Medical Alliance, Inc. is a leading provider of services to create temporary surgical sites in the physician office, serving approximately 3,000 physicians in 40 states and Canada. The company's services take advantage of the current trend of the shifting of procedures to the lowest cost setting by facilitating the migration of established surgical procedures and advanced medical technologies from hospitals and outpatient surgery centers to a lower cost setting, the physician's office. Payors, physicians and patients benefit from the company's services through reduced costs for surgical procedures, increased physician productivity, greater access to advanced medical technologies and improved patient satisfaction.
(Source: 3rd qtr EPS statement)
NEW ISSUE: Provides services used to create temporary surgical sites in physician offices. IPO on Oct 11, 1996 priced at $11.000 US, sold 2.0 million common shares, 35.5% of the 5.6 million outstanding. Bear Stearns managed the offering, raising $20.0 million.
Stock is priced at $13 today, up 1 3/4 on announcement below (post #1).
Zacks estimates $0.20 1996 and $0.50 1997 with one "strong buy" and one "buy". |
