Navigation Links
Team Finance LLC Announces Fiscal 2007 Results
Date:2/11/2008

d managed care settlements between periods also had an unfavorable impact on same contract revenue growth in the period. During the fourth quarter of 2007, same contract provider and other direct costs, associated with market driven compensation trends, increased at rates similar to those realized during prior periods of 2007. This increase in compensation costs during the fourth quarter outpaced the reduced growth in net revenue during the period and unfavorably impacted operating margin. Also contributing to the earnings decline between periods were restructuring charges associated with the reorganization of certain corporate functions and lease termination costs that were realized in the quarter in the aggregate amount of $1.6 million. The Company's management team will continue to monitor the adequacy of contract margins and manage staffing levels and other costs in light of any perceived long term changes in volume or reimbursement trends.

As of December 31, 2007, the Company had cash and cash equivalents of approximately $30.3 million and a revolving credit facility borrowing availability of $125.0 million (without giving effect to $7.2 million of undrawn letters of credit). During the 2007 fiscal year, the Company made scheduled term debt payments of $4.3 million and reduced amounts outstanding under the revolving credit facility in the amount of $6.8 million. As a result of the $11.1 million reduction in outstanding indebtedness during fiscal year 2007, as of December 31, 2007, the Company's total outstanding debt was $631.5 million, excluding $125.0 million of availability under the revolving credit facility. Cash flow provided by operations (after interest, taxes and changes in working capital) for 2007 was $70.1 million compared to $49.6 million in 2006. The increase in operating cash flow between periods was primarily due to increased earnings, a reduced level of cash funding of accounts payable and other working capital payables and a decrease in
'/>"/>

SOURCE Team Health Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10

Related medicine news :

