MIT Holding, a health care services company, reports second-quarter net profit of $20,892. This is a major milestone in the company’s evolution as it is the first quarterly profit for the company in six years.
This is a net turnaround of $360,949 from the same quarter in 2013 and a net turnaround of $688,953 from the same six months of 2013. Since the completion of the re-organization of the company and requirements of 32% minimum net profits for all subsidiaries MIT Holding has seen income from activities increase 96.2% for the first six months of 2014 versus the first six months of 2013.
“The swing to profitability validates the company’s business model and our approach to the ever changing ‘Health Care Act’ and health services industry. The company having turned profitable is a major success, and we look forward to building on this over the coming months and years,” Walter Drakeford, president of MIT Holding, stated in the news release. “This success is a direct result of an attitude and approach of showing ‘genuine care,’ for our patients. Our goal is a stress free recovery after a medical event, allowing you to direct all your energy’s into recovering.”
For more information visit www.mitholdingsinc.com
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