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Team Finance LLC Announces Second Quarter 2008 Results
Date:8/11/2008

th the Securities and Exchange Commission, including filings on Forms 10-Q and 10-K.

The Company disclaims any intent or obligation to update "forward looking statements" made in this communication to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

-- tables attached --

Team Finance LLC

Financial Highlights

Three Months Ended

June 30,

2008 2007

(Unaudited)

(In thousands)

Net revenue $579,005 $518,180

Provision for uncollectibles 243,519 215,373

Net revenue less provision for uncollectibles 335,486 302,807

Cost of services rendered

Professional service expenses 258,555 233,687

Professional liability costs 12,496 11,889

Gross profit 64,435 57,231

General and administrative expenses 30,831 26,997

Management fee and other expenses 899 885

Transaction costs 1,785 --

Depreciation and amortization 4,125 3,597

Interest expense, net 10,953 13,322

Earnings from continuing operations before

income taxes 15,842 12,430

Provision for income taxes 6,198 4,727
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SOURCE TeamHealth Inc.
Copyright©2008 PR Newswire.
All rights reserved

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