Earnings reports

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Friday, March 31, 2006

Just like Apria and Lincare, Rotech Healthcare's recent financial performance suffered in 2005 due to cuts in Medicare reimbursement, the Orlando, Fla.-based company reported in late February. Rotech reported net earnings of $4.3 million for the quarter ended Dec. 31, 2005, compared to net earnings of $8.9 million for the same period last year...By integrating operations and completing more than a dozen acquisitions, Southfield, Mich.-based Arcadia Resources reported $33.3 million in revenues for the quarter ended Dec. 31, 2005, compared to $28.1 million for the same quarter the previous year.

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