Access Healthnet Profit Surges to $426,048

Access Healthnet Inc., a Westlake Village provider of communication systems that connect doctors, hospitals and labs, reported a sharp increase in earnings in its fiscal second quarter that ended Sept. 30.

Earnings surged to $426,048 in the quarter, up from $66,796 in the same quarter a year earlier. Revenues in the latest quarter were $2.97 million compared to $541,162 in the same quarter of 1993.

For the six-month period, Access posted earnings of $788,020 on sales of $5.25 million, compared to a profit of $125,026 on sales of $1.68 million a year earlier.

Keith Berman, chief executive of Access Healthnet, said contracts with some of the country’s largest laboratory and hospital management companies “have provided us with a steady stream of recurring revenues and, more importantly, have given our products national exposure.”