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Alliance Medical net loss widens to $211,222 in August; revenue grows
By Caroline Salls
Pittsburgh, Nov. 14 – Alliance Medical Holdings, LLC reported a $211,222 net loss for August on $10.91 million in revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Texas.
In comparison, Alliance posted a $102,486 net loss for July on $10.88 million in revenue.
The company had $4.55 million in cash as of Aug. 31, up from $2.83 million at the end of July.
Alliance Medical is a South Jordan, Utah-based pharmacy company. The company filed bankruptcy on April 7, 2017 under Chapter 11 case number 17-32186.
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