Calumet
Coach
Company.
Net
income
was
offset
by
higher
maintenance,
repair,
Stark
II
compliance
and
Calumet
acquisition
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Kenneth Shifrin, 52 Chairman | $430K | Brad Hummel, 44 Pres,
CEO | 368K | Cheryl Williams, 49 CFO,
Sr. VP-Fin., Sec. | 215K | John Barnidge, 49 Sr.
VP, Treasurer | -- | Stan Johnson, 47 VP | 231K | Dollar
amounts are as of 31-Dec-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
|
|