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Select Medical Corporation Announces Results for Second Quarter Ended June 30, 2009
Date:8/13/2009

22.7% Adjusted EBITDA margin - same store hospitals (c) 16.9% 20.1% 18.9% Outpatient Rehabilitation Number of clinics - end of period 970 948 (2.3)% Net operating revenues (,000) $171,495 $173,190 1.0% Number of visits 1,167,702 1,163,341 (0.4)% Revenue per visit (d) $102 $101 (1.0)% Adjusted EBITDA (,000) $23,746 $25,294 6.5% Adjusted EBITDA margin 13.8% 14.6% 5.8% (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, 2008 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 Six Months Ended June 30, 2008 and 2009 % 2008 2009 Change --------- --------- ------ Specialty Hospitals (a) Number of hospitals - end of period 92 92 0.0% Net operating revenues (,000) $745,893
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SOURCE Select Medical Corporation
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