Talbert Medical Management Holdings Corp.
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The Costa Mesa physician and dental management company also said delays in the PacifiCare-FHP deal affected second-quarter results.
The company, which was spun off from FHP in May, posted a net loss of $9.7 million, or $3.15 a share, compared with a net loss of $1.6 million, or 54 cents a share, for the like period last year. Revenue declined 15% to $101.8 million from $119.1 million.
The net loss for the first half totaled $17.6 million, or $5.79 a share, compared with a year-earlier net loss of $2.8 million, or 93 cents a share. Revenue was down 13% to $206.6 million from $236.5 million.
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