OPEN MINDS The Behavioral Health & Social Service Industry Analyst

Industry News

Preferred Health Care, Ltd. of Wilton, Connecticut reported record revenues and net income for the fourth quarter and year ended December 31, 1990. Total operating revenues for 1990 were up 38% from those for 1989. 1990 net income rose 33% and net income per share increased by 24%.

Total operating revenues for the year ended December 31, 1990 were $34.4 million, compared to $25 million for 1989. 1990 net income was $5.1 million, or $.45 . . .