Prenatal Plan Gives Tokos a 23% Boost
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SANTA ANA — The stock of Tokos Medical Corp. jumped $1.375 Thursday to close at $7.25 in trading on the NASDAQ market.
The 23% price increase was triggered by news that a unit of Fountain Valley-based FHP Healthcare cut costs in its neonatal intensive care operation by 34% after implementing a maternity risk management program designed by Tokos.
The Santa Ana company’s program, used by FHP’s Comprecare subsidiary in Colorado, provides prenatal education, risk screening and preventive measures for women with high-risk pregnancies.
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