PPM/MSO News

• Birman Managed Care (Cookeville, TN) reported a 2Q00 net loss of $845,793, 31 cents per share, compared to a 2Q99 net loss of $298,821, 22 cents per share. The company posted 2Q00 revenues of $751,044, down from 2Q99 revenues of $1.9 million. In its previous financial statement, Birman said, it anticipated lower operating losses in 1Q00 and 2Q00, as revenue is realized from the additional contracts from the investment made in retaining and refocusing marketing personnel for QMP; and selling, general, and administrative costs decreased due to steps taken by Birman in 1Q99 and 3Q99 to reduce overhead.