Navigation Links
HealthSouth Reports Strong Results for Third Quarter 2009 and Increases 2009 Guidance
Date:11/3/2009

BIRMINGHAM, Ala., Nov. 3 /PRNewswire-FirstCall/ -- HealthSouth Corporation (NYSE: HLS) today reported its results of operations for the third quarter ended September 30, 2009. The results showed consolidated net operating revenues of $472.7 million for the third quarter of 2009 compared to $455.5 million for the third quarter of 2008, or an increase of 3.8%. This increase was primarily driven by a 5.3% quarter-over-quarter increase in patient discharges on both a consolidated and same store basis.

Reported net income per diluted share was $0.12 per share for the third quarter of 2009 compared to $0.00 per diluted share for the third quarter of 2008. On an adjusted basis, income from continuing operations was $0.38 per diluted share for the third quarter of 2009, which represents a 153.3%, or $0.23 per share, improvement over the $0.15 per diluted share for the third quarter of 2008. The quarter-over-quarter increase was primarily attributable to revenue growth, lower interest expense, and effective expense management. Adjusted income from continuing operations excludes amounts associated with government, class action, and related settlements, losses on interest rate swaps, and other non-recurring items, as outlined in the attached supplemental information.

"The results of another solid quarter reinforce the strength and sustainability of HealthSouth's business model," said Jay Grinney, President and Chief Executive Officer of HealthSouth. "Discharges increased by 5.3% compared to the third quarter of 2008, and we continued to manage our hospitals in a high-quality, cost-effective manner. As a result of these efforts, we were able to generate $132.9 million in cash flows from operating activities during the quarter and saw our Adjusted Consolidated EBITDA grow by $17.0 million, or just over 21%, compared to the third quarter of
'/>"/>

SOURCE HealthSouth Corporation
Copyright©2009 PR Newswire.
All rights reserved

1

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22

Related medicine news :

1. HealthSouth Announces Date of 2009 Third Quarter Earnings Conference Call
2. HealthSouth Declares Dividend on 6.5% Series A Convertible Perpetual Preferred Stock
3. Wellmont, HealthSouth Form Joint Venture to Open a New Rehabilitation Hospital in Southwest Virginia
4. ATSU Arizona Health & Technology Park Partner HealthSouth Holds Grand Opening
5. HealthSouth Comments on Civil Litigation
6. HealthSouth Declares Dividend on 6.5% Series A Convertible Perpetual Preferred Stock
7. HealthSouth Announces Date of 2009 Second Quarter Earnings Conference Call
8. Court Rules in Favor of HealthSouth in Litigation Involving General Medicine, P.C.
9. HealthSouth to Present at 34th Annual Deutsche Bank Health Care Conference
10. HealthSouth Reports Strong EPS Results for First Quarter Ended March 31, 2009
11. HealthSouth to Present at Bairds 2009 Growth Stock Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/16/2009)... -- Medical travel facilitator Companion Global Healthcare Inc. ... into its network of international hospitals that treat ... at mainland U.S. facilities. ,, The announcement means ... and preferred pricing for its individual clients and ... HIMA San Pablo Bayamon or HIMA San Pablo ...
(Date:12/16/2009)... Quantros, Inc., a leading provider of safety and ... healthcare industry, announces the creation of a new ... industry veteran Michael Tulloch, MBA, as Director of ... company,s new Marlborough, MA office. ,, "The expansion ... Tulloch. "Quantros has been developing software for the ...
(Date:12/16/2009)... What happens when the families of sick and dying ... or for them? How do pediatricians respond to such ... religion and spirituality help some patients and families cope ... is almost always the families and patients who raise ... In the current issue of Southern Medical Journal ...
(Date:12/16/2009)... Dec. 16 Tyco International Ltd. (NYSE: ... of Michael E. Daniels for election to the ... General Meeting on March 10, 2010. ,, ... Global Technology Services group of International Business Machines ... for IBM,s Global Services business operations consisting of ...
(Date:12/16/2009)... While many of the,pharma companies are struggling ... and inmarket drugs, MarketsandMarkets on the other ... players. These pharma,forecasting solutions are designed for ... phase,III. These have a substantial impact on ... strategy, manufacturing planning, sales force,promotion, and planning. ...
Breaking Medicine News(10 mins):Health News:Hospitals in Puerto Rico Join Companion Global Healthcare's Network 2Health News:Safety and Quality Software Developer Quantros, Inc. Launches Healthcare IT Consulting Division 2Health News:Prayer on the hospital floor 2Health News:Tyco International Files Preliminary Proxy Proposing Election of New Director 2Health News:MarketsandMarket's Integrated Patient-based Forecasting Solution for Pharmaceutical Industry, Mainly for Pipeline Products 2Health News:MarketsandMarket's Integrated Patient-based Forecasting Solution for Pharmaceutical Industry, Mainly for Pipeline Products 3
... reluctant to confirm or deny reports about his girlfriend Nicole Richie's ... K, the Good Charlotte frontman made it very clear that he ... ,The DJ began to bring up the subject of Joel's ... ,But realising the question that was in store, Madden ...
... babies died at a government-run district hospital in Chhattisgarh ... state assembly Tuesday . ,Amid protests and allegations ... basic medical facilities at the hospital, Agrawal said the ... newly born babies in 2006 and 421 such deaths ...
... in five Siberian regions, a spokesman for a veterinary regulator ... samples taken in the area this year, samples from 50 ... A-H5 virus and antibodies in their blood serum," he said. ... meant that either the birds had survived avian influenza or ...
... studies JAMA,results from two studies indicate that elevated ... such as a heart attack , with one ... does not show this association. ,Triglyceride ... which could exclude certain types of lipoprotein particles ...
... have been discharged from hospital for an asthma attack reduces ... has found. Giving the steroids also reduces their use of ... ,This updated finding was drawn after reviewing data in six ... 16% of people who are discharged from hospital after having ...
... dieting and exercise is a more effective way of losing ... naturally gain weight during pregnancy and many gradually lose it ... additional weight. This retained body weight may be one factor ... to find ways of returning to, and maintaining, pre-pregnant weights, ...
Other Medicine News:Health News:High Nonfasting Triglyceride Levels Linked With Cardiovascular Risks 2
(Date:12/16/2009)... Dec. 16 Keryx Biopharmaceuticals, Inc. ... initiation of a Phase 3 registration clinical ... pathway inhibitor, in relapsed / refractory multiple ... Phase 3 Randomized Study to Assess the ... the Combination of Bortezomib (Velcade®) and Dexamethasone ...
(Date:12/15/2009)... Dec. 15 Warner Chilcott plc (Nasdaq: ... Warner Chilcott Corporation (the "Company") has commenced a ... to the conditions set forth in the Company,s ... December 15, 2009 (the "Offer to Purchase"), for ... subordinated notes due 2015 (the "Notes"). ,, The ...
(Date:12/15/2009)... Sonic Innovations, Inc. (Sonic), a Utah-based global provider ... to its local Feeding America network member food ... Innovations President Paul Wennerholm presented the $10,000 check ... Food Bank, at the nonprofit organization,s Salt Lake ... office food drive and volunteered their time working ...
Breaking Medicine Technology:Keryx Biopharmaceuticals, Inc. Initiates Phase 3 Registration Trial of KRX-0401 (Perifosine) for Treatment of Patients with Advanced Multiple Myeloma 2Keryx Biopharmaceuticals, Inc. Initiates Phase 3 Registration Trial of KRX-0401 (Perifosine) for Treatment of Patients with Advanced Multiple Myeloma 3Keryx Biopharmaceuticals, Inc. Initiates Phase 3 Registration Trial of KRX-0401 (Perifosine) for Treatment of Patients with Advanced Multiple Myeloma 4Keryx Biopharmaceuticals, Inc. Initiates Phase 3 Registration Trial of KRX-0401 (Perifosine) for Treatment of Patients with Advanced Multiple Myeloma 5Keryx Biopharmaceuticals, Inc. Initiates Phase 3 Registration Trial of KRX-0401 (Perifosine) for Treatment of Patients with Advanced Multiple Myeloma 6Keryx Biopharmaceuticals, Inc. Initiates Phase 3 Registration Trial of KRX-0401 (Perifosine) for Treatment of Patients with Advanced Multiple Myeloma 7Warner Chilcott Commences Tender Offer for its 8.75% Senior Subordinated Notes due 2015 2Warner Chilcott Commences Tender Offer for its 8.75% Senior Subordinated Notes due 2015 3Warner Chilcott Commences Tender Offer for its 8.75% Senior Subordinated Notes due 2015 4Warner Chilcott Commences Tender Offer for its 8.75% Senior Subordinated Notes due 2015 5Warner Chilcott Commences Tender Offer for its 8.75% Senior Subordinated Notes due 2015 6Sonic Innovations, Inc. Donates $10,000 to Feeding America 2IASP Sponsors Global Year Against Musculoskeletal Pain 59712 1IASP Sponsors Global Year Against Musculoskeletal Pain 59712 2Homecare Recipients and Providers to Rally against Cuts in IHSS Program 3B Hearing on Lawsuit in Oakland Federal Court Monday 59707 1Homecare Recipients and Providers to Rally against Cuts in IHSS Program 3B Hearing on Lawsuit in Oakland Federal Court Monday 59707 2Small mechanical forces have big impact on embryonic stem cells 10410 1Small mechanical forces have big impact on embryonic stem cells 10410 2
... Group A Strep test delivers excellent sensitivity and ... with a simple, easy-to-use test that provides an ... services enable you to provide improved patient care ... of waived laboratories. Find out what value we ...
... test delivers 100% specificity and 100% ... minutes. With as many as ... follow-up, this assay provides a test ... to detection and treatment while reducing ...
... Neuroline monopolar needle electrodes are ... and feature an ultra-sharp, conical tip, ... point of insertion. This in turn, ... pre-attached lead wire. Ergonomic hub design ...
Shielding's Wrap-Around / Back Relief Apron transfers the weight from the shoulders to the waist with the aid of a 6" wide elastic belt. Belts may be ordered to fit various sized individuals....
Medicine Products: