First Choice Healthcare Solutions Inc (FCHS)

[jockinmikeg]

Their plans are to replicate the Melbourne model in other areas in the Southeast. Georgia, I remember was a state they liked because of favorable reimbursement rates (much better than FL) so Atlanta wouldn't surprise me. I remember the company saying it takes $8-10M investment per setup. While their cash is decent, it would take additional capital to expand, their thru more loans or sale of stock. The Melbourne model has capacity to do $50-60M a year. They say they want to expand, but I doubt they do until they reach capacity.