Navigation Links
LifeCare Holdings, Inc. Announces First Quarter Results
Date:5/15/2008

and an increase of $1.4 million in interest expense, in addition to net increases in other expense categories. The increase in rent expense was the result of a 9.3% increase in the number of licensed beds operated by the Company during the current period. The increase in interest expense was the result of a higher margin spread on our senior secured credit facility during the 2008 period as compared to the 2007 period as the result of the amendments to our senior secured credit facility during 2007.

Credit Agreement EBITDA

For the quarter ended March 31, 2008, adjusted EBITDA as defined in our senior credit facility, which we refer to as Credit Agreement EBITDA, was $13.3 million, an increase of $2.6 million, or 23.9% from the prior year period. Credit Agreement EBITDA reflects the elimination of start-up costs and certain other non-recurring/operational expenditures as defined in our credit agreement.

Liquidity and Capital Resources

At March 31, 2008, our outstanding indebtedness consisted of $147.0 million aggregate principal amount of senior subordinated notes due 2013 and a $248.6 million term loan facility that matures in 2012.

The senior secured credit facility requires us to comply on a quarterly basis with certain financial covenants, including an interest coverage ratio test and a maximum leverage ratio test, which will become more restrictive over time. In addition, the senior secured credit facility includes various negative covenants, including limitations on indebtedness, liens, investments, permitted businesses, restricted payments, transactions with affiliates and other matters, as well as certain customary representations and warranties, affirmative covenants and events of default including payment defaults. As of March 31, 2008, we were in compliance with all covenants contained in our senior secured credit facility, as amended.

We may not be able to continue to satisfy the covenant requirements in subsequen
'/>"/>

