| Business Summary | | SRI/Surgical
Express,
Inc.,
formerly
Sterile
Recoveries,
Inc.,
provides
hospitals
and
surgery
centers
with
a
comprehensive
surgical
procedure-based
daily
delivery
service.
The
foundations
of
this
service
are
SRI's
reusable
surgical
products,
including
gowns,
towels,
drapes,
basins
and
instruments,
and
its
daily
delivery
and
retrieval
of
these
products
for
each
customer.
To
provide
its
customers
a
comprehensive
offering
for
surgical
procedures,
the
Company
complements
these
reusable
products
with
cost-effective
disposable
accessory
packs
and
individual
single
sterile
disposable
items.
In
2000,
SRI
expanded
its
product
offering
to
include
selected
reusable
instruments.
The
Company
offers
laparoscopic
instruments
through
its
Surgical
Express
service
for
laparoscopic
procedures.
The
service
includes
instruments,
reusable
textiles
and
disposable
products
used
in
the
procedure. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | STRC
provides
hospitals
and
surgery
centers
with
a
comprehensive
surgical
procedure-based
daily
delivery
service.
The
foundations
of
this
service
are
SRI's
reusable
surgical
products.
For
the
six
months
ended
6/30/01,
revenues
rose
15%
to
$43.8
million.
Net
income
applicable
to
Common
rose
81%
to
$2.9
million.
Revenues
reflect
increased
Surgical
Express
business
and
the
expansion
of
Company's
instrument
program.
Net
income
also
reflects
improved
operating
efficiencies. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Isel, 57 Chairman,
CEO | $234K | Alex Edwards, III Pres | -- | James Boosales, 57 CFO,
Exec. VP, Director | 200K | Wayne Peterson, 49 COO,
Exec. VP, Director | 200K | 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
|
|