Published in Elder Law Weekly, March 17th, 2004
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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