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American HomePatient, Inc.
American HomePatient Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2007
March 28th, 2008
American HomePatient, Inc. (OTCBB: AHOM), one of the nation's largest home health care providers, announced its financial results for the fourth quarter and year ended December 31, 2007. Revenues for the fourth quarter of 2007 were $71.5 million compared to $83.1 million for the fourth quarter of 2006, representing a decrease of $11.6 million, or 14.0%. Revenues for the year ended December 31, 2007 were $293.0 million compared to $321.8 million for the same period in 2006, representing a decrease of $28.8 million, or 8.9%. A significant portion of the revenue decrease for the fourth quarter and year ended December 31, 2007 was due to a planned decrease in revenues...
Source: Health Business Week (2008-03-28)
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