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

statements.

Fourth Quarter Operating Statistics, Cash Flow and Capital Expenditures

Same facility hospital admissions in the fourth quarter of fiscal 2009 were 6,707, down 3.7% compared with the fourth quarter of fiscal 2008. Adjusted admissions totaled 10,262, up 3.0% compared with the fourth quarter of fiscal 2008. Same facility hospital outpatient cases totaled 16,136 in the fourth quarter of fiscal 2009, up 11.6% in comparison with the fourth quarter of fiscal 2008.

Total uncompensated care, which includes charity care plus bad debt expense, equaled 12.1% of hospital division net patient revenue before the deduction for charity care in the fourth quarter of fiscal 2009 versus 10.5% for the fourth quarter of fiscal 2008. The increase in uncompensated care expense is primarily related to:

  1. An 8.3% increase in self-pay revenue in the quarter, and
  2. Additional reserves of approximately $2.0 million to reflect a reduction in the collection rate and aging of self-pay and the self-pay balance after insurance receivables.

Net cash provided by operating activities of continuing operations for the fourth quarter of fiscal 2009 increased 8.1% to $10.7 million from $9.9 million in the fourth quarter of fiscal 2008. Cash paid for capital expenditures during the fourth quarter of fiscal 2009 totaled $21.7 million, which included $7.0 million related to maintenance expenditures and $14.7 million related to MedCath's construction projects. MedCath's Free Cash Flows totaled $3.7 million for the fourth quarter of fiscal 2009. As of September 30, 2009, MedCath's balance sheet included cash and cash equivalents of $32.0 million, total debt and capitalized leases of $127.8 million and total assets of $590.4 million.

Fiscal 2009 Results

For the fiscal year ended September 30, 2009, MedCath's net revenue was $602.0 million, an increase of 1.8% when compared to the
'/>"/>

SOURCE MedCath Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

Related medicine technology :

