| Business Summary | | Orthodontic
Centers
of
America,
Inc.
is
a
provider
of
integrated
business
services
to
orthodontists.
Since
1985,
the
Company
has
executed
a
retail-oriented
approach
to
developing
orthodontic
practices.
As
of
December
31,
2000,
the
Company
was
affiliated
with
395
orthodontists
practicing
in
592
orthodontic
centers
located
throughout
the
United
States
and
parts
of
Japan,
Mexico
and
Puerto
Rico.
The
Company
develops
and
implements
marketing
plans
for
the
orthodontic
centers,
utilizing
local
and
national
television,
radio
and
print
advertising
and
internal
marketing
promotions.
The
Company
is
not
engaged
in
the
practice
of
orthodontics.
The
affiliated
orthodontists
maintain
full
control
over
their
orthodontic
practices,
determine
which
personnel,
including
orthodontic
assistants,
to
hire
or
terminate
and
set
their
own
standards
of
practice. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Orthodontic
Centers
of
America
is
a
provider
of
business
operation,
financial,
marketing
and
administrative
services
to
592
orthodontic
centers
nationwide
and
in
Puerto
Rico,
Mexico
and
Japan.
For
the
six
months
ended
6/30/01,
revenues
rose
28%
to
$159.7
million.
Net
income
before
accounting
change
rose
31%
to
$28.7
million.
Results
reflect
an
increase
in
the
number
of
patient
contracts
and
the
number
of
centers
in
operation,
and
lower
expenses
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Bartholomew Palmisano, Sr., 54 Chairman,
Pres, CEO | $150K | -- | Bartholomew Palmisano, Jr., 30 CFO,
Sec. | 117K | -- | Michael Johnsen, 48 COO,
Director | 276K | $120K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|