Pacific Health Care Organization, Inc Announces the Financial Results for the Quarter Ended March 31, 2019
May 20, 2019 at 06:43 pm EDT
Share
Pacific Health Care Organization, Inc. announced the financial results for the quarter ended March 31, 2019. The company reported total revenue of $1,783,438 for the quarter ended March 31, 2019, compared with total revenue of $1,583,309 for the quarter ended March 31, 2018. The company reported net income of $314,563 or $0.10 per share and $0.09 per share, respectively, on a basic and fully diluted basis for the first quarter 2019, compared to net income of $399,681 or $0.12 per share and $0.11 per share, respectively, on a basic and fully diluted basis for the first quarter 2018.
Pacific Health Care Organization, Inc. is engaged in managing and administering health care organizations (HCOs) and managed provider networks (MPNs) in the state of California. The Company offers an integrated and layered array of complementary business solutions that enable its customers to manage their employee worker compensation-related healthcare administration costs. Its services include providing customers access to its HCOs and MPNs. The Company also provides medical case management, medical bill review, employee advocate services, utilization review, workers' compensation carve-outs and Medicare set-aside services. In addition, it also provides expert witness testimony. It offers its services as a bundled solution, as standalone services, or as add-on services. Its customers include self-administered employers, insurers, third party administrators, municipalities and others. The Company's subsidiaries include Medex Healthcare, Inc., Medex Medical Management, Inc., and others.
PACIFIC HEALTH CARE ORGANIZATION, INC. 
