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Revision History For: SHGE is symbol for SUN HEALTHCARE GROUP

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Return to SHGE is symbol for SUN HEALTHCARE GROUP

Sun Healthcare traded on the NYSE until June 30,1999. At that time it was delisted and now trades on the OTC-BB. The new symbol is SHGE. The company owns nursing homes and is one of the five largest in the country. The entire industry is having a tough time making money under the new federal medicare rules. SHGE has reported record losses recently and has taken some strong management actions including drastic employee cuts. There is a bill in congress to change some of the reimbursement for nursing homes that could be very good for the industry. If this legislation is passed, SGHE may be a good investment. Let's discuss.