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:5/28/2015)... (PRWEB) May 28, 2015 Dr. Paul ... surgeons , has announced that the new Houston Surgery ... American Association of Accreditation of Ambulatory Surgery Facilities awarded ... center . , According to Dr. Vitenas, the ... the standards of a Class C ambulatory surgery facility. ...
(Date:5/28/2015)... The connected car is gaining more traction ... vehicles have some iteration of a connected offering in ... insurance companies as the data collected can be used ... insurance (UBI). This is the primary reason that 800+ ... 2015 Conference & Exhibition. , Andrew Pym, TU ...
(Date:5/28/2015)... (PRWEB) May 28, 2015 Hexagon Geospatial ... (BHI) , a provider of engineering, spatial data and ... and analyze thousands of point clouds for urban change ... 2012 to 2014, the BHI Spatial Data Division implemented ... digital stereo aerial imagery. Collected by a variety of ...
(Date:5/28/2015)... 2015 lifeIMAGE announced today ... financing led by Cambia Health Solutions (Portland, ... transforming health care by creating a person-focused and economically ... network for exchanging medical imaging, will use this financing ... the breadth of its network capabilities and implement the ...
(Date:5/28/2015)... Westport, CT (PRWEB) May 28, 2015 ... mobile monitoring software, announced their partnership with ... their kids’ online activity. The partnership ... programs with WebWatcher’s comprehensive parental monitoring software ... Detective Rich Wistocki, BeSure Consulting's passion is ...
Breaking Medicine News(10 mins):Health News:Dr. Paul Vitenas’ New Houston Surgery Center Receives AAAASF Accreditation 2Health News:TU-Automotive: North America’s Leading Insurers Head to Chicago as Connected Car Motor Insurance Shifts up a Gear 2Health News:TU-Automotive: North America’s Leading Insurers Head to Chicago as Connected Car Motor Insurance Shifts up a Gear 3Health News:Hexagon Geospatial Supports Urban Change Detection Programs in New Mexico 2Health News:Hexagon Geospatial Supports Urban Change Detection Programs in New Mexico 3Health News:Cambia Health Solutions Leads New Round of Investment in lifeIMAGE 2Health News:Cambia Health Solutions Leads New Round of Investment in lifeIMAGE 3Health News:Cambia Health Solutions Leads New Round of Investment in lifeIMAGE 4Health News:WebWatcher Partners with BeSure Consulting 2Health News:WebWatcher Partners with BeSure Consulting 3
... Roche and Memory Pharmaceuticals (Nasdaq: MEMY ... a definitive merger agreement for Roche to acquire all ... transaction for an aggregate price of approximately USD 50 ... Memory Pharmaceuticals develops innovative drug candidates for the treatment ...
... 25 Pennsylvania will benefit a potential $16 million ... Botvin LifeSkills Training program, a drug abuse ... released by the Prevention Research Center at Pennsylvania ... of this highly effective program yields a return on ...
... DETROIT, Nov. 24 Caraco Pharmaceutical,Laboratories, Ltd. (NYSE Alternext ... response to the FDA warning letter that was received ... requested a response from Caraco,within 15 business days, ending ... As previously disclosed, the warning letter was issued ...
... , , MONDAY, Nov. 24 (HealthDay News) -- A drug ... and caused fewer side effects than the widely-used migraine ... drug maker Merck & Co. , Zolmitriptan and other ... side effects, including dizziness, tingling and numbness of the ...
... University of California, San Diego (UCSD) and the Moores ... novel drug target for an often difficult-to-treat form of ... pattern of a specific family of enzymes in patients ... of adult leukemia. , Paul Insel, M.D., professor ...
... announced on Friday that Garvan endocrinologist and PhD student, Dr ... the AAAS Science "Dance your PhD" contest. See ... Science magazine challenged researchers around the world to interpret ... share it with the world on YouTube by mid-November. ...
Cached Medicine News:Health News:Roche Signs Definitive Agreement to Acquire Memory Pharmaceuticals 2Health News:Roche Signs Definitive Agreement to Acquire Memory Pharmaceuticals 3Health News:Roche Signs Definitive Agreement to Acquire Memory Pharmaceuticals 4Health News:Drug Abuse and Violence Prevention Program Generates $16 Million in Potential Savings 2Health News:Drug Abuse and Violence Prevention Program Generates $16 Million in Potential Savings 3Health News:Caraco Pharmaceutical Laboratories, Ltd. Responds to FDA Warning Letter 2Health News:New Migraine Drug Shows Promise 2Health News:UCSD researchers identify potential new drug target for chronic leukemia 2Health News:Ph.D. student Sue Lynn Lau dances her way to Chicago 2
(Date:5/28/2015)... , May 28, 2015 The ... will be a supporting organization of the Johnson ... sterilization in 2016. Johnson & Johnson ... of high-profile superbug infections in endoscopes. J&J ran ... issues between 1976 and 2003 on advances in ...
(Date:5/28/2015)... DEKALB, Ill. , May 28, 2015 ... Intent to explore an affiliation with Northwestern Memorial ... and NMHC will further define the affiliation, which ... "KishHealth is recognized for their commitment to ... Dean M. Harrison , President and Chief Executive ...
(Date:5/28/2015)... -- National Community Pharmacists Association (NCPA) CEO B. ... in response to a new report released ... number of generic drug costs increased substantially in 2013: ... expressed by NCPA and underscores the need for action ... Moreover, a 2015 survey of 700 community pharmacists concluded ...
Breaking Medicine Technology:PDA Announces Support for the Johnson & Johnson Kilmer Conference 2KishHealth System Explores Affiliation with Northwestern Memorial HealthCare 2KishHealth System Explores Affiliation with Northwestern Memorial HealthCare 3NCPA: AARP Drug Pricing Report Reiterates Need for Fair Generic Drug Reimbursements 2
... (Nasdaq: CPIX ) announced today that it ... closes on Thursday, November 11, 2010.  A conference call and ... 2010 at 5:00 p.m. Eastern Time to discuss the results. ... (for U.S. callers) or 253-237-1032 (for international callers).  A rebroadcast ...
... N.J., Oct. 28 Ten pharmacy professionals were saluted on ... event was created to honor the future of pharmacy and ... practice. Pharmacy Times and Parata partnered to recognize ... the way for the industry,s future. Mark ...
Cached Medicine Technology:Cumberland Pharmaceuticals to Announce Third Quarter 2010 Financial Results on November 11, 2010 2Next-Generation Pharmacist Winner Announced 2Next-Generation Pharmacist Winner Announced 3
... For Usage: ,Used primarily ... monitoring lumen is used for: ... gases especially end-tidal CO2. ... , Introducing medication. , ...
Indications For Usage: ,Jet ventilation....
Indications For Usage: , Airway management during surgical procedures. , Long-term ventilatory management. ...
Indications For Usage: , Oral Surgery. , Maxillofacial surgery. ...
Medicine Products: