Navigation Links
LifeCare Holdings, Inc. Announces Year-End Results
Date:3/31/2009

PLANO, Texas, March 31 /PRNewswire-FirstCall/ -- LifeCare Holdings, Inc. (the "Company") today announced its operating results for the three months and year ended December 31, 2008.

Three Months Ended December 31, 2008

Net Revenues

Our net patient service revenue of $94.2 million for the three months ended December 31, 2008, increased by $14.5 million as compared to the same period in 2007 while patient days were unchanged. During the three months ended December 31, 2008, we recorded a $2.5 million favorable adjustment to net patient service revenues associated with changes in estimates on previously filed Medicare cost reports, as compared to a charge of $0.4 million in the 2007 period. Additionally, we recorded a $2.0 million favorable adjustment to net patient service revenue during the fourth quarter of 2008 related to revised estimates on certain patient accounts where amounts previously collected exceeded amounts originally recorded as revenue.

Excluding these adjustments, net patient service revenue, on a per patient day basis, was $1,561 for the 2008 period and $1,395 for the 2007 period. This 11.9% increase on a per patient day basis was primarily the result of marginal increases implemented in the annual regulatory updates by the Centers for Medicare and Medicaid Services ("CMS") during 2008, annual inflationary increases in our standard charge rates and certain of our contracts with commercial payors, the treatment of higher acuity patients during the 2008 period, and an increase in the percentage of our revenues generated from commercial payors.

Expenses

Total expenses decreased by $15.3 million to $102.1 million for the three months ended December 31, 2008 as compared to $117.4 million for the comparable period in 2007. Included in expenses for the 2008 and 2007 periods are impairment charges of $18
'/>"/>

SOURCE LifeCare Holdings, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Related medicine news :

