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

for a period of months.  However, after reimbursement adjusts, earnings with respect to a generic drug are typically significantly lower than the earnings from a branded pharmaceutical.  Although use of generic drugs ultimately results in lower earnings, we support the conversion to generic products because of our dedication to cost-effective care.

Cancer Center Services

Cancer center services revenue increased by $5.9 million, or 6.4 percent, to $98.6 million in the fourth quarter of 2009 as compared to the same period in 2008.  Adjusted EBITDA increased by $2.2 million, or 6.9 percent, to $34.1 million in the fourth quarter of 2009 as compared to the same period in 2008.  These increases reflect a growing network of radiation oncologists and increased same market productivity which have resulted in higher radiation treatment and diagnostic scan volumes. In the fourth quarter of 2009, our network operated 127 linear accelerators, 39 PET systems and 67 CT systems, which represents an increase of 8 units, 2 units and 5 units, respectively, over the fourth quarter of 2008.  The revenue and Adjusted EBITDA increases also reflect a continued shift toward advanced targeted radiation therapies which are reimbursed at higher rates.  


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SOURCE US Oncology, Inc.
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