University General Health System Inc (UGHS) 0.0585 $UGHS
University General Health System Announces Disposition of Certain Non-Performing Assets
Marketwire - Wed Sep 10, 6:31AM CDT
University General Health System, Inc. (OTCQB: UGHS) ("University General"
, a diversified, multi-specialty, integrated, physician-centric general acute care regional health care delivery system, today announced that it is in the process of divesting the following hospital outpatient departments ("HOPDs" : UGH Diagnostic Imaging, UGH Physical Therapy, UGH Kingwood Diagnostic and Rehabilitation Center, Robert Horry Center for Sports and Physical Rehabilitation, UGH Woodlands Physical Therapy, and UGHS Waxahachie Diagnostic Center.
University General Health System Reports Implementation of Permanent Cost Containment Measures
Marketwire - Tue Aug 05, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS) ("University General" , a diversified, multi-specialty, integrated, physician-centric general acute care regional health care delivery system, today announced the implementation of cost containment measures that are expected to result in permanent cost reductions and savings in excess of $13 million annually. The cost saving measures included salary and work force reductions, along with cutbacks in, and/or the elimination of, certain marketing and other initiatives that previously did not produce the desired outcomes.
University General Health System Reports Occupancy, Patient Days and Surgical Volumes for First Half of 2014
Marketwire - Tue Jul 22, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS) ("University General" , a diversified, multi-specialty, integrated, physician-centric general acute care regional health care delivery system, today reported occupancies, patient days and surgical volumes for the six months ended June 30, 2014 at its flagship Houston hospital ("UGH-Houston" and its Dallas hospital ("UGH-Dallas" , which was acquired in December 2012. UGH-Houston recorded an increase in average daily census ("ADC" of 9%, reflecting an average of 41 patients per day versus 38 for the same period in 2013, while adjusted patient days (taking into account outpatient volumes) increased by 15%, from 10,515 during the first half of 2013 to 12,121 in the first six months of 2014, and surgical volumes were flat at 4,342 procedures versus 4,346 in the 2013 period.
University General Health System 2013 Revenue Increases 45% to $164 Million
Marketwire - Wed Jul 02, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced its 2013 operating results, including a 44.8% improvement in total revenue, an improvement in average daily census of 52.9%, an increase in assets of $8.5 million, and a series of operational restructuring initiatives that have been designed to restore the Company's profitability in 2014. The Company will file its Form 10-K annual report with the SEC later today, in advance of an investor conference call that has been scheduled for Thursday, July 3, 2014 at 11:15 EDT to allow ample time for shareholders to review the SEC filing. Details on the conference call are provided later in this release.
University General Health System Reports 51% Increase in Revenue for First Nine Months of 2013
Marketwire - Mon Feb 03, 3:05PM CST
University General Health System, Inc. (OTCQB: UGHS) a diversified, integrated multi-specialty health delivery system, today announced significantly improved revenue for the third quarter and first nine months of 2013. The Company will host an investor conference call at 11:15 a.m. Eastern Time on Tuesday, February 4, 2014 to discuss third quarter and nine-month operating results and other topics of interest (see details below).
University General Health System to Host Investor Update Conference Call on Tuesday, February 4, 2014
Marketwire - Mon Feb 03, 7:28AM CST
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health delivery system, today announced that it has scheduled a conference call for 11:15 a.m. Eastern Time (EST) on Tuesday, February 4, 2014 to review the Company's Form 10-Q filings for the quarters ended March 31, 2013; June 30, 2013; and September 30, 2013, and to update investors regarding other topics of interest.
Nurses Reject Proposed Freeze On Salary Increase
All Africa Global Media - Thu Jan 16, 5:00AM CST
The Ghana Registered Nurses Association (GRNA) have rejected attempt by the government to freeze public sector salary increment for 2014.
Honduras suspends 2 cops in cash-smuggling case
EFE News Services - Tue Jan 14, 2:34PM CST
Two counter-narcotics agents on duty at Tegucigalpa's Toncontin International Airport when three people boarded a flight to Panama with some $7.2 million in cash have been suspended, the Honduran Attorney General's Office said Tuesday.
National Association of Free and Charitable Clinics Receives Designation as Gold-Level GuideStar Exchange Participant
GlobeNewswire - Thu Dec 19, 11:29AM CST
The National Association of Free and Charitable Clinics (NAFC) is excited to announce that the organization has been designated as a Gold-level GuideStar Exchange participant, due to the organization having demonstrated its commitment to transparency.
