Navigation Links
HealthSouth Reports Results for Fourth Quarter Ended December 31, 2007
Date:2/25/2008

ase in our Medicare reimbursement that was effective October 1, 2007 and a 0.9% increase in discharges quarter over quarter.

During the fourth quarter of 2007, nine of our hospitals operated under the 65% compliance threshold of the 75% Rule. Also during the fourth quarter of 2007, the majority of our hospitals began restricting admissions as they prepared to move to the 65% compliance threshold on January 1, 2008. Despite this challenging environment for these hospitals, total discharges increased by 0.9% compared to the fourth quarter of 2006 and showed a 1.9% sequential improvement from the third quarter of 2007.

Outpatient visits to our outpatient satellites of our inpatient rehabilitation hospitals declined 8.5% in the fourth quarter of 2007 compared to the fourth quarter of 2006 due primarily to the closing of 21 underperforming satellites throughout 2007. During the same quarterly periods, outpatient net operating revenues were down only 1.6% due to strong unit pricing.

Total Operating Expenses

Total operating expenses decreased by 1.5% in the fourth quarter of 2007 compared to the fourth quarter of 2006. Our goal was to manage our overall cost structure in a strategic manner, allowing us to invest in our most valuable resource - our employees.
-- The combined categories of supplies, occupancy costs, and other

operating expenses decreased from 21.3% of net operating revenues in

the fourth quarter of 2006 to 19.9% of net operating revenues in the

fourth quarter of 2007.

-- Professional fees were down significantly as we concluded the vast

majority of our various restructuring efforts.

-- The provision for doubtful accounts improved to 1.8% of net operating

revenues for the quarter, compared to 4.7% for the same period last

year. These improvements are reflective of the benefits we have seen

with the new billing and collections software we installed
'/>"/>

SOURCE HealthSouth Corporation
Copyright©2008 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 20 21 22

Related medicine news :

