To: ISOMAN who wrote (462 ) 10/19/1998 6:46:00 AM From: jdcpa Read Replies (1) | Respond to of 1129
Here is an excellent post from Raging Bull. Many of us already realize the information contained in this post but it is nice to see it in print. "Healthcorp potential to produce millions in revenue for PRWT, And remember I am only talking about one-fifth of PRWT's income producing ventures. Came across some companies in the same line of business as Healthcorp. Example: PRGX, $24/SH. producing millions in revenue, smaller float, but they are only one-fifth the size of PRWT. That is to say they only have one main service to offer. If there are any acquisitions they pay money for them, which is subtracted out of their revenue. PRWT continues to use excess shares for their bargaining power and has worked very well for them. WOW ! A company PRGX at $24 a share, one-fifth of PRWT's operations. And PRWT is at .02 cents. Does anybody see growth potential,here ? Healthcorp is just getting started, I expect their revenues to grow in multiples. At two cent consider it a gift. How can anybody bash this stock ?" We already know of the contract news from Saturday. October 17 1998 PanAmerican Healthcorp has been retained by one of New York's largest medical groups TO PROVIDE THIRD-PARTY BILLING MANAGEMENT SERVICES. The medical group manages over 300 doctors and 20 clinics in Nassau, Suffolk and Queens counties. PanAmercan Healthcorp provides information, management and financial services to the one trillion dollar healthcare market in order to fulfill critical needs for both healthcare professionals and consumers. The professional division assists healthcare providers to increase their income in an era of decreasing reimbursements by utilizing the company's sophisticated yet affordable practice management services. The company's consumer division, The Patient Alliance of America, offers patients comprehensive healthcare information and support services, including access to a discount medical network, that can substantially reduce healthcare expenses. And the other contracts out there ready to be finalized are mind boggling . . .