April 20, 1995 |
Quantum Health Resources Inc. said Wednesday that it failed to persuade the state of California to change its Medicare reimbursement rates on a therapy for hemophilia that the health care company sells.
November 5, 1992 |
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.
March 26, 1992 |
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.
February 18, 1993 |
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.
March 6, 1997 |
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."
April 6, 1995 |
Quantum Health Resources Inc.'s billing dispute with the State of California heated up Wednesday when the state controller's office issued a letter demanding the company repay $2.3 million in past Medicaid claims. The controller's office also threatened not to pay an additional $1 million in current claims and any future claims until the company resolves the past ones. The agency told the company "your records do not adequately support amounts claimed" from the state's Medicaid program.
April 18, 1995 |
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.
April 14, 1995 |
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.
June 15, 1993 |
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.