1. HealthSouth Declares Dividend on 6.5% Series A Convertible Perpetual Preferred Stock
2. HealthSouth Issues Statement on Medicare Bill and 75% Rule
3. HealthSouth Announces Final Agreement on Previously Disclosed Settlement with Federal Government
4. HealthSouth and Physicians Pay $14.9 Million to Settle Health Care Fraud Claims
5. HealthSouth Announces Date of Third Quarter Earnings Conference Call
6. HealthSouth Corporation Appoints New Member to Board of Directors
7. HealthSouth Declares Dividend on 6.5% Series A Convertible Perpetual Preferred Stock
8. NHP Reports Fourth Quarter and Full Year 2007 Earnings
9. High Calcium Intake May Not Help Prevent Fractures, Reports The Harvard Health Letter
10. Clarity for Consumers on Botox Complication and Death Reports
11. Neurochem reports results for fourth quarter and fiscal year 2007 and important advances on corporate objectives
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/30/2015)... March 31, 2015 NAPW ... Professional Woman of the Year. Ms. Irey is recognized ... the largest, most-recognized networking organization of professional women in ... National Association of Professional Women is a powerfully vibrant ... Local Chapters. , “I take care of four offices, ...
(Date:3/30/2015)... March 31, 2015 The AAAHC, ... advocate for the provision of high-quality health care ... its survey and accreditation programs for 35 years. ... AAAHC aims to promote excellence in patient safety ... rigorous self-assessments and on-site evaluations by AAAHC expert ...
(Date:3/30/2015)... Healthpointe is proud to provide urine ... companies throughout Southern California. The drug screen determines ... It can identify evidence of recent use of alcohol, ... applicants, and students regularly choose Healthpointe as their drug ... drug screen program at Healthpointe include:, , ...
(Date:3/30/2015)... San Diego, CA (PRWEB) March 30, 2015 ... provider, is proud to announce the start of its ... and bestselling author Jane McGonigal, and former Congressman Patrick ... In Recovery Conference being held in San Diego, ... Hotel Del Coronado. The national conference brings together leading ...
(Date:3/30/2015)... (PRWEB) March 30, 2015 The pharmaceutical ... and flexible biological manufacturing plants. This is primarily due ... business. , This has forced facilities to produce and ... The existing facilities have been forced to expand production, ... change of ownership. , Most of these facilities have ...
Breaking Medicine News(10 mins):Health News:National Association of Professional Women Announces Stacey Lynne Irey, Office Manager at Mid Jersey Endodontic Group, a 2015 Professional Woman of the Year 2Health News:Precinct Ambulatory Surgery Center Achieves Accreditation Association for Ambulatory Health Care Accreditation 2Health News:Drug Screens Now at Healthpointe 2Health News:Drug Screens Now at Healthpointe 3Health News:Foundations Recovery Network Kicks Off Its 41st National Conference Specializing in the Treatment of Substance Abuse and Behavioral Health 2Health News:FDAnews Announces: Aging Aseptic and Biological Manufacturing Facilities: Design and Renovation for Compliance Webinar, April 16, 2015 2Health News:FDAnews Announces: Aging Aseptic and Biological Manufacturing Facilities: Design and Renovation for Compliance Webinar, April 16, 2015 3
... May 6 Rigel,Pharmaceuticals, Inc. (Nasdaq: RIGL ) ... 31, 2008., During the first quarter of 2008, ... per share, compared to a net loss of $17.1 ... 2007. Weighted average shares,outstanding for the first quarters of ...
... ... Labs Nationwide, ALISO ... a premier anatomic pathology and molecular testing services,resource for pathologists, ... a one-year agreement with Joint Venture,Hospital Laboratories (JVHL) to provide ...
... Fla., May 6 The common practice of clipping a,pet ... house may be causing,more serious emotional trauma to pet birds ... rights., Thousands of pet parrots are developing psychological problems ... fly stripped away from,them from unknowing pet owners., This ...
... Health Plan,Inc., Kaiser Foundation Hospitals and their subsidiaries (KFHP/H) ... quarter ended,March 31, 2008, compared to $9.4 billion in ... quarter of this year was $250 million versus $698,million ... the first quarter,increased slightly to $545 million from $521 ...
... of More Than 40,000 Readers Gives High Marks To ... Evolving,Consumer-Pharmacist Relationship, YONKERS, N.Y., May 5 For ... drugs out of pocket, a new price,study by Consumer ... only do,prices vary from store to store for the ...
... Provide Deloitte the Opportunity to Respond to,Specific Solicitations ... May 5 Deloitte has been awarded the,opportunity ... (DoD) Military,Health System (MHS) to provide strategy, operations ... and Management Support (TEAMS),contract is a multiple-award vehicle ...
