generally accepted in the United States and is susceptible to varying
calculations, it may not be comparable to similarly titled measures in
(3) Operating contribution and EBITDA for the first quarter of 2008
included restructuring and integration costs of $0.3 million, of which
$0.1 million is associated with the Home Health segment, and
$0.2 million is included in corporate expenses. For the first quarter
of 2007, operating contribution and EBITDA included $0.3 million
associated with the Home Health segment and $0.7 million associated
with corporate expenses.
(4) Commercial insurance and other revenues included revenues from
Medicare Advantage business paid on an episodic basis of $11.1 million
for the first quarter of 2008 and $5.4 million for the first quarter
(5) The Company's effective tax rate was 41.6% and 43.2% for the first
quarters of 2008 and 2007, respectively.
Certain statements contained in this news release, including, without
limitation, statements containing the words "believes," "anticipates,"
"intends," "expects," "assumes," "trends" and similar expressions,
constitute "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements are
based upon the Company's current plans, expectations and projections about
future events. However, such statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially different from
any future results, performance or achievements expressed or implied by
such forward-looking statements. These factors include, among others, the
following: economic and business conditions; demographic changes;
|SOURCE Gentiva Health Services, Inc.|
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