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Published on 3/11/2016 in the Prospect News Distressed Debt Daily.

Health Diagnostic sees $4.06 million January net loss, $58,871 revenue

By Sheri Kasprzak

New York, March 11 – Health Diagnostic Laboratory, Inc. posted a net loss of $4,061,243 for January on $58,871 in net revenue, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Eastern District of Virginia.

The net loss is an improvement over its $6.91 million loss in December on negative $2,775 in net revenue.

Additionally, the company had $15,497,514 in cash as of Jan. 31, up from $14.69 million in December.

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


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