SOURCE LifeCare Holdings, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. LifeCare Holdings, Inc. Announces Third Quarter Results
2. LifeCare Hospitals of Wisconsin Unveils Center for Advanced Wound Healing
3. LifeCare Holdings, Inc. Announces Year-end Results
4. LifeCare Holdings, Inc. Names McAlister Chairman and CEO
5. China Shenghuo Pharmaceutical Holdings, Inc. Begins Full-Scale Launch of 12Ways(R) Chinese Herbal Skin Care Product Line
6. AHPC Holdings, Inc. Announces Intent to Deregister Common Stock With Securities and Exchange
7. Siemens Announces Early Termination of Hart-Scott-Rodino Waiting Period For Acquisition of Dade Behring Holdings, Inc.; U.S. Antitrust Clearance Achieved
8. Platinum Underwriters Holdings, Ltd. to Report Third Quarter 2007 Results on October 23, 2007
9. Air Methods Completes Acquisition of FSS Airholdings, Inc., Parent Company of CJ Systems Aviation Group, Inc.
10. NightHawk Radiology Holdings, Inc. Announces Date for Third Quarter Earnings Conference Call
11. China Shenghuo Pharmaceutical Holdings, Inc. Opens Showcase 12Ways(R) Chinese Herbal Beauty Salon in October
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/27/2015)... 27, 2015 Healthpointe is proud to ... M.D., is now treating knee and hip joint disorders ... , Long Beach, and La Mirada. Dr. Stanley Katz ... and hip joint disorders as well as chronic conditions ... in returning his patients back to their normal lives. ...
(Date:3/27/2015)... While deep learning was the topic of ... (GTC) , the CEO of one start-up spoke passionately about ... lifespan well beyond the generally-agreed ceiling of 120 years. , ... one of 12 companies recognized as the hottest GPU-powered startups ... GTC Emerging Companies Summit have business models focused ...
(Date:3/27/2015)... On March 19, 2015, at ... Lions wide receiver Herman Moore, hosted “Fighting Addiction ... substance abuse, treatment options and the recent changes ... pastors, ministers and bishops from local churches as ... , “Our ‘Fighting Addiction Together’ luncheon was informative ...
(Date:3/27/2015)... UK (PRWEB) March 27, 2015 GenSight, ... it has appointed Sean Fitzgerald, a former technology and ... Operating Officer and Interim Chief Financial Officer. , Mr ... education technology innovator, EverFi, backed by Amazon founder and ... founder Evan Williams. Prior to EverFi, he was a ...
(Date:3/27/2015)... When struck with the aftermath of a trucking ... begin. The latest eBook released by Dax Jones ... victims a clear and concise process for obtaining the ... injury claim is seen through to successful completion. , ... should be taken immediately following the trucking incident. From ...
Breaking Medicine News(10 mins):Health News:Fellowship-Trained and Board-Certified Orthopedic Surgeon is Now Treating Knee and Hip Joint Disorders in Anaheim, California 2Health News:Fellowship-Trained and Board-Certified Orthopedic Surgeon is Now Treating Knee and Hip Joint Disorders in Anaheim, California 3Health News:InSilico Medicine, Inc. Stands Out from High Tech Startups at 2015 GPU Conference 2Health News:InSilico Medicine, Inc. Stands Out from High Tech Startups at 2015 GPU Conference 3Health News:LiveToBeSober.org Hosts Conference on Substance Abuse Treatment and Recovery at Ford Field 2Health News:GenSight Appoints Former Technology Executive as Chief Operating Officer 2Health News:Dax Jones Updated eBook on Trucking Accidents Offers Helpful Information to Crash Victims 2
... , MURRIETA, Calif., Sept. 16 Forterus ... drug and alcohol rehabilitation and a variety of other behavioral healthcare ... has updated its web sites at www.forterushealthcare.com ... , , "It is very important that visitors ...
... ... of scientifically targeted nutritional stacks developed by Max Muscle Sport Nutrition available online at ... Anaheim, CA ... of all time, Max Muscle Sports Nutrition athlete and UFC 106 heavyweight title contender Shane ...
... ... summarized within Smart But Feeling Dumb, Dr. Levinson,s groundbreaking research effort has demonstrated ... ADD, Dyspraxia, Anxiety, Phobias, Panic, etc.) all result from a signal scrambling dysfunction ... - 85% of treated patients respond favorably to inner-ear-enhancing medications and nutrients. ...
... Sept. 15 The following was released today by True Torah Jews: ... are concerned about the ongoing accusations of an Israeli hospital, Hadassah, against ... at 50 W. 58th St. this Wednesday, September 16 at 3:30 PM. ... half years of age, was hospitalized at Hadassah on and off for ...
... ... stockholders, agree on ten crucial issues at the center of the health care debate, according ... ... Two groups that drive the American economy, small business owners and stockholders, agree on ten ...
... NEW YORK, Sept. 15 The phrase "High Five" has a ... also about the importance of losing weight. , , ... http://inr.mediaseed.tv/oneClip_C/?feed=aHmxldfx7n1A1TL9XeQmBSEb7YP2NUTr , , Registered journalists can ... use at http://www.mediaseed.tv . , , ...
Cached Medicine News:Health News:Forterus Inc. Launches Updated, Improved Web Site 2Health News:UFC Title Fight Has Stacked Advantage 2Health News:UFC Title Fight Has Stacked Advantage 3Health News:UFC Title Fight Has Stacked Advantage 4Health News:Back to School - Dramatic Medical Help and Hope for the Learning Disabled 2Health News:Back to School - Dramatic Medical Help and Hope for the Learning Disabled 3Health News:American Jews to Protest Against Hadassah Hospital 2Health News:Small Business Owners and Stockholders Agree on Ten Crucial Health Care Reform Issues, According to New Zogby/O'Leary Poll 2Health News:Small Business Owners and Stockholders Agree on Ten Crucial Health Care Reform Issues, According to New Zogby/O'Leary Poll 3Health News:Small Business Owners and Stockholders Agree on Ten Crucial Health Care Reform Issues, According to New Zogby/O'Leary Poll 4
(Date:3/27/2015)... , March 27, 2015 /PRNewswire/ - Medicure Inc. ... of Directors has approved the grant of an aggregate ... company employees and consultants of the Company pursuant to ... are set to expire on the tenth anniversary of ... on the third anniversary of the date of grant ...
(Date:3/27/2015)... Telbec/ - Russell Williams , President of ... the 2015-2016 Quebec Budget, noting the fiscal discipline and ... industry. However, the association is concerned about the decline ... government,s intent to strive for a balanced budget this ... Quebec,s economic development is encouraging," said ...
(Date:3/27/2015)... -- Biopharmaceutical Industry Leads Manufacturing Sector in R&D ... top as the country,s manufacturing leader in innovation and ... According to the  analysis , the industry had the ... decade, accounting for 27 percent of average annual R&D ... Video on Medicare Part D - Medicare Part ...
Breaking Medicine Technology:Quebec 2015-2016 Budget: Rx&D welcomes fiscal discipline and biopharma working group, but the decrease in government spending on medicines is questioned 2Quebec 2015-2016 Budget: Rx&D welcomes fiscal discipline and biopharma working group, but the decrease in government spending on medicines is questioned 3Week in Review: The Latest from PhRMA 2
... NEW YORK, Aug. 22, 2011 ... research report is available in its ... of Leading North American Diagnostic Imaging ... http://www.reportlinker.com/p0593524/Strategic-Assessments-of-Leading-North-American-Diagnostic-Imaging-Market-Players.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Medical_Imaging This report ...
... LONDON, August 22, 2011     ... help CAHs catch up   with   their urban counterparts in ... California   data spill shows risk of online health records ... towards Healthcare IT and its current challenges? Ambitious national healthcare IT ...
Cached Medicine Technology:Strategic Assessments of Leading North American Diagnostic Imaging Market Players 2Strategic Assessments of Leading North American Diagnostic Imaging Market Players 3Strategic Assessments of Leading North American Diagnostic Imaging Market Players 4Strategic Assessments of Leading North American Diagnostic Imaging Market Players 5Strategic Assessments of Leading North American Diagnostic Imaging Market Players 6Innovations in E-Health & Informatics Europe: The Need for a European EHealth Strategy 2
One inch disposable patch electrode uses a specially formulated adhesive solid gel. Reusable lead wire with snap connector provides economic benefits. Ideal for sleep studies where leg movement or EK...
... Made with elastic fabric, these head cap ... need to begin testing. Each Electro-Cap System ... the International 10-20 System. When you place ... are using with your head cap system ...
... When testing takes you into the OR, ER, ... protection of Cadwells new shielded electrodes. Keeping noise ... and paired disc electrode has a special shielded ... the damaging effects of 60-cycle interference. That means ...
... 3 (Binocular Indirect Ophthalmo-Microscope) incorporates the principle of ... a view of up to 130 degrees of ... the eye may be rotated freely so that ... Even surgery through small pupils is possible. ...
Medicine Products: