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
-- 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
-- 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
-- We launched our cancer-specialized disease management program. This
program of nursing outreach to patients
|SOURCE US Oncology Holdings, Inc.|
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