Navigation Links
Select Medical Corporation Announces Results for First Quarter Ended March 31, 2008
Date:5/15/2008

MECHANICSBURG, Pa., May 15 /PRNewswire/ -- Select Medical Corporation ("Select") today announced results for its first quarter ended March 31, 2008.

For the first quarter ended March 31, 2008, net operating revenues increased 17.4% to $548.3 million compared to $466.8 million for the same quarter, prior year. Income from operations decreased 9.9% to $54.3 million compared to $60.3 million for the same quarter, prior year. Net income decreased 47.9% to $11.6 million compared to $22.2 million for the same quarter, prior year. Additionally, net income before interest, income taxes, depreciation and amortization, stock compensation expense, other expense and minority interest ("Adjusted EBITDA") for the first quarter decreased 0.6% to $72.5 million compared to $73.0 million for the same quarter, prior year. A reconciliation of net income to Adjusted EBITDA is attached to this release.

Specialty Hospitals

At March 31, 2008, Select operated 88 long-term acute care hospitals and four acute medical rehabilitation hospitals. This compares to 89 long-term acute care hospitals and three acute medical rehabilitation hospitals operated at March 31, 2007. For the first quarter of 2008, net operating revenues for all of Select's hospitals increased 6.9% to $378.6 million compared to $354.2 million for the same quarter, prior year. Total patient days for the first quarter of 2008 were 259,559, admissions were 10,736 and net revenue per patient day was $1,432. This compares to 252,476 days, 10,416 admissions and net revenue per patient day of $1,378 for the same quarter, prior year. For the hospitals opened or acquired as of January 1, 2007 and operated by Select throughout both periods, patient days in the first quarter of 2008 were 252,807 and admissions were 10,388, compared to 239,211 days and 9,892 admissions in the same quarter, prior year. Adjusted EBITDA for the segment decreased 4.2% to $63.2 million compared to $66.0 million for the same quarter
'/>"/>

