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Article: Ramsay Health Care, Inc. Announces Fiscal Year End Results.
- Article from:
- PR Newswire
- Article date:
- October 5, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CORAL GABLES, Fla., Oct. 5 /PRNewswire/ -- Ramsay Health Care, Inc. (Nasdaq: RHCI) today announced results for the fiscal year ended June 30, 1998.These results have been significantly impacted by asset write-downs and the establishment of reserves related to the divestiture of certain non-youth services assets and organizational restructuring. The write-offs and reserves recorded by the Company for the year totaled approximately $59.6 million.
Total revenues for the full fiscal year 1998 reached $155,453,000, an increase of 14% over total revenues of $136,719,000 in the prior year.The Company recorded a net loss of ($58,583,000) for the twelve ...
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Article: Ramsay Health Care, Inc. Sells Greenbrier Hospital
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... ... Officer of Ramsay Health Care, Inc. said ... forward with our new youth services strategy. The ... Company's non- youth services business divestiture plan." Ramsay Health Care, Inc. is a provider ... subsidiary, Ramsay Youth Services, Inc., operates ... center. ...
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