Apria Profit Falls on Medicare Payments
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From Reuters
Home healthcare provider Apria Healthcare Group Inc. of Lake Forest reported lower first-quarter earnings partly on lower Medicare reimbursements.
First-quarter net income fell to $25.2 million, or 51 cents a share, from $27.8 million, or 55 cents, a year earlier. Revenue in the quarter rose to $372 million from $351 million.
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