|
Company:
|
LIFERATE SYSTEMS INC
|
|
Form Type:
|
SC 13G/A
|
|
Filing Date:
|
2/12/2002
|
|
CIK:
|
0000937251
|
|
Address:
|
7210 METRO BLVD
|
|
City, State, Zip:
|
MINNEAPOLIS, Minnesota 55439
|
|
Telephone:
|
(612) 844-0599
|
|
Fiscal Year:
|
12/31
|
|
|
|
|
|
Description of Business
|
|
LifeRate Systems, Inc. (the "Company or "LifeRate") was founded in 1990
to develop a computer system that could help physicians respond to the fee
discount demands from managed care organizations. Since 1990, the Company had
been developing a set of software-based information products designed to enable
healthcare providers to evaluate and demonstrate the quality and cost
effectiveness of the medical care they deliver. The Company had been marketing
these software products since late 1995. After eight years of continuing losses
from operations, the Company ceased its business operations in August 1998. The
Company's Chief Executive Officer resigned, and the Company reduced staff. As of
March 1, 2000 the Company does not have any employees. Although the Company is
continuing to service one customer, it is not marketing or selling its products.
Accordingly, the Company does not expect to generate any meaningful amount of
revenue.
|
|
|
|