| Business Summary | | Tender
Loving
Care
Health
Care
Services,
Inc.
(TLCS)
is
a
provider
of
home
health
care
services
with
87
locations
in
22
states
and
the
District
of
Columbia.
TLCS
owns
and
directly
operates
64
of
its
offices
and
23
of
its
offices
are
operated
by
14
different
licensees.
The
Company
provides
a
full
range
of
licensed
professional
and
paraprofessional
health
care
personnel
services,
which
include
services
rendered
by
registered
nurses,
licensed
practical
nurses,
home
health
aides,
nurses
aides
and
personal
care
aides.
The
Company's
licensed
personnel
provide
skilled
nursing
services,
including
cardiac
care,
pulmonary
management,
wound
care,
maternal
care,
behavioral
health
care,
infusion
therapy,
hospice
support
and
extensive
patient
and
family
health
care
counseling.
The
Company's
paraprofessional
services
include
home
health
aide
services
and
other
unlicensed
personnel
services
to
assist
with
activities
of
daily
living,
such
as
bathing,
dressing
and
grooming. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TLCS
is
a
national
provider
of
home
healthcare
services
and
master
franchise
licenses
in
Japan,
Spain
and
Brazil.
TLCS
currently
has
87
locations
in
22
states
and
the
District
of
Columbia.
For
the
fiscal
year
ended
2/28/01,
total
revenues
fell
6%
to
$240.1
million.
Net
loss
from
continuing
operations
fell
27%
to
$12.1
million.
Revenues
reflect
the
operation
of
seven
fewer
locations.
Lower
loss
reflect
the
proceeds
from
the
sale
of
certain
locations. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
65,744;
after
tax
earnings
were
-1,799. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2001 Pay | |
| Stephen Savitsky, 55 Chairman,
CEO | $445K | Dale Clift, 50 Pres,
COO, Director | 615K | Willard Derr, 44 CFO,
Sr. VP, Controller, Treasurer | 189K | David Savitsky, 53 Vice
Chairman, Gov. Relations | -- | Renee Silver, 45 VP
and Gen. Counsel | 182K | Dollar amounts are as of 28-Feb-2001 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
|
|