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Skilled Healthcare Announces Revised 2011 Guidance
Date:9/8/2011

lled nursing facilities in California to an unaffiliated third party operator. References made in this release to "Skilled Healthcare," "the Company," "we," "us" and "our" refer to Skilled Healthcare Group, Inc. and each of its wholly-owned companies. More information about Skilled Healthcare is available at www.skilledhealthcaregroup.com.Footnotes(1)

Adjusted earnings before depreciation, amortization and interest expense (net of interest income) and the provision for (benefit from) income taxes, or Adjusted EBITDA, reflects the non-GAAP adjustments to net income that are reflected in the reconciliation table of this press release.(2)

Adjusted EBITDAR is Adjusted EBITDA excluding facility rent expense as reflected in the reconciliation table of this press release.(3)

Adjusted net income per common share, or Adjusted EPS, reflects the non-GAAP adjustments to net income that are reflected in the reconciliation table of this press release.(4)

Skilled mix represents the number of Medicare and non-Medicaid managed care patient days at our skilled nursing facilities divided by the total number of patient days at our skilled nursing facilities for any given period.Forward-Looking StatementsCertain statements in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements in connection with or related to Skilled Healthcare's future operations or financial performance and any other statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, but are not limited to, statements regarding the Company's guidance regarding its expected or anticipated financial performance for its fiscal year 2011, and statements regarding mitigation efforts of the Company. These forward-looking statements are based on current expectations and projections about future ev
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SOURCE Skilled Healthcare Group, Inc.
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