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Hill-Rom Reports Double Digit Earnings Per Share Growth for First Quarter
Date:2/3/2010

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  • International and Surgical.  International and Surgical revenues increased 8.6 percent, or $8.5 million, to $107.4 million.  On a constant currency basis, revenues were essentially flat.  As reported, capital sales and rental revenue grew 7.6 and 15.4 percent, respectively.

    • North America Post-Acute Care.  North America Post-Acute Care revenue grew 4.4 percent to $52.6 million.  Capital sales revenue increased 6.4 percent, while rental revenue grew 3.8 percent.  Growth in this segment was primarily driven by respiratory care products.

    Other First Quarter Financial and Operational Highlights

    • During the first quarter, Hill-Rom launched its Advanta™ 2 bed for use in medical-surgical areas of hospitals and alternate care facilities.  The new bed brings together ease of use with key safety features and the flexibility to use a variety of care surfaces as needed.  Commercial sales are expected to commence in the second quarter.

    • The company successfully launched the Hill-Rom® P400 Therapy Surface for extended care and home care customers in December.  This innovative product incorporates Self Adjusting Alternating Low Pressure (SAALP™) technology into a mattress replacement system to provide superior resident comfort and optimized continuous pressure ulcer therapy.  

    • In November, Hill-Rom announced a joint venture with Encompass Group LLC to provide hospitals with a broader range of replacement mattress systems for both Hill-Rom's and competitors' bed frames.  This joint venture will expand Hill-Rom's portfolio o
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    SOURCE Hill-Rom Holdings, Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

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