| Business Summary | | RevCare,
Inc.
provides
revenue
cycle
management
services
in
California,
Nevada
and
Hawaii.
The
Company
has
traditionally
focused
its
services
on
three
segments
of
the
accounts
receivable
management
industry:
healthcare,
banking
and
retail.
However,
with
its
acquisition
of
four
healthcare
revenue
cycle
management
companies
in
August
2000,
the
Company
is
now
concentrating
on
offering
its
comprehensive
and
integrated
suite
of
services
to
manage
the
revenue
cycle
of
healthcare
providers.
The
Company
now
has
the
ability
to
provide
the
services
required
by
its
healthcare
clients
to
manage
all
phases
of
their
revenue
cycle,
which
include
physician
and
hospital
billing;
non-delinquent
and
delinquent
receivable
collections;
reimbursement
maximization
projects;
back-office
staffing
and
outsourcing;
and
litigation
management
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RevCare
Inc.
provides
accounts
receivable
management
services,
including
billing,
delinquent
debt
recovery,
management
of
litigation
and
bankruptcy
claims,
and
workers'
compensation
lien
claim
resolution.
For
the
nine
months
ended
6/30/01,
revenues
totaled
$10.8
million,
up
from
$3.5
million.
Net
loss
totalled
$1.5
million,
up
from
$386
thousand.
Revenues
reflect
increased
service
fees
due
to
acquisitions.
Loss
reflects
increased
salaries,
wages
and
related
benefits. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| George McCabe Jr., 41 Chairman | -- | Manuel Occiano, 49 Pres,
CEO, Director | $136K | Frederick McGee, 54 CFO,
Sec. | -- | Gary Burdick, 47 COO | -- | Russell Mohrmann, 62 Exec.
VP | -- | 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
|
|