| Business Summary | | Medical
Asset
Management,
Inc.
(MAM)
is
a
physician
practice
management
company
that
develops
contractual
affiliations
with
physician
practices.
These
agreements
provide
clinical
autonomy
for
the
physicians'
practice,
as
well
as
professional
practice
management
by
the
Company.
Through
its
subsidiary,
Healthcare
Professional
Management,
Inc.
(HPM),
the
Company
also
offers
a
full
array
of
management
services
to
physicians
and
other
independent
healthcare
entities
under
long-term
service
contracts
as
a
management
service
organization
(MSO).
The
Company
has
long-term
MSO
contracts
with
five
medical
group
practices
having
a
total
of
48
physicians
in
two
states.
HPM
also
provides
practice
management
services
on
a
consulting
basis
to
over
200
physicians
in
Pennsylvania,
West
Virginia
and
Ohio.
The
Company's
strategy
is
to
develop
physician-driven,
integrated
provider
networks
of
small
to
mid-sized
physician
groups
that
deliver
cost-effective
healthcare
in
selected
geographic
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Medical
Asset
Management,
Inc.
is
a
physician
prac-tice
management
co.
that
develops
contractual
affiliations
with
physician
practices.
The
Co.
also
offers
a
full
array
of
management
services
to
physicians
and
other
independent
healthcare
entities.
For
the
nine
months
ended
9/97,
net
revenue
increased
67%
to
$10.7
million.
Net
loss
increased
33%
to
$3.7
million.
Revenues
reflect
the
addition
of
new
management
services
agreements.
Loss
reflects
$1.6
million
in
clinic
terminations. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1996 Pay | |
| John Regan, 48 Chairman
and Pres | $200K | Anthony Aulicino, 55 Sr.
VP | 84K | Dennis Calvert, 33 Sr.
VP | -- | Clarke Underwood, 51 VP
and CFO | 28K | Michael Zaic, 40 VP | -- | Dollar
amounts are as of 31-Dec-1996 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
|
|