1. Bush Budget Represents Double Whammy Hit on U.S. Seniors Medicare-Financed Nursing Facility Care
2. Senate Finance Committee Recommends Ways That Medicare Can Enhance Current Physician Quality Reporting Initiative (PQRI)
3. Cardiva Medical, Inc. Appoints Two New Officers: Malcolm Farnsworth as Vice President of Finance and Chief Financial Officer and Tara Zerby as Vice President of Business Development and Marketing
4. OneMedPlace Emerging Healthcare Technologies Finance Forum Jan 7, 8th
5. Harmony Information Systems Raises $28 Million in Series B Financing from JMI Equity, Updata Partners, ORIX Venture Finance and Comerica Bank
6. Kerry, Snowe Push Finance Committee on Small Business Health Care
7. SEIU Applauds Bipartisan Leadership of Sen. Finance Committee in Push for Greater Oversight of Private Equity Takeovers of Nursing Homes
8. Meth Project Chairman Testifies Before U.S. Senate Finance Committee
9. VNUS Medical Technologies Announces Resignation of Chief Financial Officer and VP, Finance & Administration
10. Biotel Announces Strong Results for the Second Quarter Ended December 31, 2007
11. Lincare Holdings Inc. Announces Fourth Quarter and Year Ended 2007 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/2/2014)... (HealthDay News) -- Scientists have pinpointed a molecule that ... colds. The researchers say this finding could offer ... treat these attacks. Most asthma attacks (80 percent ... the airways, according to the British researchers. Most of ... the common cold. The researchers found that a ...
(Date:10/2/2014)... HealthDay Reporter WEDNESDAY, Oct. 1, 2014 (HealthDay ... reduced by breast-feeding. Nor will delaying the introduction of a ... help prevent celiac disease. Those are the conclusions ... New England Journal of Medicine . The new ... celiac disease if mothers breast-feed their babies and introduce gluten ...
(Date:10/2/2014)... discovery by scientists at The University of Nottingham could ... of painkiller. , A drug resulting from the research, ... would offer new hope to sufferers of chronic pain ... effective painkillers are currently available. , The work, led ... Life Sciences, in collaboration with David Bates, Professor of ...
(Date:10/1/2014)... Journal of the American Medical Association shows ... or severe chronic knee pain, acupuncture did not provide ... randomly assigned 282 patients (50 years or older) with ... pretend laser treatment. , Treatments were delivered for ... and sham (inactive) laser acupuncture. , Researcher Professor Kim ...
(Date:10/1/2014)... 1, 2014) Despite a policy focus on ... disabilities, this vulnerable population continues to have significant ... The Journal of the American Dental Association , ... Tufts University School of Dental Medicine report on ... at-home oral care provided by caregivers to adults ...
Breaking Medicine News(10 mins):Health News:New Clues to How Colds Can Spur Asthma Attacks 2Health News:Infant's Early Diet Doesn't Change Celiac Disease Risk, Study Finds 2Health News:Infant's Early Diet Doesn't Change Celiac Disease Risk, Study Finds 3Health News:Medical discovery first step on path to new painkillers 2Health News:Study finds acupuncture does not improve chronic knee pain 2Health News:To improve oral health of adults with developmental disabilities, support caregivers 2Health News:To improve oral health of adults with developmental disabilities, support caregivers 3
... ask their physician will you be delivering my baby" ... to determine whether obstetric outcomes differed between women whose ... attended by an on-call obstetrician who did not provide ... live single term births between 1991 and 2001 at ...
... Aug. 21 issue of the Journal of the American ... found that people with a larger waist-to-hip ratio may ... evaluates the association between different measures of obesity and ... people who develop fat around the middle have more ...
... Spirometry testing is a widely accepted and encouraged diagnostic ... research shows that it is not used nearly enough. ... the peer-reviewed journal of the American College of Chest ... with a COPD diagnosis ever received spirometry testing. ...
... to prevent cluster headaches can cause heart problems, according ... issue of Neurology, the medical journal of the American ... cluster headaches should be closely monitored with frequent electrocardiograms ... headache is a rare, severe form of headache that ...
... individually or in combination, do not appear to reduce ... at high risk for heart disease, according to a ... Internal Medicine, one of the JAMA/Archives journals. , Oxidative ... to the development of cardiovascular disease, according to background ...
... and may produce beneficial changes in the brains and ... an article posted online today that will appear in ... one of the JAMA/Archives journals. , In patients with ... sheaths that protect nerve cells in the brain and ...
Cached Medicine News:Health News:Waist-to-hip ratio may better predict cardiovascular risk than body mass index 2Health News:Study says COPD testing is not measuring up 2Health News:Drug for cluster headaches may cause heart problems 2Health News:Antioxidants show no clear benefit against cardiovascular events, death in high-risk women 2Health News:DNA vaccine against multiple sclerosis appears safe, potentially beneficial 2
(Date:10/2/2014)... Oct. 2, 2014  Perrigo Company plc (NYSE: ... laws of Ireland (the " Company ... (the "Exchange Offer") up to $500,000,000 of its new 1.30% ... $600,000,000 of its new 2.30% Senior Notes due 2018 (the ... Senior Notes due 2023 (the " 2023 Exchange Notes ") ...
(Date:10/2/2014)...   Softworld, Inc. announced today the launch of ... on the specific needs of pharmaceutical, biotech, and medical ... been highly successful in the clinical domain, the team ... the quality, regulatory, and validation space. ... the current Biometric team and the newly created Life ...
(Date:10/2/2014)... , Oct. 2, 2014  Isis Pharmaceuticals, ... following webcast:What: , Webcast and conference call to ... 2 clinical studies of ISIS-SMN Rx in ... which will be presented on the morning (CEST) ... World Muscle Society in Berlin, GermanyWhen:Friday, October 10 ...
Breaking Medicine Technology:Perrigo Company plc Announces Expiration Of Exchange Offer For Its 1.30% Senior Notes Due 2016, 2.30% Senior Notes Due 2018, 4.00% Senior Notes Due 2023, 5.30% Senior Notes Due 2043 2Perrigo Company plc Announces Expiration Of Exchange Offer For Its 1.30% Senior Notes Due 2016, 2.30% Senior Notes Due 2018, 4.00% Senior Notes Due 2023, 5.30% Senior Notes Due 2043 3Perrigo Company plc Announces Expiration Of Exchange Offer For Its 1.30% Senior Notes Due 2016, 2.30% Senior Notes Due 2018, 4.00% Senior Notes Due 2023, 5.30% Senior Notes Due 2043 4Softworld, Inc. Launches Strategic Division Dedicated to Life Sciences Consulting 2Isis Pharmaceuticals to Host Webcast to Discuss ISIS-SMN Rx Results Presented at the World Muscle Society Congress 2
... - Data From Phase 3 Study Presented at ... Wyeth,Pharmaceuticals, a division of Wyeth (NYSE: WYE ... clinical trial that show patients with relapsed,and/or refractory ... treated with the mTOR (mammalian target of rapamycin) ...
... Show 100-Fold More Radiation Delivered to Tumor as Compared ... to Other Organs-, -All Patients ... ... TUSTIN, Calif., May 31 Peregrine,Pharmaceuticals, Inc. (Nasdaq: PPHM ) today reported that ...
Cached Medicine Technology:New Data Show TORISEL Improves Progression-Free Survival for Patients With Relapsed/Refractory Mantle Cell Lymphoma 2New Data Show TORISEL Improves Progression-Free Survival for Patients With Relapsed/Refractory Mantle Cell Lymphoma 3New Data Show TORISEL Improves Progression-Free Survival for Patients With Relapsed/Refractory Mantle Cell Lymphoma 4New Data Show TORISEL Improves Progression-Free Survival for Patients With Relapsed/Refractory Mantle Cell Lymphoma 5New Data Show TORISEL Improves Progression-Free Survival for Patients With Relapsed/Refractory Mantle Cell Lymphoma 6Data To Be Presented at ASCO Supports Potential of Peregrine's Cotara(R) for the Treatment of Brain Cancer 2Data To Be Presented at ASCO Supports Potential of Peregrine's Cotara(R) for the Treatment of Brain Cancer 3Data To Be Presented at ASCO Supports Potential of Peregrine's Cotara(R) for the Treatment of Brain Cancer 4Data To Be Presented at ASCO Supports Potential of Peregrine's Cotara(R) for the Treatment of Brain Cancer 5
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
Medicine Products: