Navigation Links
IPC The Hospitalist Company Reports Second Quarter 2009 Results
Date:8/6/2009

June 30, 2009 increased 19.5% to 1,606,000, compared to 1,344,000 for the same period last year. Net revenue for the six months ended June 30, 2009 was $150.8 million, an increase of $31.1 million, or 26.0%, from $119.7 million for the six months ended June 30, 2008. Of this $31.1 million increase, $23.5 million, or 75.6%, was attributable to same-market area growth and $7.6 million was attributable to revenue generated from new market acquisitions. The change in same-market area net revenue was primarily the result of a 13.0% increase in patient encounters and a 4.7% increase in patient revenue per encounter.

Physician practice salaries, benefits and other expenses for the six months ended June 30, 2009 were $109.9 million or 72.9% of net revenue, compared to $87.2 million, or 72.8% of net revenue for the six months ended June 30, 2008.

General and administrative expenses were 16.7% of net revenue for the six months ended June 30, 2009, compared to 17.8% of net revenue for the six months ended June 30, 2008.

Income from operations increased $4.4 million, or 42.6%, to $14.6 million, compared to $10.2 million for the same period in the prior year. The operating margin increased to 9.7% for the six months ended June 30, 2009 from 8.5% for the six months ended June 30, 2008.

The effective tax rate for the six months ended June 30, 2009 was 40.0%, compared to 42.0% for the six months ended June 30, 2008. The decrease in the effective tax rate reflects a new enterprise zone tax credit recorded for the first time in the fourth quarter of 2008.

Net income increased to $8.6 million for the six months ended June 30, 2009, compared to $5.8 million for the six months ended June 30, 2008, and the net income margin increased to 5.7% from 4.8% for the same period in the prior year.

Cash flow from operations for the year-to-date 2009 period was $17.3 million, com
'/>"/>

SOURCE IPC The Hospitalist Company, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14

Related medicine news :

