Conmed Healthcare Management Inc., said Thursday that its profit climbed in the fourth quarter because of business with new jurisdictions. Conmed Healthcare trades on the “American Stock Exchange” under the stock symbols “CONM”. For More information regarding the “CONM”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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Conmed Healthcare Management Inc. (Amex:CONM), which provides health care services to prisons, said Thursday that its profit climbed in the fourth quarter because of business with new jurisdictions.
Conmed's quarterly profit rose to $1.4 million, or 7 cents per share, from $19,000, or less than a penny per share, in the same quarter of 2008. Revenue increased 15 percent to $14 million from $12.2 million.
About Conmead Healthcare Management Inc:
Conmed Healthcare Management, Inc. provides correctional healthcare services to county detention centers in the United States. Its correctional healthcare services include general healthcare services, acute care services, surgical services, laboratory services, IV therapy, EKGs, diagnostic imaging/radiology, dialysis services, durable medical equipment, hospital services, mental health services, pharmacy, physical and occupational therapy, and dental services. As of December 31, 2008, Conmed Healthcare Management serviced detention facilities in 32 counties in 6 states. The company was founded in 1984 and is headquartered in Hanover, Maryland
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