Dec 14 2009
Bederra Corporation (PINKSHEETS: BEDA), a
Houston, Texas-based diversified medical services provider, has announced
its third quarter results. For the quarter ending September 30, 2009, the
company had gross revenues of $860,158.00 with an operating loss of
$49,980.00. The full statements are posted on pinksheets.com.
Although the company recently announced a strategic reorganization
including a redirection into mobile diagnostics, management remains
confident that the addition of mobile diagnostic services, (under the
acquisition of Texas Mobile Health, Inc.), will produce a profitable year
in 2010. The acquisition is expected to close this month and in the
meantime the company will provide certain billing services for Texas Mobile
Health. Additionally, the company is still considering the re-establishment
of its Lumar Imaging center at another cost-effective location. The company
had previously closed its facility at the Texas Medical Center in advance
of announced Medicare payment cuts in conjunction with a conflict with the
company's lease at the facility. The move also reduced the company's
overhead costs by approximately $360,000.00 as the company refocuses its
attention on the provision of mobile diagnostic services.
Management is continuing to evaluate other acquisitions and will provide
periodic updates on its progress.
SOURCE: Bederra Corporation