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

(unaudited)

For the three months ended

December 31,

2007 2006

(In thousands)

Net revenues $551,071 $482,428

Provision for uncollectibles 237,517 195,686

Net revenues less provision for

uncollectibles 313,554 286,742

Cost of services rendered

Professional service expenses 247,462 218,490

Professional liability costs 13,792 13,146

Gross profit 52,300 55,106

General and administrative expenses 31,165 28,758

Management fee and other expenses 1,021 1,058

Depreciation and amortization 3,868 3,428

Interest expense, net 13,804 14,697

Earnings from continuing operations

before income taxes 2,442 7,165

Provision for income taxes 1,148 2,163

Earnings from continuing operations 1,294 5,002

Loss from discontinued operations

less applicable benefit from income

taxes of $48 and $61, respectively (77) (172)

Net earnings $1,217 $4,830

Team Finance LLC

Financial Highlights

Under the indenture governing the senior subordinated notes, the Company's ability to engage in certain activities such as incurring certain additional indebtedness,
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SOURCE Team Health Inc.
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