Pacific Health Care Organization, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 17, 2021 at 08:08 pm
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Pacific Health Care Organization, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 1.324 million compared to USD 1.552 million a year ago. Operating income was USD 120,593 compared to USD 171,181 a year ago. Net income was USD 507,285 compared to USD 123,128 a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.01 a year ago.
Pacific Health Care Organization, Inc. is engaged in managing and administering health care organizations (HCOs) and managed provider networks (MPNs) in the state of California. The Company offers an integrated and layered array of complementary business solutions that enable its customers to manage their employee worker compensation-related healthcare administration costs. Its services include providing customers access to its HCOs and MPNs. The Company also provides medical case management, medical bill review, employee advocate services, utilization review, workers' compensation carve-outs and Medicare set-aside services. In addition, it also provides expert witness testimony. It offers its services as a bundled solution, as standalone services, or as add-on services. Its customers include self-administered employers, insurers, third party administrators, municipalities and others. The Company's subsidiaries include Medex Healthcare, Inc., Medex Medical Management, Inc., and others.
PACIFIC HEALTH CARE ORGANIZATION, INC. 
