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Quantum Health Resources Inc

BUSINESS
November 5, 1992 | JAMES M. GOMEZ, TIMES STAFF WRITER
Citing increased demand for its exclusive treatments of blood diseases, Quantum Health Resources Inc. said Wednesday that it has posted record earnings and revenue for both the third quarter and the first nine months of the year. "We are having a great year," said chief executive Douglas H. Stickney. "We are enjoying an awful lot of sales momentum right now." Quantum, which specializes in treating patients with rare, chronic diseases and disorders, also announced that it has paid $1.
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BUSINESS
March 26, 1992 | TED JOHNSON, SPECIAL TO THE TIMES
Quantum Health Resources Inc. said Wednesday that it intends to acquire Factor Care Plus Inc., a Tampa, Fla., company that specializes in home therapies and services for patients with hemophilia. The Orange firm plans to acquire all outstanding shares of Factor Care Plus in exchange for 235,000 shares of its common stock, with a current value of about $6.2 million. The acquisition is expected to be completed early next month.
BUSINESS
February 18, 1993 | JAMES M. GOMEZ, TIMES STAFF WRITER
For the second straight quarter, Quantum Health Resources Inc. has delivered a shot in the arm to the home-infusion company's stockholders by reporting record gains in profit and sales. And 1992 is the best year yet for the company, which treats patients with chronic disorders. "Quantum's ability to produce consistent quarterly earnings growth is most directly attributable to the broadening acceptance . . . by physicians," said Chairman Douglas H. Stickney in a statement.
BUSINESS
March 6, 1997 | GREG MILLER, TIMES STAFF WRITER
Taking an unusually aggressive swipe at the controversial matter of attorneys' fees, a federal judge on Wednesday slashed the amount of money to be collected by lawyers representing shareholders in a class action suit against Quantum Health Resources Inc. Judge Gary L. Taylor rejected the attorneys' request for 30% of a $10-million settlement won by shareholders, calling the request "not justified."
BUSINESS
April 18, 1995 | BARBARA MARSH, TIMES STAFF WRITER
Quantum Health Resources Inc., one of the nation's fastest-growing companies, is slowing down these days as it looks for new business and tries to mend fences with the state over its Medi-Cal billings. The high-flying health-care company, a specialized pharmacy that provides in-home therapies and services to people with lifelong disorders such as hemophilia, will likely maintain healthy gains in revenue this year.
BUSINESS
April 14, 1995 | BARBARA MARSH, TIMES STAFF WRITER
Quantum Health Resources Inc., one of the nation's fastest-growing companies, is slowing down these days as it looks for new business and tries to mend fences with the state over its Medi-Cal billings. The high-flying health-care company, a specialized pharmacy that provides in-home therapies and services to people with lifelong disorders like hemophilia, will likely maintain healthy gains in revenue this year.
BUSINESS
June 15, 1993 | James M. Gomez / Times staff writer
Quantum Health Resources apparently has a top-notch PR department. The Public Relations Society of America recently bestowed its top honor on the specialty home health care company for the Orange-based firm's investor relations department. Basically, the company is very good at getting the word out quickly about corporate developments and other tidbits that keep investors investing.
CALIFORNIA | LOCAL
October 12, 1995 | EDWARD J. BOYER, TIMES STAFF WRITER
State Controller Kathleen Connell, vowing that her office "will demand fair pricing, quality products and good service," announced Wednesday that Indiana-based Quantum Health Resources has agreed to repay $6.3 million it allegedly overbilled Medi-Cal. Connell said that over the past four years, the Indianapolis company had overcharged the state 25% for blood-clotting products used by hemophiliacs, and that the settlement reached with Quantum is the largest in recent years.
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