| Business Summary | | SurgiCare,
Inc.
offers
licensed,
freestanding
Ambulatory
Surgery
Centers
for
use
by
physicians
and
its
physician
partners
and
their
patients.
Freestanding
ambulatory
surgery
centers
are
licensed
outpatient
surgery
centers,
generally
equipped
and
staffed
for
a
wide
variety
of
surgical
procedures.
Bellaire
SurgiCare,
Inc.,
which
was
acquired
in
a
reverse
merger
on
July
21,
1999,
owns
and
operates
an
ambulatory
surgery
center
located
in
Houston,
Texas.
Through
its
wholly
owned
subsidiary,
Town
&
Country
Surgicare,
Inc.,
the
Company
owns
a
60%
interest
in
SurgiCare
Memorial
Village,
L.P.
Through
its
wholly
owned
subsidary,
Baytown
Surgicare,
Inc.,
SurgiCare
owns
a
10%
interest
in
Jacinto
Surgery
Center,
L.P.
These
centers
provide
the
venue
for
a
wide
range
of
high-volume,
lower-risk
surgical
procedures
within
a
multi-specialty
environment.
Surgeons
specializing
in
podiatry,
orthopedics,
pain
management,
gynecology,
plastics
and
general
surgery
utilize
these
facilities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SurgiCare,
Inc.
offers
licensed,
freestanding
Ambulatory
Surgery
Centers
for
use
by
physicians
and
its
physician
partners
and
their
patients.
For
the
six
months
ended
6/30/01,
revenues
totalled
$6.2
million,
up
from
$2.6
million.
Net
income
applicable
to
Common
increased
28%
to
$651
thousand.
Revenues
reflect
an
increase
in
the
number
of
patients
treated
due
to
the
addition
of
the
Memorial
Village
Surgery
Center.
Net
income
also
reflects
higher
gross
margins. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| David Blumfield, 42 Pres,
CEO, Director | $24K | Charles Cohen, 39 COO,
Director | 75K | Jeffery Penso, 45 VP,
Director | -- | Son Nguyen, M.D., 45 Treasurer,
Director | -- | Sherman Nagler, 45 Sec.,
Director | -- | 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
|
|