Home > International Directory of Company Histories > New York Health Care, Inc. - Introduction

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Introduction

1850 McDonald Avenue
Brooklyn, New York 11223
U.S.A.
Telephone: (718) 375-6700
Fax: (718) 375-1555
Web site: http://www.nyhc.com

Public Company
Incorporated: 1983
Employees: 1,929
Sales: $48.9 million (2004)
Stock Exchanges: Over the Counter
Ticker Symbol: BBAL
NAIC: 621610 Home Health Care Services

New York Health Care, Inc. derives all of its income by providing home healthcare services to New York City and surrounding counties in New York State and New Jersey. Since 2004, however, the company has embarked on a course that would divest this business in favor of concentrating on the activities of a wholly owned subsidiary, Bio Balance, developer of treatments for chronic gastrointestinal disorders in an effort to create a pure-play pharmaceutical company. New York Health Care is a public company, trading on a Pink Sheet basis since being delisted by the NASDAQ in 2004.

1. Introduction
2. Company Founding in 1983
3. Going Public in the Mid-1990s
4. Turning to Pharmaceuticals in the 2000s
5. Company Perspectives:
6. Principal Subsidiaries
7. Principal Competitors
8. Key Dates:
9. Further Reading
10. Copyright Page
11. About Page