Pacific Health Care Organization, Inc. Reports its Second Quarter 2025 Financial Results

Core Viewpoint - Pacific Health Care Organization, Inc. reported significant financial growth in its quarterly results for the period ending June 30, 2025, indicating improved operational performance and increased revenues compared to the previous year [1][2][3]. Financial Performance - Total revenues for the quarter ended June 30, 2025, were $1,726,541, an increase from $1,541,087 for the same quarter in 2024, reflecting a year-over-year growth of approximately 12% [2]. - Income from operations rose to $303,559 for the quarter ended June 30, 2025, compared to $191,995 for the same quarter in 2024, marking an increase of about 58% [2]. - Net income for the quarter was $636,907, or $0.05 per weighted average share, compared to $215,556, or $0.02 per share, for the same period in 2024, representing a substantial increase in profitability [3]. Cash Flow Analysis - Net cash provided by operating activities for the six months ended June 30, 2025, was $785,838, a significant increase of $642,190 compared to $143,648 for the same period in 2024 [3]. - Net cash used in investing activities was ($664,536) for the six months ended June 30, 2025, compared to ($181,963) for the same period in 2024, primarily due to the purchase of US Treasury Bills [4]. - Net cash used in financing activities was $35,930 for the six months ended June 30, 2025, a shift from $105,915 of cash provided by financing activities during the same period in 2024, attributed to the maturation of an insurance financing agreement [5]. Company Overview - Pacific Health Care Organization, Inc. specializes in workers' compensation cost containment, aiming to reduce medical claims expenses while ensuring high-quality healthcare for injured employees [7]. - The company offers a range of services, including Health Care Organizations, Medical Provider Networks, medical case management, utilization review, medical bill review, and Medicare set-aside services, which can be provided as bundled solutions or standalone services [7].