Select Medical Holdings Corporation Announces Results for Third Quarter Ended Septembe...(2008 2009 Change ...),Health

Date:11/5/2009

2008 2009 Change ---- ---- ------ Specialty Hospitals (a) Number of hospitals - end of period 92 94 2.2% Net operating revenues (,000) $358,838 $376,859 5.0% Number of patient days 243,807 248,504 1.9% Number of admissions 9,977 10,466 4.9% Net revenue per patient day (b) $1,446 $1,489 3.0% Adjusted EBITDA (,000) $49,137 $64,381 31.0% Adjusted EBITDA margin - all hospitals 13.7% 17.1% 24.8% Adjusted EBITDA margin - same store hospitals (c) 16.0% 18.1% 13.1% Outpatient Rehabilitation Number of clinics - end of period 965 947 (1.9)% Net operating revenues (,000) $160,303 $168,751 5.3% Number of visits 1,106,529 1,126,096 1.8% Revenue per visit (d) $101 $101 0.0% Adjusted EBITDA (,000) $16,405 $20,898 27.4% Adjusted EBITDA margin 10.2% 12.4% 21.6% (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, outpat
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SOURCE Select Medical Holdings Corporation Copyright©2009 PR Newswire. All rights reserved

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