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US Oncology Reports 2009 Fourth Quarter and Year End Operating Results
Date:2/25/2010

cals recently converted to generic status.  Additionally, the performance of our Healthcare Informatics business, a key strategic offering to pharmaceutical manufacturers, contributed $1.3 million to the earnings growth over the fourth quarter of 2009.

During 2009, pharmaceutical services revenue remained consistent at $2.5 billion as the revenue associated with the growth in the affiliated physician network and same market patient visits was offset by reduced ESA utilization, slightly lower distribution center volumes as we reduced inventory levels at affiliated practice sites and the transition of certain branded pharmaceuticals to generic availability at a lower price.  Adjusted EBITDA increased $1.1 million, or 1.1 percent, over the prior year.  The growth is primarily due to increased same market patient visits, and higher earnings from our Healthcare Informatics and patient assistance services programs.  These increases were partially offset by the impact of lower ESA utilization and start up costs related to investments in our physician and patient web portals.

Research and Other Services

Research and other services revenue in the fourth quarter of 2009 was $15.1 million, a decrease of '/>"/>

SOURCE US Oncology, Inc.
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