Number of clinics - end of period 544 999 83.6%
Net operating revenues (,000) $116,365 $165,057 41.8%
Number of visits 711,163 1,145,063 61.0%
Revenue per visit (d) $98 $101 3.1%
Adjusted EBITDA (,000) $15,903 $15,167 (4.6)%
Adjusted EBITDA margin 13.7% 9.2% (32.8)%
(a) Specialty hospitals consist of long-term acute care hospitals and
acute medical rehabilitation hospitals.
(b) Net revenue per patient day is calculated by dividing specialty
hospital patient service revenue by the total number of patient days.
(c) Adjusted EBITDA margin -- same store hospitals represents the Adjusted
EBITDA margin for those hospitals opened or acquired before January 1,
2006 and operated throughout both periods.
(d) Net revenue per visit is calculated by dividing outpatient
rehabilitation clinic revenue by the total number of visits. For
purposes of this computation, outpatient rehabilitation clinic revenue
does not include managed clinics or contract services revenue.
V. Key Statistics
(unaudited)
For the Year Ended December 31, 2006 and 2007
%
2006 2007 Change
Specialty Hospitals (a)
Number of hospitals - end of period 96 87 (9.4)%
Net operating revenues (,000) $1,378,543 $1,386,410 0.6%
Number of patient days 969,590 987,624 1.9%
Number of admissions 39,668 40,008 0.9%
Net revenue per patient day (b) $1,392 $1,378 (1.0)%
Adjusted EBITDA
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