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

d by Congressional action and a modest increase in the physician conversion factor was implemented for the first half of 2008. However, the mitigation of the prescribed reduction for 2008 was only extended through June 2008, and pending additional Congressional action, similar provider reductions are scheduled to take effect upon the expiration of the most recent extension. TeamHealth, along with other provider groups, will continue to work with Congressional representatives to seek a reversal of these prescribed reductions scheduled for the second half of 2008.

"In a time of systemic industry-wide challenges, we are grateful for the continuing commitment and support of our affiliated physicians and other healthcare providers, who continue to be focused on providing the highest levels of quality care to the patients they serve. We also appreciate the outstanding efforts of all our employees who operate with the highest level of integrity and in an innovative and highly efficient manner with our physicians and hospital customers. With such internal resources and long-term and high- quality hospital customer relationships, we believe TeamHealth, as a physician-led organization, is very well positioned to provide sound and workable solutions to both hospitals and healthcare providers as many of these healthcare challenges are addressed over the next several years."

About TeamHealth

Founded in 1979, TeamHealth is headquartered in Knoxville, Tennessee. TeamHealth is affiliated with over 6,100 healthcare professionals who provide emergency medicine, radiology, hospital medicine, urgent care and pediatric staffing and management services to over 550 civilian and military hospitals, surgical centers and clinics in 45 states. For more information about TeamHealth, visit http://www.teamhealth.com.

Conference Call

As previously announced, TeamHealth will hold an investor conference call at
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SOURCE Team Health Inc.
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