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Close of 9 Nov 2026, in USD
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About UMC
Its shares trade under the ticker UMCN. It has been listed since 15 June 1994. In the fiscal year to 31 December 2025, it reported revenue of $28,550 and a net loss of $338,191. At that date it held total assets of $140,942 and shareholders' equity of $79,173.
UMC, Inc. engages in the provision of medical insurance claims and accounts receivable management services. The company is headquartered in Springville, Utah. The firm serves healthcare professionals. The firm solves the Self-Pay and Balance After Insurance unpaid account problems facing hospitals and healthcare practices. With the Company’s cloud-based services and mobile app solutions, the Company offers productivity to healthcare professionals and smart phone and computer payment options for patients. The Company’s solutions include accounts receivable processing and healthcare collections. The firm assists in receivables and in managing business offices for small hospitals, clinics, private practices, as well as any other medical treatment facility. The firm provides Claims Management Services, which offers denied and backlog claims inventory to locate errors, and Cloud and Mobile-Based Receivable Management Solutions, which assists to pay outstanding bills with cloud-based services and mobile app solutions.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 15 Jun 1994
- Employees
- 41
Leadership
Pay as last reported
- Danniel StevensChairman of the Board, Chief Executive Officer, since 2007
- Moses MaysChief Operating Officer
- Melvin JonesVice President of Collection Services
- Ron CorderVice President - Business Development
- Michael BumgarnerDirector
- Robert ClouseDirector
- Vernon RosenberyDirector
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
- UMC Inc has several strengths that contribute to its success in the market. Firstly, the company has a diverse and highly skilled workforce, which enables it to handle a wide range of projects efficiently and effectively. This capability gives UMC Inc a competitive advantage over its rivals.
- Secondly, UMC Inc has developed strong relationships with its clients through excellent customer service and consistent delivery of high-quality products and services. These satisfied clients often become repeat customers and provide positive referrals, further enhancing the company's reputation.
Weaknesses
- Despite its strengths, UMC Inc also faces certain weaknesses that hinder its growth prospects. One notable weakness is the company's heavy reliance on a few key clients for a significant portion of its revenue. This dependence makes UMC Inc vulnerable to the potential loss of these clients, which could have a severe impact on its financial stability.
- Additionally, UMC Inc's lack of geographic diversification limits its market reach and exposes the company to regional economic fluctuations. This narrow focus may restrict growth opportunities, especially in markets where UMC Inc has yet to establish a presence.
Opportunities
- UMC Inc has various opportunities to capitalize on in the market. Firstly, there is a growing demand for its core products and services in emerging markets, which presents an opportunity for expansion. By entering new markets and establishing a strong presence, UMC Inc can tap into this untapped potential and significantly increase its market share.
- Secondly, advancements in technology offer UMC Inc the chance to innovate and develop new products or services that cater to changing customer needs. Staying at the forefront of technological advancements can differentiate UMC Inc from its competitors and allow it to gain a competitive edge.
Threats
- UMC Inc faces several threats that pose challenges to its operations. Firstly, intense competition within the industry puts pressure on pricing and profit margins. Competitors with similar capabilities and offerings may attract UMC Inc's clients by offering lower prices or more favorable terms.
- Additionally, economic downturns or market slowdowns can adversely affect UMC Inc's revenue and growth prospects. Reduced client spending or delays in project commencements may lead to lower demand for UMC Inc's services.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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