Cached Medicine News:Health News:Rigel Announces First Quarter 2008 Financial Results 2Health News:Rigel Announces First Quarter 2008 Financial Results 3Health News:Rigel Announces First Quarter 2008 Financial Results 4Health News:Clarient Partners With Joint Venture Hospital Laboratories to Offer Pathologists Wide Array of Cancer Assays 2Health News:Clarient Partners With Joint Venture Hospital Laboratories to Offer Pathologists Wide Array of Cancer Assays 3Health News:Clarient Partners With Joint Venture Hospital Laboratories to Offer Pathologists Wide Array of Cancer Assays 4Health News:How Clipping Pet Parrot's Wings May Violate Their Animal Rights 2Health News:Kaiser Foundation Health Plan and Hospitals Reports First Quarter 2008 Financial Results 2Health News:Kaiser Foundation Health Plan and Hospitals Reports First Quarter 2008 Financial Results 3Health News:Consumer Reports: Some Drug Prices Can Vary By $100 or More for the Same Bottle of Pills 2Health News:Consumer Reports: Some Drug Prices Can Vary By $100 or More for the Same Bottle of Pills 3Health News:Consumer Reports: Some Drug Prices Can Vary By $100 or More for the Same Bottle of Pills 4Health News:Consumer Reports: Some Drug Prices Can Vary By $100 or More for the Same Bottle of Pills 5Health News:Deloitte Awarded Opportunity to Respond to Military Health System Contracts 2
(Date:3/30/2015)... and BRISBANE, Calif., March 30, 2015 Shareholder ... the proposed acquisition of Hyperion Therapeutics, Inc. (NASDAQ: ... HZNP ).  On March 30, 2015, the two companies ... to which Horizon will acquire Hyperion.  Under the terms ... cash for each share of Hyperion common stock. ...
(Date:3/30/2015)... Va. , March 30, 2015  Researchers ... the Marshall University Joan C. Edwards School of ... entitled, "PSEN1 Variant in a Family with Atypical ... genetically confirmed to have a known variant of ... drug Bryostatin 1. Genetically confirmed Alzheimer,s patients as ...
(Date:3/30/2015)... -- The investigational S- equol nutritional supplement may be ... as hot flashes, according to a new peer-reviewed article ... "Current data suggest that women may have ... and possibly additional benefits, such as skin health. Given ... and health care professionals may consider the use of ...
Breaking Medicine Technology:Robbins Arroyo LLP: Acquisition of Hyperion Therapeutics, Inc. (HPTX) by Horizon Pharma plc (HZNP) May Not Be in Shareholders' Best Interests 2Robbins Arroyo LLP: Acquisition of Hyperion Therapeutics, Inc. (HPTX) by Horizon Pharma plc (HZNP) May Not Be in Shareholders' Best Interests 3Severe Alzheimer's Patient Responds to Bryostatin Treatment 2Severe Alzheimer's Patient Responds to Bryostatin Treatment 3Severe Alzheimer's Patient Responds to Bryostatin Treatment 4Severe Alzheimer's Patient Responds to Bryostatin Treatment 5New Scientific Review Suggests Some Women May Benefit from Considering Use of S-equol to Ease Menopause Symptoms 2New Scientific Review Suggests Some Women May Benefit from Considering Use of S-equol to Ease Menopause Symptoms 3New Scientific Review Suggests Some Women May Benefit from Considering Use of S-equol to Ease Menopause Symptoms 4New Scientific Review Suggests Some Women May Benefit from Considering Use of S-equol to Ease Menopause Symptoms 5New Scientific Review Suggests Some Women May Benefit from Considering Use of S-equol to Ease Menopause Symptoms 6
... June 6, 2012 /PRNewswire-iReach/ -- Particle ... in contamination monitoring.  Founded by Dr. Robert Knollenberg in ... company has grown to be the global leader in ... the U.S. including direct operations in Italy, Japan, China, ...
... Research Institute Professor Richard A. Lerner, MD, has won ... for Scientific and Technical Research, according to an announcement ... shares the award with British biochemist Sir Gregory Winter, ... the Prince of Asturias Award for Scientific and Technical ...
Cached Medicine Technology:Particle Measuring Systems® Celebrates 40 Years of Leadership 2Scripps Research Institute's Richard A. Lerner Wins Prince of Asturias Award for Scientific and Technical Research 2Scripps Research Institute's Richard A. Lerner Wins Prince of Asturias Award for Scientific and Technical Research 3Scripps Research Institute's Richard A. Lerner Wins Prince of Asturias Award for Scientific and Technical Research 4Scripps Research Institute's Richard A. Lerner Wins Prince of Asturias Award for Scientific and Technical Research 5
... table is the most versatile ... was designed for both lower ... with an integrated shoulder attachment. ... purpose operating table for your ...
... Series Outpatient Surgical Table is built to ... other specialty and general purpose surgical tables, ... such as 180-degree top rotation for enhanced ... rails will accommodate a wide variety of ...
... The schaerer axis ... been specially designed for ... maximum C-arm access. The ... possibilities and the offset ...
... body set the high standard for the development ... concept of the plates and the multi-functional joints, ... the patient in an optimum manner. Unrestricted space ... utilised. The desire for safety is a basic ...
Medicine Products: