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  September 5, 2001
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Home > Company Index > Health Products & Services > Specialized Health Services > Metropolitan Health Networks, Inc.

Metropolitan Health Networks, Inc.
OTC: MDPA
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 PROFILE
Metropolitan Health is getting a whole new look. The company exited the business of owning and managing physician practices and ancillary services, and has revamped itself as a provider service network (PSN). As a PSN, the firm manages the care of patients through contracts with managed care organizations and receives a percentage of the premiums. The company operates throughout Florida and offers such services as utilization review, claims adjudication and management, and eligibility and referral processing. The company laid off 58% of its workforce in its restructuring. Director Martin Harrison owns about a fifth of the firm.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 119.10
1-Yr. Sales Growth: 543.9%
Employees: 70
Revenue per employee: $1,701,428.57

 KEY PEOPLE
• Fred Sternberg
    CEO
• David Gartner
    CFO

 CONTACT INFO
500 Australian Ave.
West Palm Beach, FL 33401
US
Phone: 561-805-8500
Fax: 561-805-8501
Online: Web Site

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