ReadiCare Inc.: The Irvine developer and operator...

ReadiCare Inc.: The Irvine developer and operator of workers’ compensation medical centers and rehabilitation programs reported net income of $1.7 million for its fiscal year ended Feb. 28. A year earlier, the company lost $3.6 million, which included a non-recurring charge of $4.4 million from discontinued activities. Revenue rose 4%, to $20.2 million from $19.4 million. For the fourth quarter, net income was $248,000, contrasted with a loss of $4.4 million for the like period a year earlier. Revenue increased 4.3%, to $4.9 million from $4.7 million.