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LifeCare Holdings, Inc. Announces Third Quarter Results
Date:11/13/2009

2009 (In thousands) (Unaudited) % 2008 2009 Change ---- ---- ------ Net patient service revenue $257,786 $270,930 5.1% -------- -------- --- Expenses: Salaries, wages and benefits 123,411 125,573 1.8% Supplies 26,209 25,731 -1.8% Rent 19,060 18,902 -0.8% Other operating expense 61,475 65,835 7.1% Provision for doubtful accounts 2,600 4,210 61.9% Gain on early extinguishment of debt - (642) NM Depreciation and amortization 8,605 8,104 -5.8% Interest expense, net 28,135 23,964 -14.8% ------ ------ ----- 269,495 271,677 0.8% ------- ------- --- Operating loss (11,709) (747) -93.6% Equity in loss of joint venture - (512) NM --- ---- --- Loss before income taxes (11,709) (1,259) -89.2% Provision for income taxes 1,259 592 -53.0% ----- --- ----- Net loss $(12,968) $(1,851) -85.7% ======== ======= ===== Reconciliation to Credit Agreement EBITDA: O
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