Sun Healthcare Group reported net income climbed 86% to $16.4 million, or 34 cents per share, in the second quarter ended June 30, from $8.8 million, or 18 cents per share, in the year-ago quarter. Revenues rose 17% to $325.5 million.
For the six months, net income grew 99% to $31.7 million, or 64 cents per share, from $15.9 million, or 33 cents per share, in the year-ago period. Revenues rose 21% to $645.7 million. The Albuquerque, N.M.-based company operates more than 100 long-term-care facilities and provides therapy and pharmaceutical services to nursing homes.