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Published on 1/6/2016 in the Prospect News Distressed Debt Daily.

Health Diagnostic Laboratory reports $241,931 net loss for November

By Mark Reccek

Bethlehem, Pa., Jan. 6 – Health Diagnostic Laboratory, Inc. posted a net loss of $241,931 for November on $695,578 in net revenue, according to its monthly operating report filed Jan. 5 with the U.S. Bankruptcy Court for the Eastern District of Virginia.

Those figures compare to a $2.54 million net profit posted for October on $212,621 in net revenue.

The company also had $12.96 million in cash as of Nov. 30, down from $13.57 million at the end of October.

Health Diagnostic, a Richmond, Va.-based blood testing company, filed for bankruptcy on June 7, 2015. The Chapter 11 case number is 15-32919.


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