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Center for Wound Healing reports narrower loss

May
14

The Center for Wound Healing Inc., a Tarrytown-based manager of wound care treatment centers, reported a net loss of $1 million, or 4 cents per share during its fiscal third quarter. That compared to a net loss of $1.1 million, or 5 cents per share, a year earlier.

Revenues increased 6 percent to $6.9 million.

Chief Executive Officer Andrew G. Barnett said the revenue growth was partly driven by increased use of the company’s facilities and the recent opening of two new centers in Pennsylvania. The company manages 35 wound care centers in the eastern United States in partnership with acute care hospitals.

“Our performance demonstrates the quality and consistency of our staffing, marketing and education efforts in the hospital markets we serve,” Barnett said in a written statement.

This entry was posted on Thursday, May 14th, 2009 at 11:42 am by Jay Loomis.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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