Advertisement

Health Centers Report $363,686 Net Loss

Share

Women’s Health Centers of America Inc. reported a $363,686 net loss and revenue that rose by 58% to $154,830 for the first quarter ended March 31. The company reported a $245,062 net loss a year ago.

The revenue increase was generated by “increased patient visits at two comprehensive centers established in 1986 plus a third which opened in mid-March, 1987,” according to President Ronald F. Meadows, who linked the net loss to the opening of the new center.

Advertisement