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LifePoint Hospitals reports fourth quarter and year end 2003 revenue increases

Published in Elder Law Weekly, March 17th, 2004

LifePoint Hospitals, Inc., (LPNT) announced results for the fourth quarter and year ended December 31, 2003.

For the fourth quarter ended December 31, 2003, revenues were $237.3 million, up 17.5% from $201.9 million a year ago. Net income for the quarter totaled $19.3 million, or $0.50 per diluted share, versus net income of $17.6 million, or $0.44 per diluted share, for the prior-year period.

The consolidated financial results for the fourth quarter ended December 31, 2003, reflect a 20.3% increase in total admissions and a 21.9% increase in equivalent admissions compared with the fourth quarter of 2002. On a same-hospital basis, total admissions...

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