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

14,607

Other assets 68,412 54,895

Total Assets $2,177,642 $2,490,777

Liabilities and Stockholder's Equity

Payables and accruals $266,134 $338,674

Income taxes payable 1,937 -

Current portion of long term debt 6,209 7,749

Total Current Liabilities 274,280 346,423

Long term debt, net of current portion 1,224,509 1,438,776

Non-current deferred tax liability 30,721 23,380

Other non-current liabilities 31,564 52,266

Minority interests 2,566 5,761

Stockholder's equity 614,002 624,171

Total Liabilities and Stockholder's Equity $2,177,642 $2,490,777

IV. Key Statistics

(unaudited)

For the Three Months 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) $328,775 $352,877 7.3%

Number of patient days 235,520 245,665 4.3%

Number of admissions 9,546 9,913 3.8%

Net revenue per patient day (b) $1,366 $1,410 3.2%

Adjusted EBITDA (,000) $65,067 $48,808 (25.0)%

Adjusted EBITDA margin - all hospitals 19.8% 13.8% (30.3)%

Adjusted EBITDA margin - same store

hospitals (c) 21.4% 16.1% (24.8)%

Outpatient
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SOURCE Select Medical Corporation
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