| | Business Summary | | PhyCor,
Inc.
is
a
medical
network
management
company
that
develops
and
manages
independent
practice
associations
(IPAs),
provides
contract
management
services
to
physician
networks
owned
by
health
systems,
manages
certain
medical
organizations
and
provides
consulting
services
to
independent
medical
organizations.
Through
its
CareWise,
Inc.
subsidiary,
a
healthcare
management,
human
resources
and
benefits
administration
company,
the
Company
provided
healthcare
decision-support
services
to
approximately
3.3
million
individuals,
including
demand
management
and
disease
management
services,
to
managed
care
organizations,
healthcare
providers,
employers
and
other
group
associations.
CareWise
was
sold
to
SHPS,
Inc.
in
May
2001.
PhyCor
intends
to
provide
health
and
productivity
services
to
self-insured
employers
to
manage
the
healthcare
and
productivity
costs
of
their
employees
through
its
wholly
owned
subsidiary,
HPMdirect,
Inc. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | PHYC,
a
medical
network
management
co.,
manages
multi
-specialty
medical
clinics
and
other
physician
organizations,
provides
contract
management
services
to
physician
networks,
and
develops
and
manages
independent
practice
associations.
For
the
three
months
ended
3/31/01,
revenues
fell
72%
to
$85.3
million.
Net
loss
fell
21%
to
$20.1
million.
Revenues
reflect
the
disposal
of
clinic
operations.
Lower
loss
reflects
a
$962
thousand
asset
revaluation
recovery
vs.
a
$23.8
million
provision. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thompson Dent, 50
Chairman,
Pres, CEO | $1.9M | Tarpley Jones, 43
CFO,
Exec. VP | 344K | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/p/phyc.ob.gif)