Examine UGHS a little closer @ .21 on deal with hospital giant UNH

Newsletter sampling from www.greenbackers.com

 

From: Greenbackers

Sent: Wednesday, February 26, 2014 2:53 AM

To: Undisclosed-Recipient:;

Subject: Examine UGHS a little closer on deal with hospital giant UNH

 

 

 

Focus:

 

 

 

UGHS partnering up with a giant in their industry....Deserves closer attention at .21.....Recall they got current with their financials recently in addition to reporting solid growth and profit for the last qtr...

 

UGHS

03:47pm EST

0.2100

+0.0050

+2.44%

0.20

0.22

382,237

 

UGHS	UNIVERSITY GENERAL HEALTH SYSTEM, INC. Files SEC form 8-K, Financial Statements and Exhibits at EDGAR Online Tue 8:29am

 

University General Health System (UGHS) Extends Access To UnitedHealthcare Plan Participants

By Tobin Smith | February 25, 2014, 12:11pm GMT

People enrolled in UnitedHealthcare's employer-sponsored, individual, Medicare Advantage and Medicaid health plans now have access to University General Hospital in Houston, located near the Texas Medical Center.

University General Hospital is a general acute care hospital that includes a fully staffed and licensed emergency room as well as outpatient imaging, laboratory services and in-patient care.

University General's emphasis on patient comfort and favorable outcomes is evident in its Hospital Outpatient Departments, which include ambulatory surgical centers, diagnostic imaging facilities, physical therapy, sports rehab, sleep clinics and a hyperbaric wound care center. The hospital has attracted a growing number of respected surgeons and other physicians from the Houston medical community.

"We are very pleased that University General's medical care will now be available to UnitedHealthcare plan participants on an in-network basis," said Hassan Chahadeh, M.D., chairman and CEO of University General Health System, Inc., the publicly-traded parent of University General Hospital. "One of our primary goals has been to offer patient-centric care to the broadest number of people throughout the Houston metropolitan area, and by expanding access to our facility to include UnitedHealthcare customers, we will achieve this objective."

"University General is an important addition to our care provider network, giving UnitedHealthcare plan customers greater choice and access to facilities near where they live and work," said Dave Milich, CEO, UnitedHealthcare of South Texas.

UnitedHealthcare, a UnitedHealth Group (NYSE: UNH) company, serves more than 3.8 million Texans with a care provider network of more than 500 hospitals and 51,000 physicians and care professionals statewide.

Want to know more about University General Health System? Check out our detailed report.

Source: MarketWired

 

• University General Health System Reports 51% Increase in Revenue for First Nine Months of 2013Marketwired(Mon, Feb 3)

ceo:  This was a much better quarter for the Company than the previous quarters of 2013,....

Total shareholders' equity improved to $16.8 million at September 30, 2013, from $10.7 million at December 31, 2012.

 

UnitedHealth Group Incorporated (UNH)

-NYSE Follow

75.32 0.69(0.91%) Feb 25, 4:00PM

Day's Range:	75.13 - 76.14
52wk Range:	52.88 - 77.33
Volume:	3,762,240
Avg Vol (3m):	4,824,520
Market Cap:	74.51B
P/E (ttm):	13.69
EPS (ttm):	5.50
Div & Yield:	1.12 (1.50%)

 

 

 

 

 

 

 

 

 

 

 

Income Statement
Revenue (ttm):	156.29M
Revenue Per Share (ttm):	0.44
Qtrly Revenue Growth (yoy):	37.60%

 

 

 

 

 

 

 

 

 

 

 

mj:

 

 

CBGI the standout:

CBGI

03:54pm EST

0.0198

+0.0048

+32.00%

0.015

0.0198

1,715,706

 

 

 

 

XTRM continues to buck the general sector pullback trend...

XTRM

03:59pm EST

0.0650

+0.0058

+9.80%

0.06

0.068

18,283,609

• XTRM Cannabis Ventures Sets Closing Date On 40 Acre Parcel For Hemp / Marijuana Cultivation - Targets Additional Properties For PurchaseAccesswire(Tue, Feb 25)
• XTRM Cannabis Aggressively Merging Marijuana Industry with the Energy SectorAccesswire(Mon, Feb 24)

 

 

 

 

 

 

PHOT notable dayend pickup.....Ongoing around .30...

Headlines

• [video] Cannabis College or Bust: TheStreet Goes to Pot Schoolat TheStreet(Mon, Feb 24)

 

 

 

Can't win'em all.....so gos the case with LATF...Didn't really do our homework....Recall however took a small position...The issue here seems to be with their 'Green Cannabis' subsidiary not panning out we did not weigh in on from the Feb 20pr........That said, going to hold out for a bounce, as more a near term oversold case........Keep in mind the low float/swings will be dramatic...

 

0.008 0.00(20.59%) Feb 25, 3:59PM EST

 

Headlines

• Latteno Food Releases Preliminary Numbers for 4th Quarter FinancialsMarketwired(Thu, Feb 20)
• ......Green-Cannabis is being terminated due to lack of support and limited products offering. Latteno has consolidated Green-Cannabis' products and services to Valley Organics Latteno Releases Corporate UpdatesMarketwired(Wed, Feb 12)
• Latteno's Wholly-Owned Subsidiary Valley Organics Introduces New Medical Marijuana Product-NullFlamMarketwired(Mon, Feb 10)
• Latteno Invites Consumers to Submit MMJ RecipesMarketwired(Wed, Jan 15)

Market Cap:	284.37K

 

 

Shares Outstanding5:

35.11M

 

 

 

 

 The thing about the sector is you don't have to wait long for general news....Most recently being the beginning of bank approval.......Look forward to decisions in Florida and Calif into 2014... 

• )
• [video] Quick Take: Guidelines Give Green Light to Banks Dealing With Pot Companiesat TheStreet(Tue, Feb 18)