| Business Summary | | Coast
Dental
Services,
Inc.
provides
practice
management
services
to
dental
offices
throughout
Florida,
Georgia,
Tennessee
and
Virginia.
The
Company
provides
these
services
to
the
Coast
Florida,
P.A.
and
Coast
Dental
Services,
P.A.,
Coast
Dental
of
Georgia,
P.C.,
Coast
Dental
Services
of
Tennessee,
P.C.
and
Adam
Diasti,
D.D.S.
&
Associates,
P.C
(collectively,
the
Coast
of
P.A.).
The
Company
has
entered
into
a
services
and
support
agreement
with
each
entity,
whereby
it
provides
certain
management
support
services
to
the
Coast
of
P.A.
in
return
for
a
services
and
support
fee.
The
Coast
of
P.A.
employs
dentists
and
dental
hygienists
and
provides
all
of
the
dental
services
to
patients.
As
of
December
31,
2000,
the
Company
provided
management
services
to
124
Dental
Centers
located
in
Florida,
Georgia,
Tennessee
and
Virginia,
and
114
Coast
Dentists
were
employed
by
the
Coast
of
P.A.,
serving
approximately
700,000
patients. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Coast
Dental
Services
provides
management
services
to
124
Dental
Centers
located
in
Florida,
Georgia,
Tennessee
and
Virginia.
For
the
three
months
ended
3/31/01,
net
revenue
fell
4%
to
$11.2
million.
Net
loss
totalled
$1.4
million,
up
from
$30
thousand.
Revenues
reflect
the
termination
of
a
contract
between
the
Coast
P.A.
and
one
managed
care
company.
Higher
loss
reflects
costs
related
to
the
proposed
recapitalization
transaction. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Terek Diasti, 42 Chairman,
CEO | $249K | Adam Diasti, 40 Pres,
Dental Director, Director | 225K | William Geary III, 38 CFO | 146K | Chris Salemi, 41 VP-
Real Estate | 128K | 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
|
|