HEALTH CARE

Health Systems International Profit Up: The Pueblo, Colo.-based health care company reported a 19% increase in first-quarter earnings per share, before merger-related severance costs, to 49 cents, from 41 cents a share for the three months ended March 31, 1994. The company also said enrollment in its health maintenance organizations, including the recently acquired M.D. Health Plan in Connecticut, climbed 12.6%. Revenue for the quarter rose 11.1% to $627.5 million. Income before the effect of merger-related severance costs climbed 17.8% to $24.2 million. HSI recorded severance costs of $8.9 million related to its merger with WellPoint Health Networks Inc. They equate to $5.3 million, or 11 cents per share, on an after-tax basis, bringing net income for the quarter to $18.9 million, or 38 cents per share.