U.S. Neurosurgical Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 07, 2021 at 04:01 pm EDT
Share
U.S. NeuroSurgical Holdings, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 3.173 million compared to USD 3.070 million a year ago. Operating income was USD 1.615 million compared to USD 1.490 million a year ago. Net income was USD 533,000 compared to USD 142,000 a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.02 a year ago.
U.S. NeuroSurgical Holdings, Inc., through its wholly-owned subsidiaries, holds interests in radiological treatment facilities. The Company owns and operates stereotactic radiosurgery centers, utilizing gamma knife technology. It owns, or holds interests in, the gamma knife and radiation treatment centers, and charges the hospital or medical facility, where the unit is housed and maintained, based on utilization. It is also focused on developing cancer centers featuring radiation therapy. These centers utilize linear accelerators with Intensity Modulated Radiation Therapy and Image Guided Radiation Therapy capabilities. It is focused on launching and development of Medicare advantage plans for seniors by its subsidiaries, Elite Health Plan and Elite Health Plan of Nevada, Inc. Medicare is the federal health insurance program for people ages 65 and over, to cover people under 65 with certain disabilities and people with end-stage renal disease requiring dialysis or kidney transplant.