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Emdeon Reports Third Quarter 2011 Results

Operating income



89,386Interest income



(12)Interest expense






(4,140)Income before income tax provision



45,791Income tax provision



27,650Net income



18,141Net income attributable to noncontrolling interest



8,289Net income attributable to Emdeon Inc.



9,852Net income per share Class A common stock:Basic






.11Weighted average common shares outstanding:Basic






90,740,909Emdeon Inc.Condensed Consolidated Balance Sheets(unaudited and amounts in thousands, except share and per share amounts)September 30,December 31,20112010AssetsCurrent assets:Cash and cash equivalents

99,188Accounts receivable, net of allowance for doubtful accounts of $5,852 and $5,394

at September 30, 2011 and December 31, 2010, respectively

183,214174,191Deferred income tax assets

9,0127,913Prepaid expenses and other current assets

17,28825,020Total current assets

394,582306,312Property and equipment, net


925,564908,310Intangible assets, net

983,5651,035,886Other assets, net

8,3689,750Total assets

2,491,565Liabilities and equityCurrent liabilities:Accounts payable

4,732Accrued expenses

116,881112,245Deferred revenues

12,71012,130Current portion of long-term debt

12,49112,494Total cur

SOURCE Emdeon Inc.
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