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Close of 9 Nov 2026, in USD
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About First Choice Healthcare Solutions
From its filings with the US Securities and Exchange Commission
First Choice Healthcare Solutions is based in Melbourne, Florida and is incorporated in Delaware. Its shares trade on OTC under the ticker FCHS. The SEC classifies its business as medical laboratories. In the fiscal year to 31 December 2013, it reported revenue of $1.0m.
Bulldog Blvd., Suite, 202, Melbourne, Florida, 32901 and our phone number is 321-725-0090. Our corporate website address is www.myfchs.com.
Choice Medical Group had multiple locations for physical therapy, geographically pinpointed for patient convenience.
Choice Physical Therapy conducted free educational classes for the community to receive education regarding balance, back pain, etc.
Additional clinic revenue is projected from insured primary care services, supporting patient acquisition and baseline stability.
As the numbers of our care providers and clinics increase, the economies of scale for our back-office operations will also increase.
13, 2023); “CMS Releases 2023-2032 National Health Expenditure Projections,” (June 12, 2024).
Quoted from its 10-K, filed 11 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Health Care
- Industry
- Health Care Providers & Services
- Listed since
- 29 May 2009
- Employees
- 53
- Website
- myfchs.com ↗
- Head office
- 709 S. HARBOR CITY BLVD., MELBOURNE, FL, 32901
- Incorporated in
- DE
- Classification
- Services-Medical Laboratories
- Filer status
- <br>Emerging growth company
Leadership
Pay as last reported
- Mr. Michael HowePresident, Chief Operating Officer
- Mr. Lance FriedmanChief Executive Officer, Director, since 2020$442,476
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- First Choice Healthcare Solutions Inc has demonstrated consistent strong operational performance, allowing it to efficiently deliver quality healthcare services.
- The company offers a wide range of healthcare services, including specialized medical treatments, rehabilitation, laboratory services, and diagnostic imaging, providing a comprehensive solution for patient needs.
- First Choice Healthcare Solutions Inc has built a strong reputation for providing high-quality healthcare services and attracting experienced medical professionals, gaining trust from patients and partners in the healthcare industry.
Weaknesses
- The company's operations are primarily concentrated in specific regions, limiting its potential market reach and growth opportunities in other areas.
- First Choice Healthcare Solutions Inc's revenue heavily relies on insurance reimbursements, which may be subject to changes in regulations or delays, potentially impacting the financial stability of the company.
Opportunities
- The increasing healthcare needs of the aging population and advancements in medical technologies present opportunities for First Choice Healthcare Solutions Inc to expand its customer base and offerings.
- The adoption of telemedicine and remote healthcare services has gained momentum, allowing the company to explore innovative ways of delivering medical consultations and treatments to a broader audience, potentially increasing accessibility and convenience.
Threats
- The healthcare industry is highly competitive, with numerous providers offering similar services. First Choice Healthcare Solutions Inc may face challenges in maintaining its market share and attracting new patients amidst fierce competition.
- Changes in healthcare regulations and compliance requirements can pose risks for the company, as non-compliance may result in penalties or limitations on operations, affecting its financial performance and reputation.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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