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

tements" made in this communication to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

Team Finance LLC

Financial Highlights

Year ended December 31,

2007 2006

(In thousands)

Net revenues $2,106,152 $1,829,053

Provision for uncollectibles 874,087 733,666

Net revenues less provision for

uncollectibles 1,232,065 1,095,387

Cost of services rendered

Professional service expenses 950,872 831,826

Professional liability costs 21,057 37,642

Gross profit 260,136 225,919

General and administrative expenses 114,476 103,744

Management fee and other expenses 4,054 3,748

Depreciation and amortization 14,823 23,308

Interest expense, net 55,234 57,813

Earnings from continuing operations

before income taxes 71,549 37,306

Provision for income taxes 27,703 13,792

Earnings from continuing operations 43,846 23,514

Loss from discontinued operations

less applicable benefit from income

taxes of $363 and $2,475, respectively (576) (7,049)

Net earnings $43,270 $16,465

Team Finance LLC

Financial Highlights


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SOURCE Team Health Inc.
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