University General Health System Provides Market Guidance Regarding Second Quarter Results
Marketwire - Thu Aug 29, 9:58AM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced certain preliminary information regarding the quarter ended June 30, 2013. The Company reported that Average Daily Census ("ADC" levels at its flagship hospital in Houston increased by approximately 20%, when compared with the prior-year quarter, while occupancy rates continued to improve at University General Hospital - Dallas, which was acquired in December 14, 2012. Surgical volumes at University General Hospital in Houston rose approximately 28% relative to the second quarter of 2012, while the Dallas hospital reported approximately 53% increase in surgical volumes relative to the month of December 2012.
Kris Trent Joins University General Health System as Chief Accounting Officer
Marketwire - Thu Jun 06, 11:05AM CDT
University General Health System, Inc. (OTCQB: UGHS) ("University General" ("the Company" , a diversified, integrated multi-specialty health care delivery system, today announced that Kris Trent, CPA, has joined the Company's management team as Chief Accounting Officer.
University General Health System to Present at First Annual Singular Research "Solstice Conference" in New York City on Thursday, June 13, 2013
Marketwire - Wed Jun 05, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced that it will be presenting at the First Annual Singular Research "Solstice Conference" on June 13, 2013.
University General Health System to Present at Sidoti & Company Micro-Cap Conference on Friday, June 7, 2013
Marketwire - Fri May 31, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced that it will be presenting at the Sidoti & Company Semi-Annual Micro-Cap Conference on Friday, June 7, 2013. The conference will be held at the Grand Hyatt New York Hotel in New York City.
University General Health System Provides Market Guidance Regarding First Quarter Results
Marketwire - Thu May 16, 10:45AM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced certain preliminary information regarding the quarter ended March 31, 2013. The Company expects to report that first quarter 2013 occupancy at its flagship hospital in Houston exceeded prior-year levels by over 21%. The Company also anticipates a 47% increase in occupancy at its recently acquired University General Hospital - Dallas during the first quarter of 2013, compared with occupancy during the month of December 2012, when the hospital was acquired by the Company. Dallas emergency room visits increased 9% and surgical volumes increased 29% during the most recent quarter relative to the month of December 2012.
University General Health System to Present at 14th Annual B. Riley & Co. Investor Conference on May 20, 2013
Marketwire - Mon May 13, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced that it will be presenting at the 4th Annual B. Riley & Co. Investor Conference on May 20, 2013.
University General Health System Announces Delay in Filing of Form 10-K
Marketwire - Tue Apr 16, 4:01PM CDT
University General Health System, Inc. (OTCQB: UGHS) ("University General" (the "Company" , a diversified, integrated multi-specialty health care delivery system, today announced a delay in the filing with the Securities and Exchange Commission ("SEC" of its Annual Report on Form 10-K for the year ended December 31, 2012. The Company previously filed a Form 12b-25 with the SEC that extended the filing date for its Form 10-K Annual Report. The Company anticipates filing the Form 10-K as soon as possible.
University General Health System Acquires Physical Therapy Center Near Dallas
Marketwire - Wed Apr 03, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS) ("University General" ("the Company" , a diversified, integrated multi-specialty health care delivery system, today announced that it has acquired a physical therapy center in Ennis, Texas, a suburb of Dallas, for an undisclosed amount of cash.
University General Health System Provides Market Guidance Regarding 2012 Operations
Marketwire - Mon Apr 01, 2:13PM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced that it has filed a Form 12b-25 with the Securities and Exchange Commission that allows the Company an extension of up to an additional 15 calendar days to file its Annual Report on Form 10-K for the year ended December 31, 2012. While the Company will also delay the release of its fourth quarter and full year 2012 operating results pending the filing of its Form 10-K with the SEC, it today provided certain preliminary information regarding 2012 operations to the investment community.
University General Health System to Present at Sidoti & Company Annual New York Micro-Cap Conference on Monday, January 7, 2013
Marketwire - Wed Jan 02, 8:55AM CST
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced that it will be presenting at the Sidoti & Company Annual New York Micro-Cap Conference. The conference will be held on Monday, January 7, 2013, at the Grand Hyatt New York Hotel in New York City.
University General Health System to Develop Pearland, Texas Medical Complex
Marketwire - Fri Dec 21, 9:11AM CST
University General Health System, Inc. (OTCQB: UGHS) ("University General" or "the Company" , a diversified, integrated multi-specialty health care delivery system, today announced that it has executed agreements to acquire an interest in approximately 31 acres of undeveloped land from Musgrave-Grohman, Ltd., an Abilene, Texas-based real estate developer, to establish a multi-purpose medical complex on Pearland Parkway in Pearland, Texas, a large suburban city in the greater Houston metropolitan area. The acquisitions are subject to customary closing conditions, including a $20 million financing commitment for the hospital portion of the complex. The projects will be initially funded with the acquired land (with an estimated value of $11 million). The parties are working with multiple sources to secure the additional debt and equity financing that will be required to complete the project.
