National Medical Enterprises Inc.: The Santa Monica...
- Share via
From Times Wire Services
National Medical Enterprises Inc.: The Santa Monica health services company said fourth-quarter earnings rose 10% to $75.9 million. Revenue was up 14% to $1.01 billion. For the year, income jumped 14% to $272.43 million. Sales slipped 3% to $3.81 billion, largely because of the spinoff of the Hillhaven division into a separate company. The company said continued strong demand for its services and lower interest costs were two reasons for the improved results.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
