Sunlink Health Systems (SSY) 1.23 $SSY
Piedmont Mountainside and SunLink Subsidiaries Sign Definitive Agreement for Gilmer County Healthcare Services
BusinessWire - Mon Jun 06, 3:39PM CDT
Piedmont Mountainside Hospital and subsidiaries of SunLink Health Systems, Inc. (NYSE MKT: SSY) have signed a definitive agreement under which Piedmont Mountainside will lease and operate the existing emergency department facility of North Georgia Medical Center. Piedmont will also lease a nearby medical office building and adjacent facilities which house physician offices and related services. SunLink's subsidiary, Southern Health Corporation of Ellijay, Inc. will continue to provide long-term care and skilled nursing care at its 100-bed Gilmer Nursing Center. North Georgia Medical Center has provided the state with 30-days notice that it will suspend hospital services. The emergency department lease will commence after final approval and licensing by Georgia's Department of Community Health (DCH) and is expected to be completed by September 1, 2016 and re-opened by November 1, 2016. The lease of the medical office building will be effective July 1, 2016.
SSY: 1.23 (+0.07)
SunLink Health Systems, Inc. Announces Fiscal 2016 Third Quarter Results
BusinessWire - Fri May 13, 7:30AM CDT
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced a loss from continuing operations for its third fiscal quarter ended March 31, 2016 of $1,714,000 or a loss of $0.18 per fully diluted share, compared to a loss from continuing operations of $316,000 or a loss of $0.03 per fully diluted share, for the quarter ended March 31, 2015. Net loss for the quarter ended March 31, 2016 was $1,835,000, or a loss of $0.19 per fully diluted share, compared to a net loss of $411,000, or a loss of $0.04 per fully diluted share, for the quarter ended March 31, 2015. The losses resulted primarily from lower inpatient volume and surgeries in the Healthcare Facilities Segment and the inability to reduce costs commensurate with the lower revenue.
SSY: 1.23 (+0.07)
SunLink Health Systems, Inc. Announces Fiscal 2016 First Quarter Results
BusinessWire - Mon Nov 16, 7:08AM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced a loss from continuing operations for its first fiscal quarter ended September 30, 2015 of $1,521,000 or a loss of $0.16 per fully diluted share, compared to a loss from continuing operations of $111,000 or a loss of $0.01 per fully diluted share, for the quarter ended September 30, 2014. Net loss for the quarter ended September 30, 2015 was $1,668,000, or a loss of $0.18 per fully diluted share, compared to a net loss of $413,000, or a loss of $0.04 per fully diluted share, for the quarter ended September 30, 2014. The losses resulted primarily from lower inpatient volume and surgeries in the Healthcare Facilities Segment and the inability to reduce costs commensurate with the lower revenue.
SSY: 1.23 (+0.07)
SunLink Health Systems, Inc. Announces Fiscal 2015 Fourth Quarter and Full-Year Results
BusinessWire - Thu Sep 24, 4:31PM CDT
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced earnings from continuing operations for its fourth fiscal quarter ended June 30, 2015 of $112,000 or $0.01 per fully diluted share, compared to earnings from continuing operations of $673,000 or $0.07 per fully diluted share, for the quarter ended June 30, 2014. The results for the quarter ended June 30, 2015 included a $2,172,000 decrease of pre-tax Medicare and Medicaid electronic health incentive payments compared to the comparable quarter last year. Net earnings for the quarter ended June 30, 2015 were $92,000, or $0.01 per fully diluted share, compared to net earnings of $1,350,000, or $0.14 per fully diluted share, for the quarter ended June 30, 2014. In addition to the higher Medicare and Medicaid electronic health incentive payments in the prior year, the June 30, 2014 quarterly results included earnings from discontinued operations of $677,000.
SSY: 1.23 (+0.07)
SunLink Health Systems, Inc. - Company Capsule Market Share, Size, Growth & Trends Reprot
M2 - Mon Mar 02, 4:52AM CST
Synopsis
SSY: 1.23 (+0.07)
SunLink Health Systems, Inc. Announces Fiscal 2015 Second Quarter Results
BusinessWire - Tue Feb 17, 4:00PM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced earnings from continuing operations for its second fiscal quarter ended December 31, 2014 of $989,000 or $0.10 per fully diluted share, compared to earnings from continuing operations of $350,000 or $0.04 per fully diluted share, for the quarter ended December 31, 2013. SunLink reported net earnings for the quarter ended December 31, 2014 of $977,000, or $0.10 per fully diluted share, compared to earnings of $227,000, or $0.02 per fully diluted share, for the quarter ended December 31, 2013.
SSY: 1.23 (+0.07)
SunLink Health Systems Enters into Agreement to Sell Callaway Community Hospital
BusinessWire - Thu Dec 04, 7:56AM CST
SunLink Health Systems, Inc. (NYSE:MKT: SSY) today announced that its wholly-owned subsidiary, HealthMont of Missouri, LLC, has entered into an agreement for the sale of its Callaway Community Hospital in Fulton, MO for approximately $6,000,000. SunLink expects to recognize an after tax loss of approximately $300,000 on the transaction which is scheduled to close on December 31, 2014. Proceeds of the sale of approximately $1,000,000, after repayment of hospital mortgage debt of approximately $5,000,000, will be used for general corporate purposes.
SSY: 1.23 (+0.07)
SunLink Health Systems' loss from continuing operations narrows to USD403,000 in Q1 fiscal 2015
M2 - Mon Nov 17, 6:24AM CST
Healthcare services company SunLink Health Systems (NYSE MKT:SSY) on Friday declared a loss from continuing operations of USD403,000 (USD0.04 per fully diluted share) for its first fiscal quarter ended 30 September 2014.