1. Benefits of hospitalist care confirmed in new study
2. Hospitalist Physicians Help Shorten Patient Stays
3. IPC The Hospitalist Company, Inc. Prices Initial Public Offering
4. IPC The Hospitalist Company, Inc. to Present at the 2008 UBS Global Healthcare Services Conference
5. IPC The Hospitalist Company, Inc. Announces Closing of IPO and Exercise of Underwriters Over-Allotment Option
6. IPC The Hospitalist Company, Inc. to Report Fourth Quarter and Year-End 2007 Financial Results
7. IPC The Hospitalist Company Announces Board of Director Member Changes
8. IPC The Hospitalist Company Reports Fourth Quarter and Full Year 2007 Results
9. IPC The Hospitalist Company Sets 2008 Annual Meeting Date
10. IPC The Hospitalist Company Added to Russell 2000 Index
11. IPC The Hospitalist Company, Inc. to Report First Quarter 2008 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/22/2014)... Losing Weight Your Body’s Way , In a ... the face, it certainly can be difficult to choose the ... extra favor by doing it the healthy way? Set aside ... to your body, exercise regularly, and choose foods with the ... weight; you need to exercise more and eat less. Despite ...
(Date:10/22/2014)... October 22, 2014 Akeso Biomedical, ... for the treatment of bacterial infections, microbial biofilms, and ... joined its board of directors. , Dr. ... Systems at The Massachusetts Institute of Technology, or MIT. ... since 1968. Dr. Sinskey also holds positions as Co-Director ...
(Date:10/22/2014)... HealthDay Reporter , TUESDAY, Oct. ... men may lead to increased blood pressure, according to a ... rise in blood pressure for young adult women or for ... women drank lightly or moderately, their risk of high blood ... finding parallels studies in older adult men and women," said ...
(Date:10/22/2014)... HealthDay Reporter TUESDAY, Oct. 21, 2014 (HealthDay News) -- ... NBC News in Liberia has cleared the virus from ... Medical Center in Omaha, where he had been treated for the ... confirmed by the U.S. Centers for Disease Control and Prevention found ... NBC News reported Tuesday night. "Recovering from Ebola is ...
(Date:10/20/2014)... (PRWEB) October 20, 2014 The ... a booth at the American Foundation for Suicide Prevention’s ... The AFSP is a not-for-profit organization that hosts hundreds ... proceeds from these events are used to help understand ... education and personal relationships as well. , The ...
Breaking Medicine News(10 mins):Health News:ReductionGuruMD Presents Ways to Improve Your Weight Loss Results 2Health News:Akeso Biomedical Appoints Dr. Anthony J. Sinskey to Board of Directors 2Health News:Binge Drinking May Boost Blood Pressure in Young Men 2Health News:Binge Drinking May Boost Blood Pressure in Young Men 3Health News:Binge Drinking May Boost Blood Pressure in Young Men 4Health News:U.S. Cameraman Treated for Ebola 'Free' of the Virus 2Health News:U.S. Cameraman Treated for Ebola 'Free' of the Virus 3Health News:The Advocator Group, LLC is Proud to Participate in an Out of the Darkness Community Walk, October 25th, to Increase Suicide Awareness 2Health News:The Advocator Group, LLC is Proud to Participate in an Out of the Darkness Community Walk, October 25th, to Increase Suicide Awareness 3
... are beginning to recognize that the health of people ... and the environment at large. ,Health care ... They are doing away with incinerators, procuring safer construction ... ,According to the Centers for Disease ...
... time. Beer, wine and spirits bottles will now be marked ... to conceive. The decision follows fears over unusually ... warn of subsequent risks such as fetal alcohol syndrome (FAS) ... been protests from the liquor lobby that say that the ...
... that laughter brings out the humanitarian facet and the obliging nature ... conducted by Mark van Vugt and his team from the University ... study were made to watch a hilarious or a serious video ... they were given money which they could either invest in private ...
... and public health organizations in Maine criticized the anti-fluoride campaigns ... residents not to believe the false information and alter their ... for Maine Center for Disease Control had confirmed in a ... is very effective in fighting tooth decay. ...
... has undergone liver transplant is convalescing well. This was ... Russell Britz the Head of the Transplant Unit at ... minister needed this liver transplant very urgently and that ... operation done. ,The Measure for End Stage ...
... in bad light after the death of 10 animals following the ... has sparked// a nationwide recall of pet food. Veterinary offices have ... ,Menu Foods Inc., the manufacturers of many ... 50 brands of dog food and 40 brands of cat food. ...
Cached Medicine News:Health News:Hospitals in US are Going Green 2Health News:Babies and Drinks Don’t Mi 2
(Date:10/22/2014)... Calif. , Oct. 22, 2014  AcelRx ... announced that results from the  IAP310 study have ... Medicine (RAPM), a peer-reviewed journal with broad, ... 3 trial evaluating the safety and efficacy of ... tablet system (SSTS), for the treatment of post-operative ...
(Date:10/20/2014)... 20 de octubre de 2014  PneumRx, Inc. ... de la pulmonología intervencional, anunció hoy la conclusión ... 3 meses antes de lo programado. El Estudio Clínico ... dispositivo de investigación (IDE) aprobada por la FDA ... de espiral de reducción de volumen pulmonar PneumRx ...
(Date:10/20/2014)...   BioNano Genomics announced today achievement of a ... human data at 30X depth, sufficient for a genome map, ... was established and demonstrated for the IrysChip TM V2, ... and will be rolled out to BioNano,s collaborators and ... this advancement at the American Society for Human Genetics ...
Breaking Medicine Technology:AcelRx Announces Publication of Zalviso Phase 3 Abdominal Trial Results 2PneumRx concluye inscripción en prueba fundamental RENEW 2PneumRx concluye inscripción en prueba fundamental RENEW 3BioNano Genomics Announces One Human : One Chip : One Day 2BioNano Genomics Announces One Human : One Chip : One Day 3
... Nov. 27, 2011  FUJIFILM Medical Systems U.S.A., Inc. ... latest addition to the company,s Synapse® RIS and ... North America (RSNA) 2011 Annual Meeting. Version 6.1 ... the ability to better monitor and manage performance ...
... CINCINNATI, Nov. 25, 2011 About 16 months after ... – the company that helped create and build the ... toward its new product development and growth goals. ... on breast biopsy, Mammotome is re-focused, re-energized, and re-committed," ...
Cached Medicine Technology:Latest Version of Fujifilm's Synapse® RIS and TeleRIS Now Available 2Latest Version of Fujifilm's Synapse® RIS and TeleRIS Now Available 3Mammotome Marks Key Milestones as It Grows U.S. and Global Presence 2Mammotome Marks Key Milestones as It Grows U.S. and Global Presence 3
Hydragel K20 is Sebia's quality line of manual agarose gel electrophoresis products. Samples are applied utilizing the same patented applicator combs that is used for sample application on the HYDRAS...
Handheld Digital Retinal Camera...
Inquire...
Specifically for placing follicular units....
Medicine Products: