PHM on course for record revenue, profit growth

Thursday, December 19, 2013

SAN FRANCISCO – Patient Home Monitoring, a company servicing patients with chronic diseases, expects to meet record revenue and EBITA figures for the quarter ending Dec. 31, according to a Dec. 18 news release. In October and November 2013, the company’s revenue exceeded $1.65 million, setting up the company for triple-digit quarterly revenue growth, according to the release. “We continue to focus our energies on cross selling and acquiring companies that can increase our patient database,” said CEO Bob Kusher. In the release, PHM announced its first acquisition, HHC, is now serving 30,000 patients in its pharmacy channel diabetes program.