SSY: 1.23 (+0.07)
Piedmont Mountainside and SunLink Subsidiaries Sign Definitive Agreement for Gilmer County Healthcare Services
BusinessWire - Mon Jun 06, 3:39PM CDT
Piedmont Mountainside Hospital and subsidiaries of SunLink Health Systems, Inc. (NYSE MKT: SSY) have signed a definitive agreement under which Piedmont Mountainside will lease and operate the existing emergency department facility of North Georgia Medical Center. Piedmont will also lease a nearby medical office building and adjacent facilities which house physician offices and related services. SunLink's subsidiary, Southern Health Corporation of Ellijay, Inc. will continue to provide long-term care and skilled nursing care at its 100-bed Gilmer Nursing Center. North Georgia Medical Center has provided the state with 30-days notice that it will suspend hospital services. The emergency department lease will commence after final approval and licensing by Georgia's Department of Community Health (DCH) and is expected to be completed by September 1, 2016 and re-opened by November 1, 2016. The lease of the medical office building will be effective July 1, 2016.
SSY: 1.23 (+0.07)
SunLink Health Systems, Inc. Announces Fiscal 2016 Third Quarter Results
BusinessWire - Fri May 13, 7:30AM CDT
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced a loss from continuing operations for its third fiscal quarter ended March 31, 2016 of $1,714,000 or a loss of $0.18 per fully diluted share, compared to a loss from continuing operations of $316,000 or a loss of $0.03 per fully diluted share, for the quarter ended March 31, 2015. Net loss for the quarter ended March 31, 2016 was $1,835,000, or a loss of $0.19 per fully diluted share, compared to a net loss of $411,000, or a loss of $0.04 per fully diluted share, for the quarter ended March 31, 2015. The losses resulted primarily from lower inpatient volume and surgeries in the Healthcare Facilities Segment and the inability to reduce costs commensurate with the lower revenue.
SSY: 1.23 (+0.07)
SunLink Health Systems, Inc. Announces Fiscal 2016 First Quarter Results
BusinessWire - Mon Nov 16, 7:08AM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced a loss from continuing operations for its first fiscal quarter ended September 30, 2015 of $1,521,000 or a loss of $0.16 per fully diluted share, compared to a loss from continuing operations of $111,000 or a loss of $0.01 per fully diluted share, for the quarter ended September 30, 2014. Net loss for the quarter ended September 30, 2015 was $1,668,000, or a loss of $0.18 per fully diluted share, compared to a net loss of $413,000, or a loss of $0.04 per fully diluted share, for the quarter ended September 30, 2014. The losses resulted primarily from lower inpatient volume and surgeries in the Healthcare Facilities Segment and the inability to reduce costs commensurate with the lower revenue.
SSY: 1.23 (+0.07)
SunLink Health Systems, Inc. Announces Fiscal 2015 Fourth Quarter and Full-Year Results
BusinessWire - Thu Sep 24, 4:31PM CDT
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced earnings from continuing operations for its fourth fiscal quarter ended June 30, 2015 of $112,000 or $0.01 per fully diluted share, compared to earnings from continuing operations of $673,000 or $0.07 per fully diluted share, for the quarter ended June 30, 2014. The results for the quarter ended June 30, 2015 included a $2,172,000 decrease of pre-tax Medicare and Medicaid electronic health incentive payments compared to the comparable quarter last year. Net earnings for the quarter ended June 30, 2015 were $92,000, or $0.01 per fully diluted share, compared to net earnings of $1,350,000, or $0.14 per fully diluted share, for the quarter ended June 30, 2014. In addition to the higher Medicare and Medicaid electronic health incentive payments in the prior year, the June 30, 2014 quarterly results included earnings from discontinued operations of $677,000.
SSY: 1.23 (+0.07)
SunLink Health Systems, Inc. - Company Capsule Market Share, Size, Growth & Trends Reprot
M2 - Mon Mar 02, 4:52AM CST
Synopsis
SSY: 1.23 (+0.07)
SunLink Health Systems, Inc. Announces Fiscal 2015 Second Quarter Results
BusinessWire - Tue Feb 17, 4:00PM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced earnings from continuing operations for its second fiscal quarter ended December 31, 2014 of $989,000 or $0.10 per fully diluted share, compared to earnings from continuing operations of $350,000 or $0.04 per fully diluted share, for the quarter ended December 31, 2013. SunLink reported net earnings for the quarter ended December 31, 2014 of $977,000, or $0.10 per fully diluted share, compared to earnings of $227,000, or $0.02 per fully diluted share, for the quarter ended December 31, 2013.
SSY: 1.23 (+0.07)
SunLink Health Systems Enters into Agreement to Sell Callaway Community Hospital
BusinessWire - Thu Dec 04, 7:56AM CST
SunLink Health Systems, Inc. (NYSE:MKT: SSY) today announced that its wholly-owned subsidiary, HealthMont of Missouri, LLC, has entered into an agreement for the sale of its Callaway Community Hospital in Fulton, MO for approximately $6,000,000. SunLink expects to recognize an after tax loss of approximately $300,000 on the transaction which is scheduled to close on December 31, 2014. Proceeds of the sale of approximately $1,000,000, after repayment of hospital mortgage debt of approximately $5,000,000, will be used for general corporate purposes.
SSY: 1.23 (+0.07)
SunLink Health Systems' loss from continuing operations narrows to USD403,000 in Q1 fiscal 2015
M2 - Mon Nov 17, 6:24AM CST
Healthcare services company SunLink Health Systems (NYSE MKT:SSY) on Friday declared a loss from continuing operations of USD403,000 (USD0.04 per fully diluted share) for its first fiscal quarter ended 30 September 2014.
SSY: 1.23 (+0.07)