University General Health System Announces Disposition of Certain Non-Performing Assets
Marketwire - Wed Sep 10, 6:31AM CDT
University General Health System, Inc. (OTCQB: UGHS) ("University General"
, a diversified, multi-specialty, integrated, physician-centric general acute care regional health care delivery system, today announced that it is in the process of divesting the following hospital outpatient departments ("HOPDs" : UGH Diagnostic Imaging, UGH Physical Therapy, UGH Kingwood Diagnostic and Rehabilitation Center, Robert Horry Center for Sports and Physical Rehabilitation, UGH Woodlands Physical Therapy, and UGHS Waxahachie Diagnostic Center. University General Health System Reports Implementation of Permanent Cost Containment Measures
Marketwire - Tue Aug 05, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS) ("University General"
, a diversified, multi-specialty, integrated, physician-centric general acute care regional health care delivery system, today announced the implementation of cost containment measures that are expected to result in permanent cost reductions and savings in excess of $13 million annually. The cost saving measures included salary and work force reductions, along with cutbacks in, and/or the elimination of, certain marketing and other initiatives that previously did not produce the desired outcomes. University General Health System Reports Occupancy, Patient Days and Surgical Volumes for First Half of 2014
Marketwire - Tue Jul 22, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS) ("University General"
, a diversified, multi-specialty, integrated, physician-centric general acute care regional health care delivery system, today reported occupancies, patient days and surgical volumes for the six months ended June 30, 2014 at its flagship Houston hospital ("UGH-Houston" and its Dallas hospital ("UGH-Dallas" , which was acquired in December 2012. UGH-Houston recorded an increase in average daily census ("ADC" of 9%, reflecting an average of 41 patients per day versus 38 for the same period in 2013, while adjusted patient days (taking into account outpatient volumes) increased by 15%, from 10,515 during the first half of 2013 to 12,121 in the first six months of 2014, and surgical volumes were flat at 4,342 procedures versus 4,346 in the 2013 period. University General Health System 2013 Revenue Increases 45% to $164 Million
Marketwire - Wed Jul 02, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced its 2013 operating results, including a 44.8% improvement in total revenue, an improvement in average daily census of 52.9%, an increase in assets of $8.5 million, and a series of operational restructuring initiatives that have been designed to restore the Company's profitability in 2014. The Company will file its Form 10-K annual report with the SEC later today, in advance of an investor conference call that has been scheduled for Thursday, July 3, 2014 at 11:15 EDT to allow ample time for shareholders to review the SEC filing. Details on the conference call are provided later in this release.
University General Health System Reports 51% Increase in Revenue for First Nine Months of 2013
Marketwire - Mon Feb 03, 3:05PM CST
University General Health System, Inc. (OTCQB: UGHS) a diversified, integrated multi-specialty health delivery system, today announced significantly improved revenue for the third quarter and first nine months of 2013. The Company will host an investor conference call at 11:15 a.m. Eastern Time on Tuesday, February 4, 2014 to discuss third quarter and nine-month operating results and other topics of interest (see details below).
University General Health System to Host Investor Update Conference Call on Tuesday, February 4, 2014
Marketwire - Mon Feb 03, 7:28AM CST
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health delivery system, today announced that it has scheduled a conference call for 11:15 a.m. Eastern Time (EST) on Tuesday, February 4, 2014 to review the Company's Form 10-Q filings for the quarters ended March 31, 2013; June 30, 2013; and September 30, 2013, and to update investors regarding other topics of interest.
Nurses Reject Proposed Freeze On Salary Increase
All Africa Global Media - Thu Jan 16, 5:00AM CST
The Ghana Registered Nurses Association (GRNA) have rejected attempt by the government to freeze public sector salary increment for 2014.
Honduras suspends 2 cops in cash-smuggling case
EFE News Services - Tue Jan 14, 2:34PM CST
Two counter-narcotics agents on duty at Tegucigalpa's Toncontin International Airport when three people boarded a flight to Panama with some $7.2 million in cash have been suspended, the Honduran Attorney General's Office said Tuesday.
National Association of Free and Charitable Clinics Receives Designation as Gold-Level GuideStar Exchange Participant
GlobeNewswire - Thu Dec 19, 11:29AM CST
The National Association of Free and Charitable Clinics (NAFC) is excited to announce that the organization has been designated as a Gold-level GuideStar Exchange participant, due to the organization having demonstrated its commitment to transparency.
