| Business Summary | | Sun
Healthcare
Group
Inc.,
through
its
direct
and
indirect
subsidiaries,
is
a
provider
of
long-term,
subacute
and
related
specialty
healthcare
services
in
the
United
States.
The
Company
currently
operates
through
three
principal
business
segments,
which
include
inpatient
services,
rehabilitation
and
respiratory
therapy
services
and
pharmaceutical
services.
In
October
1999,
the
Company
commenced
cases
under
Chapter
11
of
the
United
States
Bankruptcy
Code
and
is
currently
operating
its
business
as
a
debtor-in-possession
subject
to
the
jurisdiction
of
the
United
States
Bankruptcy
Court
for
the
District
of
Delaware. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SHGE
provides
health
care
services,
including
nursing
care,
subacute
care,
rehabilitation
therapy
and
other
specialized
services.
For
the
three
months
ended
3/31/01,
revenues
decreased
17%
to
$529.8
million.
Net
loss
decreased
90%
to
$16
million.
Revenues
reflect
the
divestiture
of
a
number
of
Inpatient
Service
facilities.
Lower
loss
reflects
the
inclusion
of
a
decreased
reorganization
expense
($8.2
million
vs.
$156.6
million). | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| James Tolbert, III, 64 Chairman | -- | Mark Wimer, 47 Pres,
CEO, Chief Operating Officer, Director | $453K | Robert Woltil, 45 CFO | 427K | Warren Schelling, 46 Pres
and COO of Sun Healthcare Group International | 322K | Andrew Masetti, 42 VP--Fin. | -- | Dollar
amounts are as of 31-Dec-1999 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
|
|