First Choice Healthcare Solutions Inc (FCHS)

[jockinmikeg]

Thanks for this. Looks like the switch in billing/collection companies was a good move long term, even if it cost them a lawsuit. Also encouraging to see more third party payer contracts signed for the Back Center and collection rates inline. Looks like the losses were due to audit and closing with the acquisition, litigation settlement, and year-end comps, none of which were spread out. I hope they do a better job of expensing more evenly Q to Q, but all in all my concerns were put to rest.