American HealthChoice Reports 30% Increase in Revenue 7/21/2004 12:01:00 PM
FLOWER MOUND, Texas, Jul 21, 2004 /PRNewswire-FirstCall via COMTEX/ -- American HealthChoice, Inc. (AMHI) (the "Company") announced today that revenue for the three month period ended June 30, 2004 was $2,546,000 compared to $1,960,000 in the same period in 2003. $227,000 of the revenue increase was attributable to the Company's Affiliated-Revenue program and the remaining $359,000 to Company-owned clinics that have been open for more than one year.
According to Dr. J.W. Stucki, CEO of AMHI, "We are very pleased with fiscal year 2004 revenues to date. The last two quarters have been substantially stronger than the same quarters in fiscal year 2003. These current quarter to previous year quarter increases, which are largely driven by our new Affiliated-Revenue program, should continue in our quarter numbers ending September 30, 2004, which historically is the strongest quarter of the fiscal year."
About American HealthChoice:
American HealthChoice is a medical services company comprised of a parent company and twenty five owned and affiliated medical clinics in Texas and Louisiana.
SOURCE American HealthChoice, Inc.
Investor Relations of Equitilink LLC, +1-877-788-1940, or
international, +1-858-824-1940, for American HealthChoice, Inc.
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