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MedCath Corporation Reports Fourth Quarter Earnings
Date:11/11/2009

----------------------- ----------------------- 2009 2008 % Change 2009 2008 % Change ----------------------- ----------------------- Statement of Operations Data: Net revenue $147,966 $145,511 1.7% $602,042 $591,611 1.8% Adjusted EBITDA (1) $9,538 $11,530 (17.3)% $55,590 $74,810 (25.7)% (Loss) income from operations $(62,794) $4,362 N/M $(43,684) $38,673 N/M (Loss) income from continuing operations $(61,900) $155 N/M $(58,418) $12,373 N/M (Loss) earnings per share from continuing operations, basic $(3.14) $0.01 N/M $(2.96) $0.62 N/M (Loss) earnings per share from continuing operations, diluted $(3.14) $0.01 N/M $(2.96) $0.61 N/M (1) See Supplemental Financial Disclosure--Reconciliation of GAAP Financial Measures to Non-GAAP Financial Measures. N/M - Not meaningful Three Months Ended Twelve Months Ended September 30, September 30, ----------------------- ----------------------- % % 2009 2008 Change 2009 2008 Change ----------------------- ----------------------- Selected Operating Data (a): Number of hospitals 7 7 7 7 Licensed beds (c) 588 509 588 509 Staffed and available beds (d) 502 464 502 464 Admissions (e) 6,707 6,980 (3.9)% 26,856 29,360 (8.5)% Adjusted admissions (f) 10,262 9,976 2.9% 40,964
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