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US Oncology Reports Fourth Quarter and Fiscal Year 2007 Results
Date:2/28/2008

ents, including approximately

250,000 new patients.

-- Operating cash flow for the year ended December 31, 2007 was

$164.7 million, compared with $20.5 million in 2006. The increase in

operating cash flow is primarily due to working capital investments

for the Company's distribution center made during the first quarter of

2006.

-- During 2007, 190 physicians began practicing as part of the US

Oncology network. For the same period, 58 physicians separated from

the network, including 45 who retired or otherwise left practices that

remain affiliated with the company and 13 at former OPS practices who

separated due to disaffiliation of their practice from our network.

In the fourth quarter of 2007, our network grew by a net of 35

physicians, which represents the sixth consecutive quarter of net

growth.

-- As of December 31, 2007, 32 physicians had executed agreements to join

the US Oncology network under CSA and OPS agreements and are expected

to begin practicing under these agreements in 2008. Subsequently, an

agreement with a 47 physician practice affiliating with the Company

under a comprehensive service agreement was signed, with the

affiliation effective January 1, 2008. Also, at December 31, three

integrated cancer centers were under construction and are expected to

begin providing patient care in 2008.

Bruce Broussard, president and chief executive officer stated, "We continue to focus on efforts in expanding our local presence, improving the network's quality of care and driving more efficient cancer treatments. In that context, during fiscal 2007 we made great advances in our strategic initiatives, including:

-- We launched our cancer-specialized disease management program. This

program of nursing outreach to patients
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SOURCE US Oncology Holdings, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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