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IPC The Hospitalist Company Reports Third Quarter 2009 Results
Date:11/2/2009

16 16 Additional paid-in capital 124,373 122,024 Retained earnings 14,168 907 ------ --- Total stockholders' equity 138,557 122,947 -------- -------- Total liabilities and stockholders' equity $180,253 $162,691 ======== ======== IPC The Hospitalist Company, Inc. Condensed Consolidated Statements of Income (dollars in thousands, except for per share data) (unaudited) Three Months Ended Nine Months Ended September 30, September 30, ------------- ------------- 2009 2008 2009 2008 ---- ---- ---- ---- Net revenue $77,521 $63,164 $228,361 $182,877 Operating expenses: Cost of services-physician practice salaries, benefits and other 56,768 45,816 166,716 132,996 General and administrative 12,784 11,368 37,927 32,727 Depreciation and amortization 536 591 1,699 1,535 --- --- ----- ----- Total operating expenses 70,088 57,775 206,342 167,258 ------ ------ ------- ------ Income from operations 7,433 5,389 22,019 15,619 Investment income 13 186 78 493
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SOURCE IPC The Hospitalist Company, Inc.
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