| Business Summary | | Graham-Field
Health
Products,
Inc.
is
a
manufacturer
and
distributor
of
healthcare
products
for
the
home
healthcare,
medical/surgical,
rehabilitation
and
long-term
care
markets
in
North
America,
Europe,
Central
and
South
America
and
Asia.
Graham-Field's
principal
products
and
product
lines
include:
wheelchairs
and
power
wheelchair
seating
systems,
mobility
products
and
bathroom
safety
products,
medical
beds
and
patient
room
furnishings,
blood
pressure
and
diagnostic
products,
adult
incontinence
products,
specialty
seating
products,
wound
care
and
urologicals,
ostomy
products,
diabetic
products,
obstetrical
supplies,
nutritional
supplements,
therapeutic
support
systems
and
respiratory
equipment
and
supplies.
On
December
27,
1999
the
Company
commenced
a
voluntary
proceeding
pursuant
to
Chapter
11
of
the
Bankruptcy
Code.
The
Company
has
filed
and
continues
to
file
(as
of
January
12,
2001)
Debtor
in
Possession
Operating
Reports
on
a
monthly
basis
with
the
United
States
Bankruptcy
Court. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GFIHQ
manufactures,
markets
and
distributes
medical,
surgical
and
a
range
of
other
healthcare
products
for
the
home
healthcare
and
medical/surgical
markets.
For
the
nine
months
ended
9/99,
revenues
fell
21%
to
$227.9
million.
Net
loss
applicable
to
Common
totalled
$41.9
million,
up
from
$9.2
million.
Revenues
suffered
from
intense
competition
in
the
healthcare
industry.
Net
loss
reflects
the
inclusion
of
a
$10
million
provision
for
Class
Action
settlement
and
increased
interest
expense. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1998
Compensation | | Pay | Exer | |
| Thomas Opladen Chairman,
CEO | -- | -- | Michael Crouch COO | -- | -- | Peter Winocur, 42 Exec.
VP of Sales and Marketing | $234K | $316K | J. Reynertson, 32 Sr.
VP and CFO | -- | -- | Richard Kolodny, 40 Sr.
VP, Gen. Counsel, Sec. | 203K | 469K | Dollar
amounts are as of 31-Dec-1998 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|