University General Health System Provides Market Guidance Regarding Second Quarter Results
Marketwire - Thu Aug 29, 9:58AM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced certain preliminary information regarding the quarter ended June 30, 2013. The Company reported that Average Daily Census ("ADC"
levels at its flagship hospital in Houston increased by approximately 20%, when compared with the prior-year quarter, while occupancy rates continued to improve at University General Hospital - Dallas, which was acquired in December 14, 2012. Surgical volumes at University General Hospital in Houston rose approximately 28% relative to the second quarter of 2012, while the Dallas hospital reported approximately 53% increase in surgical volumes relative to the month of December 2012. Kris Trent Joins University General Health System as Chief Accounting Officer
Marketwire - Thu Jun 06, 11:05AM CDT
University General Health System, Inc. (OTCQB: UGHS) ("University General"
("the Company" , a diversified, integrated multi-specialty health care delivery system, today announced that Kris Trent, CPA, has joined the Company's management team as Chief Accounting Officer. University General Health System to Present at First Annual Singular Research "Solstice Conference" in New York City on Thursday, June 13, 2013
Marketwire - Wed Jun 05, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced that it will be presenting at the First Annual Singular Research "Solstice Conference" on June 13, 2013.
University General Health System to Present at Sidoti & Company Micro-Cap Conference on Friday, June 7, 2013
Marketwire - Fri May 31, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced that it will be presenting at the Sidoti & Company Semi-Annual Micro-Cap Conference on Friday, June 7, 2013. The conference will be held at the Grand Hyatt New York Hotel in New York City.
University General Health System Provides Market Guidance Regarding First Quarter Results
Marketwire - Thu May 16, 10:45AM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced certain preliminary information regarding the quarter ended March 31, 2013. The Company expects to report that first quarter 2013 occupancy at its flagship hospital in Houston exceeded prior-year levels by over 21%. The Company also anticipates a 47% increase in occupancy at its recently acquired University General Hospital - Dallas during the first quarter of 2013, compared with occupancy during the month of December 2012, when the hospital was acquired by the Company. Dallas emergency room visits increased 9% and surgical volumes increased 29% during the most recent quarter relative to the month of December 2012.
University General Health System to Present at 14th Annual B. Riley & Co. Investor Conference on May 20, 2013
Marketwire - Mon May 13, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced that it will be presenting at the 4th Annual B. Riley & Co. Investor Conference on May 20, 2013.
University General Health System Announces Delay in Filing of Form 10-K
Marketwire - Tue Apr 16, 4:01PM CDT
University General Health System, Inc. (OTCQB: UGHS) ("University General"
(the "Company" , a diversified, integrated multi-specialty health care delivery system, today announced a delay in the filing with the Securities and Exchange Commission ("SEC" of its Annual Report on Form 10-K for the year ended December 31, 2012. The Company previously filed a Form 12b-25 with the SEC that extended the filing date for its Form 10-K Annual Report. The Company anticipates filing the Form 10-K as soon as possible. University General Health System Acquires Physical Therapy Center Near Dallas
Marketwire - Wed Apr 03, 7:28AM CDT
University General Health System, Inc. (OTCQB: UGHS) ("University General"
("the Company" , a diversified, integrated multi-specialty health care delivery system, today announced that it has acquired a physical therapy center in Ennis, Texas, a suburb of Dallas, for an undisclosed amount of cash. University General Health System Provides Market Guidance Regarding 2012 Operations
Marketwire - Mon Apr 01, 2:13PM CDT
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced that it has filed a Form 12b-25 with the Securities and Exchange Commission that allows the Company an extension of up to an additional 15 calendar days to file its Annual Report on Form 10-K for the year ended December 31, 2012. While the Company will also delay the release of its fourth quarter and full year 2012 operating results pending the filing of its Form 10-K with the SEC, it today provided certain preliminary information regarding 2012 operations to the investment community.
University General Health System to Present at Sidoti & Company Annual New York Micro-Cap Conference on Monday, January 7, 2013
Marketwire - Wed Jan 02, 8:55AM CST
University General Health System, Inc. (OTCQB: UGHS), a diversified, integrated multi-specialty health care delivery system, today announced that it will be presenting at the Sidoti & Company Annual New York Micro-Cap Conference. The conference will be held on Monday, January 7, 2013, at the Grand Hyatt New York Hotel in New York City.
University General Health System to Develop Pearland, Texas Medical Complex
Marketwire - Fri Dec 21, 9:11AM CST
University General Health System, Inc. (OTCQB: UGHS) ("University General" or "the Company"
, a diversified, integrated multi-specialty health care delivery system, today announced that it has executed agreements to acquire an interest in approximately 31 acres of undeveloped land from Musgrave-Grohman, Ltd., an Abilene, Texas-based real estate developer, to establish a multi-purpose medical complex on Pearland Parkway in Pearland, Texas, a large suburban city in the greater Houston metropolitan area. The acquisitions are subject to customary closing conditions, including a $20 million financing commitment for the hospital portion of the complex. The projects will be initially funded with the acquired land (with an estimated value of $11 million). The parties are working with multiple sources to secure the additional debt and equity financing that will be required to complete the project. 
