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:1/22/2015)... Houston, TX (PRWEB) January 22, 2015 The ... Pro Bodybuilder Ben Pakulski to increase lean muscle by up ... This has caught the attention of HealthyandFitZone.com’s Stan Stevenson, prompting ... shows that it is a step-by-step, scientific diet formula that ...
(Date:1/22/2015)... 2015 Juvent Sports ( http://www.juventsports.com ) ... PGA Merchandise Show to bestow a Juvent Sports Achievement ... golfer, Arlene McKitrick. The award commemorated and congratulated McKitrick ... win. She won her first amateur tournament in 1979 ...
(Date:1/22/2015)... released a new blog post presenting the basic features of ... an accidental death and dismemberment rider for a car insurance ... benefits if the insured dies in an accident. Accidental death ... insurance. , AD&D is not expensive and can be ...
(Date:1/22/2015)... 22, 2015 IsoComforter, Inc. has introduced the ... patented IsoTube design to treat specific body parts and muscle ... progressive and easy to use patented cold therapy machine with ... related orthopedic and muscle injuries. IsoComforter has become the ...
(Date:1/22/2015)... JJsHouse.com is a famous dress online store for wedding ... its latest collection of wedding dresses , and launches a ... the wedding dress on your big day; the wedding gown ... bride wants to find the most suitable wedding dress. Now, ...
Breaking Medicine News(10 mins):Health News:The Incredible Bulk: Review Examining Ben Pakulski’s Brand New Bulking Muscle Building Diet Program Released 2Health News:All-Time Leading Female Amateur Golfer Arlene McKitrick Receives Juvent Sports Achievement Award at 2015 PGA Show 2Health News:All-Time Leading Female Amateur Golfer Arlene McKitrick Receives Juvent Sports Achievement Award at 2015 PGA Show 3Health News:Accidental Death and Dismemberment Insurance Can Be Purchased at Low Prices Online 2Health News:IsoComforter Introduces Best of Class Cold Therapy Product to the Worldwide Market 2Health News:Find The Most Suitable Wedding Dress At JJsHouse.com 2
... , , - Praise ... document he says "pushes pulling the plug." , , ... the national non-profit organization Aging with Dignity, today called on the ... Life, Your Choices" advance care planning guide dubbed "The Death Book ...
... , NASHVILLE, Tenn., Aug. 24 ... its project to build a state-of-the-art, 500-bed replacement hospital in Cixi, ... in April 2008 by Dr. Thomas F. Frist, Jr., Charles A. ... final government approval for its first hospital, a full-service, acute care ...
... down the disease, study says , MONDAY, Aug. 24 ... very early stages of Alzheimer,s disease might become hyperactive ... , Researchers from the Cleveland Clinic tested 69 mentally ... Alzheimer,s disease because of family history or genetic markers. ...
... in cognition, study shows , MONDAY, Aug. 24 (HealthDay News) ... function in people over 45, a new study finds. , ... between blood pressure and cognitive function," said George Howard, chairman ... at Birmingham School of Public Health, and a member of ...
... Current clinical evidence for using cranberry juice to combat ... Raul Raz. "An apple a day..." Not all ... be nice to think that products from the corner ... juice and related products have been touted as a ...
... 24 Nick Jonas today made a passionate plea to an ... raise more awareness about type 1 diabetes to motivate young people ... Nick, 16, is one of the youngest guests ever invited to ... with diabetes, the charitable efforts of the Jonas Brothers, Change for ...
Cached Medicine News:Health News:Veterans Administration Must Suspend Use of So-Called 'Death Book' on Veterans, Malley Says 2Health News:MRI Might Find Early Alzheimer's 2Health News:Hypertension Linked to Thinking Problems in Middle Age 2Health News:Hypertension Linked to Thinking Problems in Middle Age 3Health News:Nick Jonas Speaks at National Press Club in Effort to Educate, Support, and Inspire Kids With Diabetes 2Health News:Nick Jonas Speaks at National Press Club in Effort to Educate, Support, and Inspire Kids With Diabetes 3Health News:Nick Jonas Speaks at National Press Club in Effort to Educate, Support, and Inspire Kids With Diabetes 4
(Date:1/23/2015)... , Jan. 23, 2015  Lixte Biotechnology Holdings, Inc. (OTCQB: ... Phase I trial of Lixte,s lead compound, LB‑100, is being ... John S. Kovach , M.D., the founder and ... to be completed at a single site. Accrual of patients, ...
(Date:1/23/2015)... , Jan. 23, 2015  Mallinckrodt plc (NYSE: ... Directors has approved a share repurchase program. The open-ended ... million of Mallinckrodt plc ordinary shares. ... remain top priorities as we continue to pursue a ...
(Date:1/22/2015)... 2015  ViewRay™, a privately held medical device company, announced ... agreement with ITOCHU Corporation (Tokyo Stock Exchange TYO: 8001) ... treatment of cancer in Japan . ... first and only MRI-guided radiation therapy system that images ...
Breaking Medicine Technology:Lixte Biotechnology Holdings Announces Expansion Of Clinical Sites For Its Phase I Trial Of Its Lead Anti-Cancer Compound, LB-100 2Lixte Biotechnology Holdings Announces Expansion Of Clinical Sites For Its Phase I Trial Of Its Lead Anti-Cancer Compound, LB-100 3Mallinckrodt plc Announces Share Repurchase Program 2Mallinckrodt plc Announces Share Repurchase Program 3Mallinckrodt plc Announces Share Repurchase Program 4ITOCHU Named the Exclusive Distributor for ViewRay's MRI-Guided Radiation Therapy System in Japan 2
... been selling replacement bulbs on ... we are extremely proud of ... out our catalog of replacement ... light bulbs specials. ,Check ...
... Direct has been selling replacement ... 1996, and we are extremely ... guarantee. Check out our catalog ... our discount light bulbs specials. ...
... has been selling replacement bulbs ... and we are extremely proud ... Check out our catalog of ... discount light bulbs specials. ...
... Bulb Direct has been selling ... since 1996, and we are ... satisfaction guarantee. Check out our ... see our discount light bulbs ...
Medicine Products: