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HLTH Corporation Announces Fourth Quarter Financial Results
Date:2/19/2009

ine Services segment Adjusted EBITDA was $34.1 million compared to $31.6 million in the prior year period.

Traffic to the WebMD Health Network continued to grow strongly, reaching a record average of 54 million unique users per month and total traffic of 1.3 billion page views during the fourth quarter, increases of 21% and 30%, respectively, from a year ago. In the fourth quarter, 1.5 million continuing medical education (CME) programs were completed on the WebMD Professional Network, an increase of 60% from the prior year period.

The base of large employers and health plans utilizing WebMD's private Health and Benefits portals during the fourth quarter was 134 as compared to 117 a year ago. The installed base of customers licensing the WebMD private portal platform now includes: Blue Cross Blue Shield of North Carolina, Hewlett Packard Company, International Union of Operating Engineers and Ohio State University.

Publishing and Other Services segment revenue was $2.8 million for the fourth quarter compared to $4.3 million in the prior year period, a decrease of $1.5 million primarily related to a decline in advertising in WebMD's Little Blue Book print products. Publishing and Other Services segment Adjusted EBITDA was a loss of $(338) thousand compared to a profit of $1.5 million in the prior year period.

Discontinued Operations

HLTH's financial results present ViPS, Porex and WebMD's offline professional medical reference and textbook publication business as discontinued operations in the current and prior year periods, reflecting business divestitures and the decision to divest Porex.

Financial Guidance

WebMD reaffirmed its financial guidance for the year ending December 31, 2009 in a separate press release issued by WebMD today.

HLTH's corporate segment expense is expected to be $14 million to $1
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SOURCE HLTH Corporation
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