1. LifeCare Hospitals Names New Vice President of Marketing
2. LifeCare Wins Breastfeeding-Friendly Business Award from Connecticut Breastfeeding Coalition
3. LifeCare Holdings, Inc. Announces First Quarter Results
4. LifeCare Holdings, Inc. Names McAlister Chairman and CEO
5. LifeCare Holdings, Inc. Announces Year-end Results
6. LifeCare Hospitals of Wisconsin Unveils Center for Advanced Wound Healing
7. LifeCare Holdings, Inc. Announces Third Quarter Results
8. XELR8 Holdings, Inc. Announces Fourth Quarter and 2008 Annual Financial Results
9. China Pharma Holdings, Inc. Reports Record 2008 Year End Financial Results and Corporate Updates
10. Innophos Holdings, Inc. Declares Quarterly Dividend
11. China Pharma Holdings, Inc. to Host Fourth Quarter 2008 Earnings Conference Call at 8:30 a.m. EDT Wednesday March 18, 2009
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... Juvent Sports ( http://www.juventsports.com ) and David ... Show to bestow a Juvent Sports Achievement award upon ... McKitrick. The award commemorated and congratulated McKitrick for her ... won her first amateur tournament in 1979 and most ...
(Date:1/22/2015)... 2015 Autocarinsurancebest.com has released a new blog ... auto insurance policy . , Auto insurance quotes help ... is no longer necessary to call an agent or visit ... online on a single website: http://autocarinsurancebest.com/ . , Every ...
(Date:1/22/2015)... Plainsboro, NJ (PRWEB) January 22, 2015 ... advocate and keynote speaker at the upcoming 32nd ... by ACCME-accredited Physicians’ Education Resource®, LLC (PER®) , ... breast would have gone undetected if she had not ...
(Date:1/22/2015)... (PRWEB) January 23, 2015 Recently, Weddingshe.com has ... catalog, and has announced its highest annual revenues in the ... on its popular glamorous wedding dresses. , According to the ... important wedding dress promotions for them in 2015. This point ...
(Date:1/22/2015)... WASHINGTON, DC (PRWEB) January 22, 2015 ... conditions in vulnerable communities and cause financial distress to ... report by analysts at Howard University’s Center on Race ... of dollars in economic activity, payday loans at the ...
Breaking Medicine News(10 mins):Health News:All-Time Leading Female Amateur Golfer Arlene McKitrick Receives Juvent Sports Achievement Award at 2015 PGA Show 2Health News:All-Time Leading Female Amateur Golfer Arlene McKitrick Receives Juvent Sports Achievement Award at 2015 PGA Show 3Health News:Commercial Auto Insurance Provides Several Important Features! 2Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 2Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 3Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 4Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 5Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 6Health News:Weddingshe Announces A Special Offer On Its Popular Glamorous Wedding Dresses 2Health News:Howard University Spotlights the Economic Impact of Payday Lending in Southern States 2
... Derek Kirchen, 67, who had suffered pneumonia eight times and ... their wits end, making sense of the symptoms and providing ... clues, doctors had cautioned Kirchen that the symptoms may be ... surgery, Dr Syed Tariq, a respiratory physician, stumbled upon a ...
... using dummy due to different developmental, hygienic or aesthetic reasons. ... dummies are bad for babies and parents should be in ... 20 studies conducted over the world since from past decade ... dummies are prone to reject or breastfeed for a shorter ...
... We might feel that we have forgotten certain things in ... that whatever we have forgotten does still stay in our ... and Roberto Cabeza of Duke University, conducted a study in ... we think it, does. According to the online edition of ...
... May that one adult and two children have been diagnosed with ... statement confirming that there have been three linked cases of E.coli ... these cases have a link with J&H Cairns, a butcher in ... no conclusive evidence yet that J&H Cairns is the source of ...
... UN sponsored conference on aviation flu has called ... facility involving all relevant institutions across the globe, ... bird watchers and wildlife conservation societies to check ... ,Scientists attending the conference convened by the UN ...
... led young people to name heroin as a loser ... which includes providing alternative narcotics and needle exchange programs, ... to consider the substance ‘loser drug,’ a Lancet study ... in Zurich said: The policy provides an alternative narcotics ...
Cached Medicine News:Health News:Diagnosis On a Fourth Patient Confirmed To Be E.Coli 2
(Date:1/23/2015)... TOWN, South Africa , Jan. 23, 2015   ... distributor of personal protective equipment for all forms of ... the flagship Leatt-Brace® neck brace, announced today that the ... racing federation, now requires all riders to wear a ...
(Date:1/23/2015)... Gem Pharmaceuticals announced today that the initial soft ... Company,s Phase 2 clinical trial.  This open-label study will ... GPX-150 (an investigational medication), in approximately 30 adults as ... Logo - http://photos.prnewswire.com/prnh/20150123/170966LOGO GPX-150 ...
(Date:1/22/2015)... , Jan. 22, 2015  ViewRay™, a privately held ... into an exclusive distributor agreement with ITOCHU Corporation (Tokyo ... therapy system for the treatment of cancer in ... system, is the world,s first and only MRI-guided radiation ...
Breaking Medicine Technology:Leatt Announces Neck Braces Now Required For Motocross/Minicross Racing In Italy 2Leatt Announces Neck Braces Now Required For Motocross/Minicross Racing In Italy 3Gem Pharmaceuticals Announces Enrollment of Initial Patients in its Phase 2 Clinical Trial to Assess the Efficacy and Safety of GPX-150 in Sarcoma Patients 2ITOCHU Named the Exclusive Distributor for ViewRay's MRI-Guided Radiation Therapy System in Japan 2
... March 29, 2011 Sigma-Aldrich Corporation (Nasdaq: SIAL ... new website, www.sigma-aldrich.com . The new site has been ... to help researchers more easily find the information, tools, products ... Company plans to continue to roll out innovative upgrades to ...
... A woman,s face tells her story but sometimes showing a ... and more, the quest continues for new ways to keep ... new Face Forward survey commissioned by Ulthera ® (the ... the FDA with a non-invasive lift indication), 83 percent of ...
Cached Medicine Technology:Sigma-Aldrich Unveils Dynamic New Web Presence 2Sigma-Aldrich Unveils Dynamic New Web Presence 3What Would Women Give Up for a More Youthful Face? 2What Would Women Give Up for a More Youthful Face? 3
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
Medicine Products: