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IPC The Hospitalist Company Reports Record First Quarter 2009 Results
Date:5/4/2009

nths Ended March 31, ---------------- 2009 2008 Operating activities Net income $4,517 $3,020 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 588 457 Stock-based compensation expense 448 107 Changes in assets and liabilities: Accounts receivable (1,561) (3,327) Prepaid expenses and other current assets 2,964 4,744 Accounts payable 513 (1,097) Accrued compensation 3,085 (1,984) Medical malpractice and self- insurance reserves 172 729 --- --- Net cash provided by operating activities 10,726 2,649 ------ ----- Investing activities Acquisitions of physician practices (4,792) (3,452) Purchase of furniture and equipment (327) (495) ---- ---- Net cash used in investing activities (5,119) (3,947) ------ ------ Financing activities Repayments of long-term debt and capital leases, net (909) (12,382) Net proceeds from issuance of common and preferred stock 270 46,131 Excess tax benefits from stock-based
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SOURCE IPC The Hospitalist Company, Inc.
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Related medicine news :

1. IPC The Hospitalist Company, Inc. to Report First Quarter 2009 Financial Results
2. IPC The Hospitalist Company Presents IPC Hospitalist of the Year Award to Tim Osonma, M.D.
3. IPC The Hospitalist Company Acquires Arizona Practice
4. Spokane Hospitals Engage Sound Inpatient Physicians(TM) as Hospitalists in Spokane
5. IPC The Hospitalist Company Adopts E-Proxy to Reduce Environmental Impact
6. IPC The Hospitalist Company Reports Record Fourth Quarter and Full Year 2008 Results
7. IPC The Hospitalist Company Receives Best IPO Award from Los Angeles Venture Association
8. IPC The Hospitalist Company Acquires Missouri Practice Group
9. IPC The Hospitalist Company, Inc. to Present at 27th Annual J.P. Morgan Healthcare Conference
10. Physician Staffing Trends and Hospitalist Jobs Fuel Growth at Locum Leaders
11. IPC The Hospitalist Company Acquires Two Florida Practices
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