Prospect Medical Holdings Schedules Fiscal 2007 First Quarter Financial Results and Conference Call.CULVER CITY Culver City, city (1990 pop. 38,793), Los Angeles co., S Calif., a residential suburb of Los Angeles; inc. 1917. It is a center of the U.S. motion-picture industry, whose roots in the city date to c.1915. Its chief manufactures are rubber products and computers. , Calif. -- Prospect Medical Holdings, Inc. (AMEX AMEX See: American Stock Exchange : PZZ) ("Prospect Medical"), which manages the medical care of individuals enrolled in managed care (HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, ) plans in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , announced today that it will issue its financial results for the fiscal 2007 first quarter, ended December 31, 2006, immediately after the close of the stock market. Management will conduct a conference call this afternoon at 4:30 pm Eastern Time to discuss these results. Interested parties may participate in the call by dialing (866) 820-1713 (Domestic) or (706) 643-3137 (International) approximately 10 minutes before the call is scheduled to begin and ask to be connected to the Prospect Medical conference call. A recorded replay of the call will be available until 11:59 pm Eastern Time on Wednesday, February 28, 2007. Listeners may dial (800) 642-1687 (Domestic) or (706) 645-9291 (International) and use the code 8646432 for the replay. In addition, the conference call will be broadcast live over the Internet at http://audioevent.mshow.com/323153/. To listen to the live call on the Internet, go to the web site at least 15 minutes early to register, download and install any necessary audio software. If you are unable to participate in the live call, the conference call will be archived and can be accessed for approximately 90 days. ABOUT THE COMPANY Prospect Medical Holdings manages the medical care of individuals enrolled in HMO plans in Southern California. The Company, through its Independent Physician Associations ("IPAs"), contracts with health care professionals to provide a full range of services to HMO enrollees. Prospect does not acquire bricks and mortar A store (shop, supermarket, department store, etc.) in the real world. Contrast with clicks and mortar. , but rather the medical management of the lives serviced by the acquired IPAs. Services provided by Prospect include contract negotiations, physician recruiting and credentialing Credentialing is the administrative process for validating the qualifications of licensed professionals, organizational members or organizations, and assessing their background and legitimacy. , HR, claims administration, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , provider relations, case management, quality assurance, data collection and MIS. Prospect's 11 affiliated IPAs at September 30, 2006 were comprised of approximately 9,000 primary care and specialist physicians serving approximately 171,000 HMO members. |
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