1. MedCath Corporation to Hold Conference Call on Fourth Quarter Results
2. Webcast Alert: Isis Pharmaceuticals and Genzyme Corporation to Present Mipomersen Phase 3 Data in HoFH During AHA
3. Dr. John Mills and Joseph Gentile Join Board of Directors of ChanTest Corporation
4. Volcano Corporation Presentation at Canaccord Adams Conference to Be Webcast
5. Raptor Pharmaceutical Corporation Announces Presentation of Data for NGX426, a Novel, Non-Opioid Oral Analgesic, at Neuropathic Pain Conference
6. China National Medicines Corporation Issues Milestone Purchase Order for 12,000 STA Systems
7. China Medicine Corporation to Acquire Pharmaceutical Manufacturer in Guangzhou
8. DURECT Corporation Invites You to Join its Third Quarter 2009 Earnings Conference Call
9. Volcano Corporation Schedules Third Quarter Conference Call, Webcast
10. Cephalon Signs Option Agreement to Acquire BioAssets Development Corporation
11. Select Medical Holdings Corporation Announces Exercise of Underwriters Option to Purchase Additional Shares
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/24/2015)... 2015  IGI Laboratories, Inc. (NYSE MKT: IG), a ... pharmaceutical company, announced the Company will hold a conference ... 2015 to discuss the 1st quarter 2015 results. ... call by dialing 1-888-346-3479. International participants should call 1-412-902-4260. ... be joined into the IGI Laboratories, Inc. call. ...
(Date:4/24/2015)... 24, 2015  Span-America Medical Systems, Inc. (NASDAQ: ... fiscal 2015 second quarter results on Thursday, April 30, ... The company will conduct a conference call at ... the company,s financial and operating results for the ... of the conference call will be available online ...
(Date:4/24/2015)... , April 24, 2015 ... of automated, indication-specific planning tools for radiosurgery/SBRT   ... software applications aimed at enhancing the workflow for ... spine introduced in 2013 - comes full circle ... planning tools. These new Elements enable on-the-fly generation ...
Breaking Medicine Technology:Brainlab Introduces New Generation of VMAT* for Brain and Spine at 3rd ESTRO in Barcelona 2
(Date:4/24/2015)... NY (PRWEB) April 24, 2015 Constellations ... living residence in Westchester County. Just 35 miles from ... transition individuals back into everyday life while recovering from ... May 7, 2015, will allow therapists, doctors and treatment ... and learn more about the opportunities offered by Constellations ...
(Date:4/24/2015)... 2015 As the nation recognizes the ... sacrifices of these young men and women, the “Alaska ... and their Families” presents a special training session on ... gain a better understanding of the effect of childhood ... those – civilian and military – who provide services ...
(Date:4/24/2015)... April 24, 2015 Carvers' goal ... have a successful biking day in Breck. , ... five minutes walking distance from Breckenridge, this family-owned ... in both Breckenridge bike rentals ( http://www.breckenridgeskishop.com/en/rent-equipment ) ... offer extensive bike rentals in May 2015. With ...
(Date:4/24/2015)... New York, New York (PRWEB) April 24, 2015 ... continue to move forward in the federal ... of South Carolina. According to court documents, the ... Status Report on April 16th detailing, among other ... The report notes that counsel for both plaintiffs ...
(Date:4/24/2015)... On February 21st, 2015, Per Wickstrom had the ... contributor Karen Salkin at Durkin Entertainment’s EcoLuxe Lounge, sponsored ... of which Wickstrom is the founder. Making appearances at ... EcoLuxe Lounge is a gathering of some of the ... and services. Among the many roles that she has ...
Breaking Medicine News(10 mins):Health News:Constellations Recovery Opens The First Luxury Sober Living Residence in Westchester New York 2Health News:Constellations Recovery Opens The First Luxury Sober Living Residence in Westchester New York 3Health News:Coalition Presents Resiliency Training to Raise Awareness during Month of the Military Child (#MOTMC2015) 2Health News:Carvers Breckenridge Bike Rentals Offers Demo Mountain, Tandem, Bike Path Cruiser & JR. Bikes in May 2015 2Health News:Federal Lipitor Lawsuits Progress, as New Status Report Details Preparation for Upcoming Bellwether Trials 2Health News:Federal Lipitor Lawsuits Progress, as New Status Report Details Preparation for Upcoming Bellwether Trials 3Health News:Karen Salkin Talks with Per Wickstrom at the 2015 EcoLuxe Lounge and the "Salute to the Oscars" Celebration 2
... proof that simple exposure to cold weather is the leading ... always warned you to wrap up warm to avoid catching ... , ,Scientists say they have the first proof that ... one. , ,Their study findings will appear in this ...
... to tackle the issue of vaccination against Japanese Encephalitis ... country where the vaccine is available in a sizeable ... in Uttar Pradesh and Bihar has prompted the initiative ... also planned for detailed discussions with the Chinese minister ...
... say they want to investigate the case of a British ... reports BBC. // ,Two Sunday newspapers report Scotsman Andrew ... 2002, but found to be clear in October 2003. , ... the tests, have asked him to undergo more tests. Stimpson ...
... Study results showed that people who lived longer had a ... research study was carried out by Dr Laurie Martin and ... finding in the American Journal of Epidemiology. // ... and is considered as very intelligent and the children’s with ...
... Cacioppo and researchers have found that the habit of being ... making it a genetic character. Researchers also have found that ... character people in it.// ,Researchers conducted survey in ... similar characteristics of loneliness and they found that loneliness is ...
... new study appearing in the November 1, 2005 issue ... a new gene profile may help in predicting how ... chemotherapy. // ,In many patients with ovarian cancer, ... effect in combating the cancer. But, "due to the ...
Cached Medicine News:Health News:Scientist affirm mother’s advice 2Health News:Indian Government Keen On JE Vaccine Supply And Patenting Of Indian Medicine Formulations 2Health News:British man 'Recovered from HIV' 2Health News:Genetic Profile To Predict Ovarian Cancer Prognosis 2
... a Petri dish in 3 seconds. The ... of the colonies as compared to those ... with three types of lighting: lower lighting ... than the agar and upper lighting for ...
... CEQ 8000 is a fully automated genetic ... capillary array with a patented linear polyacrylamide ... applies the voltage program, and analyzes the ... data quality and even customize automated data ...
... Blood Gas Monitoring System provides ... in-vivo measurements of pH, pCO2, ... peripheral artery (e.g. radial, femoral ... values of O2 saturation; base-excess ...
Inquire...
Medicine Products: