Tuesday, April 21, 2009

Lincare sees fall in profits

Lincare Holdings of Clearwater, Florida, a company that provides oxygen and respiratory therapy to patients in their homes, has seen a decrease in the first quarter 2009 revenue. This follows a 9.5% drop in reimbursements for certain Medicare supplies in addition to drug reimbursements that were $220 million lower. For the full story, read here.

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