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Prospector
Profile
07.1200
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| HC Innovations, Inc. |
NAICS |
621491 |
| 6 Corporate Drive, Suite 420
Shelton, CT 06484 |
Description |
Health Care Services |
| (203) 925-9600 |
Employees |
48 |
| http://www.hcinnovationsinc.com/ |
Revenue |
(mil) |
6.1660 |
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Income |
(mil) |
-3.2500 |
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Assets |
(mil) |
2.3440 |
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Liability |
(mil) |
4.4800 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
HC Innovations, Inc. reported a net loss for the three months ended June 30, 2007 of $1.9 million, compared with a net loss of $831,000 for the three months ended June 30, 2006. Total revenues for the second quarter ended June 30, 2007, increased 108% to $2.8 million compared with total revenues of $1.3 million for the prior-year period. Net loss for the first half of 2007, was $3.3 million, compared with a net loss of $1.3 million, for the first half of 2006. Total revenues for the six months ended June 30, 2007, increased 88% to $5.0 million compared with total revenues of $2.6 million for the prior year period. At June 30, 2007, the Company's consolidated financial statements for the quarter ended June 30, 2007, showed $7.5 million in total assets, $3.1 million in total liabilities, and $4.3 million in total stockholders' equity.
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Intellectual Property:
The Company's Enhanced Care Initiatives, Inc. subsidiary has four patent applications pending with the U.S. Patent and Trademark Office. The applications include Application No. 10/745,786 entitled - Method And Criterion For Selecting Patients For Participation In A Care Management Program - filed December 27, 2003; Application No. 10/745,787 entitled - Care Management Method For Managing The Treatments Of High Risk Medically Unstable Patients - filed December 27, 2003; Application No. 11/016,058 entitled - Care Management method For Managing Treatments Of High Risk Mentally Unstable Patients – filed December 18, 2004; and Application Entitled - Method of Generating a Healthcare Plan or Wellness Plan for a Member of a Group - Filing Date August 15, 2006. [SEC Filing 10-KSB 04-02-07]
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Description:
The Company provides specialty care management products and services for medically unstable and frail people.
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Officers:
David Chess, M.D. (Chair, Pres., CEO & Chief Medical Officer); Jeffrey L. Zwicker (COO & CFO); Mary Krentzman, MS, RN (VP)
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Auditor:
Carlin Charron & Rosen LLP
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Securities:
Common Stock-Symbol HCNV.OB; OTC BB;
36,245,740 common shares outstanding as of March 28, 2007.
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