Mecon Will Report Third-Quarter Loss

San Ramon-based Mecon Inc. said it will report a loss in its third quarter, and the news caused the company’s stock to plunge $8.125 to $6.875. The provider of health-care information software had been expected to earn 12 cents a share in the quarter ending Dec. 31, according to analysts’ estimates. Mecon said it will take a $1.5-million charge in the quarter as it consolidates its Managed Care Information Systems unit and moves to larger headquarters. As part of the management changes, Mecon promoted President Les Schmidt to the additional post of chief executive, replacing Vasu Devan, who will remain as chairman.