| Business Summary | | RainTree
Healthcare
Corp.,
formerly
Unison
HealthCare
Corp.,
provides
comprehensive
long-term
and
specialty
healthcare
services.
RainTree's
healthcare
services
include
both
traditional
long-term
care
services
and
more
specialized
healthcare,
such
as
rehabilitation,
infusion
and
respiratory
therapy.
The
Company
also
provides,
either
directly
or
through
third-party
contracts,
pharmaceutical
services,
medical
supplies
and
laboratory
testing,
both
to
its
facilities
and
to
nonaffiliated
entities.
The
Company
has
operating
facilities
in
six
states
clustered
in
the
Midwest,
Southwest
and
Southeast
regions.
These
facilities
include
32
long-term
and
specialty
care
facilities
with
3,400
licensed
beds
and
three
independent
or
assisted
living
facilities
with
214
units.
In
addition,
the
Company
manages
six
facilities
for
a
third
party. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Raintree
is
a
provider
of
long-term
and
specialty
healthcare
services,
including
independent/assisted
living
facilities.
UNHC
also
operates
a
pharmacy
and
a
Medicare
Part
B
billing
and
supply
company.
For
the
nine
months
ended
9/99,
sales
fell
34%
to
$97.2
million.
Net
loss
before
extraordinary
item
totalled
$67.6
million,
up
from
$14
million.
Sales
reflect
a
decrease
in
net
patient
services
due
to
negative
perception
and
local
competition.
Loss
reflects
$54.6
million
in
reorganization
costs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1998 Pay | |
| Michael Jeffries, 48 Pres
and CEO | $315K | Jimmy Fields, 48 Exec.
VP and CFO | -- | Nir Margalit, 41 Exec.
VP, Gen. Counsel and Sec. | 149K | Terry Troxell, 48 Exec.
VP of Operations | -- | Clayton Kloehr, 42 Sr.
VP and Treasurer | 154K | Dollar amounts are as of 31-Dec-1998 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
|
|