SOURCE Select Medical Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. Brooke Franchise Corporation Announces Selected July Results
2. Novel 3-D cell culture model shows selective tumour uptake of nanoparticles
3. Corbett Selected to Host the Only Midwest Global Awards Judging Competition
4. Draxis Health selected by Johnson and Johnson Consumer Companies, Inc. for major contract manufacturing relationship
5. Crdentia Selected by High Rock Raceway to Provide Healthcare Staffing Services
6. Mindray Selects Actel Low-Power Flash FPGAs for Demanding Medical Equipment Applications
7. Purdue Pharma Selects Systech to Provide Sustainable Infrastructure for Serialization
8. Harvard Researchers Select S.C. BlueCross for National Honor
9. Loma Linda University Medical Center Selects Beryl to Manage Call Center Interactions for Womens Services Programs and Departments
10. Fry Construction Selected for High-Profile Medical Imaging Project
11. Meth Project Advertisements Selected for National Prevention Campaign
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/17/2014)... -- Expectant parents should leave prenatal picture-taking to medical ... Use of ultrasound imaging and heartbeat monitors to get ... agency warns. "Although there is a lack ... and heartbeat monitors, prudent use of these devices by ... FDA biomedical engineer, said in an agency news release. ...
(Date:12/17/2014)... HealthDay Reporter , TUESDAY, Dec. 16, ... America, and work commitment is a big reason why, new ... said Dr. Mathias Basner, an assistant professor of sleep and ... of Medicine. A time-use survey of nearly 125,000 Americans, ... main activity exchanged for sleep. Short sleepers -- those who ...
(Date:12/15/2014)... 15, 2014 South Florida’s leading urgent care ... can be a daze of hassle, hustle, and bustle that ... decking halls, to burns when making special meals and heartburn ... can happen at any time. To prevent this season of ... made a list of helpful and healthful holiday tips to ...
(Date:12/15/2014)... News) -- Expert pilots process visual information more efficiently ... better decisions during landings, a new study shows. ... pilots to master, and 36 percent of all airplane ... final approach and landing. Researchers monitored the brain ... pilots while they were at the controls of a ...
(Date:12/15/2014)... 15, 2014 At the leading, long-established ... AutismOne and Focus Autism will welcome ... research on the effects of toxins to children’s health, ... information. , Luminaries such as Dr. Lucija Tomljenovic ... with esteemed, credentialed colleagues of the United States to ...
Breaking Medicine News(10 mins):Health News:FDA Warns Against Fetal 'Keepsake' Videos 2Health News:Work Steals Valuable Sleep Time, Study Finds 2Health News:Work Steals Valuable Sleep Time, Study Finds 3Health News:MD Now Urgent Care Presents Healthy Holiday Tips 2Health News:MD Now Urgent Care Presents Healthy Holiday Tips 3Health News:Study Shows Why Expert Pilots Are Experts 2Health News:AutismOne and Focus Autism Collaborate on Scientific Conference; International Group of Researchers to Present in Chicago, May 2015 2Health News:AutismOne and Focus Autism Collaborate on Scientific Conference; International Group of Researchers to Present in Chicago, May 2015 3
... , , , SEATTLE, Sept. ... actuarial firms, announced today that it has opened a new office ... Milliman offices, will continue to serve existing clients while expanding the ... "Milliman,s wide range of talents and sixty-plus years of ...
... , , RADNOR, ... will be the guest speaker at Feeling Blue Suicide Prevention Council,s ... Eric Hipple is a former National Football League (NFL) ... Hipple,s accomplishments include two playoff bids, a divisional championship, and the ...
... , SAN DIEGO, Sept. 22 ... that it has initiated a relationship with Kentucky Bioprocessing ... the active affinity agents immobilized within the Aethlon Hemopurifier(R). ... capture a broad-spectrum of viruses from blood and other ...
... , , , ... that it has received certification to the ISO 13485:2003 ... Surgical Adhesives. Receipt of the certification allows Cohera ... approval process for TissuGlu(R), the company,s novel internal surgical ...
... PITTSBURGH, Sept. 22 Precision Therapeutics today announced ... the Smart Business Magazine 2009 Pacesetters Award. This award ... who are setting the pace for the region. The ... their influence in the community-at-large as well as within their ...
... , , , ... FIRST(R) - BXN Mouthwash. It is the second in the FIRST(R) ... BLM. The active ingredients in FIRST(R) - BXN Mouthwash are ... Magic Mouthwash containing Benadryl(R), Xylocaine 2% viscous(R), and nystatin. The kits ...
Cached Medicine News:Health News:Milliman Announces the Opening of a New Office in San Juan, Puerto Rico 2Health News:Former NFL Quarterback to Speak at Local Nonprofit Fundraising Event 2Health News:Aethlon Medical Initiates Relationship to Establish Large Scale Production of Hemopurifier(R) Affinity Agents 2Health News:Aethlon Medical Initiates Relationship to Establish Large Scale Production of Hemopurifier(R) Affinity Agents 3Health News:Cohera Medical Receives ISO 13485 Certification: Company Meets International Standards for Design, Development and Manufacturing of Medical Devices 2Health News:Precision Therapeutics President and CEO Sean McDonald Recipient of 2009 Pacesetters Award 2Health News:CutisPharma Launches New Prescription Mouthwash Kit Adding to Product Line 2
(Date:12/13/2014)... , Dec. 11, 2014 Research and Markets ... addition of the "Drug Injection Devices to ... http://photos.prnewswire.com/prnh/20130307/600769 As ... an expanding list of health conditions, drug developers ... simplify the administration process and increase the efficiency ...
(Date:12/13/2014)... Dec. 12, 2014 HudsonAlpha Institute for ... X Ten sequencing system manufactured by Illumina, Inc. ... produce and analyze genomic data faster and at ... Institute,s commitment to research programs for genomics excellence ... Ten provides unprecedented capacity, speed and accuracy for ...
(Date:12/13/2014)... , Dec. 12, 2014  Novo Nordisk, a world leader ... announced a multi-year extension of their partnership, that will renew ... Novo Nordisk Chip Ganassi Racing entry, driven by Charlie ... Kimball, 29, from Camarillo, California , is ... history of INDYCAR to win a race at the most ...
Breaking Medicine Technology:Drug Injection Devices to 2020 2Drug Injection Devices to 2020 3Drug Injection Devices to 2020 4HudsonAlpha announces purchase of Illumina HiSeq X Ten sequencing system 2HudsonAlpha announces purchase of Illumina HiSeq X Ten sequencing system 3Novo Nordisk and Chip Ganassi Racing Teams Announce Multi-Year Sponsorship Agreement for Verizon IndyCar Series 2Novo Nordisk and Chip Ganassi Racing Teams Announce Multi-Year Sponsorship Agreement for Verizon IndyCar Series 3Novo Nordisk and Chip Ganassi Racing Teams Announce Multi-Year Sponsorship Agreement for Verizon IndyCar Series 4Novo Nordisk and Chip Ganassi Racing Teams Announce Multi-Year Sponsorship Agreement for Verizon IndyCar Series 5Novo Nordisk and Chip Ganassi Racing Teams Announce Multi-Year Sponsorship Agreement for Verizon IndyCar Series 6Novo Nordisk and Chip Ganassi Racing Teams Announce Multi-Year Sponsorship Agreement for Verizon IndyCar Series 7
... Interventional Radiology Treatment Relieves Pain From Herniated Disks; ... but With Fewer Complications, Shorter Recovery TimeSAN DIEGO, ... treatment--that safely and effectively uses oxygen/ozone to relieve ... the United States in the next few years, ...
... Minimally Invasive "Lumpectomy" -- as Effective as Surgery -- ... Mapping Biopsy Changed Patients, Management 70 Percent of the ... -- a minimally invasive interventional radiology treatment for prostate ... diseased tumors and can be considered a first-line treatment ...
Cached Medicine Technology:Oh, My Aching Back: Give Me a Shot of Ozone 2Oh, My Aching Back: Give Me a Shot of Ozone 3Oh, My Aching Back: Give Me a Shot of Ozone 4Oh, My Aching Back: Give Me a Shot of Ozone 5Freezing Prostate Cancer Does a Man's Body Good 2Freezing Prostate Cancer Does a Man's Body Good 3Freezing Prostate Cancer Does a Man's Body Good 4Freezing Prostate Cancer Does a Man's Body Good 5Freezing Prostate Cancer Does a Man's Body Good 6Freezing Prostate Cancer Does a Man's Body Good 7
This probe coagulates bleeders while suction channel with trumpet valve simultaneously evacuates smoke....
Inditherm's patient warming systems are being routinely used in clinical practice for the full range of surgical procedures and specialties. They use the very latest technology to give best available...
The Cocoon Convective Warming Machine is lightweight, compact and easy to use....
The product, which is comprised of a non-intrusive panty-liner, offers a simple to use classification tool that uses color identification for interpretation of the results....
Medicine Products: