October 24, 1995 |
The president of Access HealthNet Inc., a Westlake provider of communications systems for the health-care industry, has abruptly left the company amid reports of unexpected losses and an infusion of cash from directors and others. Access expects to post losses totaling about $5 million for the six months that will end Dec. 31, the company has announced.
September 26, 1995 |
Access HealthNet Inc., a Westlake Village provider of communications systems for the health care industry, has completed a $1.9-million private placement of its common stock and has also acquired marketing rights to a British company's networking products. Access said its stock was purchased by an investment concern, Ben Bush Investment Management Inc. Steven E.
December 6, 1994
ACCESS HealthNet Inc., a Westlake Village provider of health-care communications services, said Data General Corp. and Ameritech Corp. have agreed to provide financing of more than $5 million during the next year to help ACCESS boost its inventory, and help customers buy its computer systems. The new line of the lines of credit will help finance deals struck by ACCESS earlier this year with two large, laboratory-service companies for hardware and software systems.
November 29, 1994
Access Healthnet Inc., a Westlake Village provider of communication systems that connect doctors, hospitals and labs, reported a sharp increase in earnings in its fiscal second quarter that ended Sept. 30. Earnings surged to $426,048 in the quarter, up from $66,796 in the same quarter a year earlier. Revenues in the latest quarter were $2.97 million compared to $541,162 in the same quarter of 1993. For the six-month period, Access posted earnings of $788,020 on sales of $5.
March 15, 1994
Access HealthNet Inc., a Westlake Village provider of health-care information systems products, reported profits in its fiscal third quarter and nine months that ended Dec. 31, rebounding from year-earlier losses. In the latest three months, the company earned $268,210, contrasted with a loss of $172,110 a year before. Its quarterly revenue rose 60%, to $1.42 million from $890,918. For the nine months that ended Dec. 31, Access HealthNet had net income of $989,510 and its revenue tripled to $4.