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Select Medical Corporation Announces Results for Fourth Quarter and Year Ended December 31, 2007
Date:3/24/2008

21.4% 16.1%

Year Ended

December 31, 2006 December 31, 2007

Specialty hospitals net operating

revenue $1,378,543 $1,386,410

Less: Specialty hospitals in

development, opened or closed after

1/1/06 106,940 81,514

Specialty hospitals same store net

operating revenue $1,271,603 $1,304,896

Specialty hospitals Adjusted EBITDA $283,270 $217,175

Less: Specialty hospitals in

development, opened or closed after

1/1/06 5,867 (13,524)

Specialty hospitals same store

Adjusted EBITDA $277,403 $230,699

All specialty hospitals Adjusted

EBITDA margin 20.5% 15.7%

Specialty hospitals same store

Adjusted EBITDA margin 21.8% 17.7%


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SOURCE Select Medical Corporation
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