PainCare says may sell, close 10 medical practices

Last Updated: 2007-10-03 15:00:35 -0400 (Reuters Health)

BANGALORE (Reuters) – PainCare Holdings Inc, a pain-focussed medical and surgical services provider, said it may close or sell back to the physicians 10 out of the 20 medical practices it managed.

Chief Executive Officer Randy Lubinsky said in a statement the company may divest another two practices, with the decision likely to be made by the end of the year. (Reporting by Ramya Dilip in Bangalore)