Expansion Fuels Big Gains at ReadiCare
Crediting the results of its earlier expansion program, ReadiCare Inc. of Newport Beach reported fiscal 1988 first-quarter profits of $477,000, up 94% from the $245,000 posted a year earlier.
Revenues from patients for the period ended May 31 were $6.3 million, up 48% from the $4.2 million of a year ago.
The company operates 33 outpatient and drop-in medical centers throughout California, Nevada and Washington, nine more than it did a year ago.
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