| Business Summary | | Avesis
Incorporated
markets
and
administers
vision,
dental,
chiropractic
and
hearing
managed
care
and
discount
programs
(Programs)
nationally.
The
Programs
are
designed
to
enable
participants
(Members),
who
are
enrolled
through
various
sponsoring
organizations
such
as
insurance
carriers,
HMOs,
Blue
Cross
and
Blue
Shield
organizations,
corporations,
unions
and
various
associations
(Sponsors),
to
realize
savings
on
purchases
of
products
and
services
through
networks
of
providers
such
as
ophthalmologists,
optometrists,
opticians,
dentists,
chiropractors
and
hearing
specialists
(Providers). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AVSS
markets
and
administers
vision,
chiropractic,
dental
and
hearing
managed
care
and
discount
programs
nationally.
For
the
three
months
ended
3/31/01,
revenues
rose
5%
to
$2.1
million.
Net
loss
applicable
to
Common
totalled
$442
thousand
vs.
an
income
of
$189
thousand.
Revenues
reflect
higher
administration
fees
from
the
Vision
and
Hearing
Program
and
AbsoluteCare,
Inc.
Net
loss
reflects
an
increase
in
service
costs,
amortization
of
goodwill,
legal
expenses
and
professional
fees. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | William Cohen, 69 | Co-Chairman | William Richter, 58 | Co-Chairman | Alan Cohn, 45 | Pres,
CEO | Joel Alperstein, 32 | CFO,
Treasurer | Shannon Barnett, 32 | CAO
and Controller |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|