This company appears to be headed in the right direction. Despite having run losses for several quarters, things are looking up. The company operates in a hot market: providing outsourced billings and collections for the medical field, particularly HMO's and PPO's. Their proprietary software is in increasing demand. They just signed a $25 million dollar, 5 year contract, which should, at a minimum, yield net income of $.05 to $.06 per share per quarter over the next 5 years. They have gotten their G&A expenses under control and look poised to pounce. The following is a summary from Baseline Financial:
US SerVis, Inc. provides business management services and
information systems to 2 principal markets: physicians and
physician delivery systems and hospital ambulatory
departments. The company provides on-site and off-site
personnel, billing, and account receivable management services
together with related software and systems integration
services. US SerVis, Inc. is expanding its services to include
financial and administrative management, clinical support, and
strategic consulting. The company also provides information
systems products and services to customers that include
physician groups, faculty practice plans, MSOs, PHOs,
IPAs, hospital outpatient departments, free-standing
ambulatory centers, and HMOs.
Look into this one! |
