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Select Medical Holdings Corporation Announces Results for Fourth Quarter and Year Ended December 31, 2009
Date:2/18/2010

956 961 0.5% Net operating revenues (,000) $163,385 $172,132 5.4% Number of visits 1,103,589 1,116,316 1.2% Revenue per visit (d) $101 $102 1.0% Adjusted EBITDA (,000) $17,031 $21,596 26.8% Adjusted EBITDA margin 10.4% 12.5% 20.2% (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.
    
    
    
    VI. Key Statistics
    (unaudited)
    For the Year Ended December 31, 2008 and 2009
                                                                         %
                                                 2008        2009     Change
                                                 ----        ----     ------
    
    Specialty Hospitals (a)
    
    Number of hospitals - end of period            93          95      2.2%
    
    Net operating revenues (,000)          $1,488,412  $1,557,821      4.7%
    
    Number of patient days                  1,005,719   1,015,500      1.0%
    
    Number of admissions                       41,177      42,674      3.6%
    
    Net revenue per patient day (b)            $1,453      $1,507      3.7%
    

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SOURCE Select Medical Holdings Corporation
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