LTCCareer.com

"The Senior Care Resource Network"

Skilled Healthcare Group Reports Third Quarter 2011 Adjusted EPS of $0.32

Press Release
Oct. 31, 2011 4:46 p.m. EDT

FOOTHILL RANCH, Calif., Oct. 31, 2011 /PRNewswire via COMTEX/ -- Skilled
Healthcare Group, Inc. /quotes/zigman/437036/quotes/nls/skh SKH
+2.65%
today announced its consolidated financial operating results for the three- and
nine-month period ended September 30, 2011.

 

"Once again the remarkable teams at our operating and administrative service
companies have done an outstanding job of focusing on high quality patient care.
For the third straight year of our participation in the American Healthcare
Association's National Quality Awards, our operating companies have attained 13
additional Bronze and two more Silver quality awards bringing our total quality
award count to 74," noted Boyd Hendrickson, Chairman and Chief Executive Officer
of Skilled Healthcare Group, Inc. "I am also pleased to report that our
consolidated cash flows from operations for the nine months ended September 30,
2011 were an impressive $66.2 million. This has enabled us to deleverage by
$27.8 million, spend $25.1 million in acquisitions and other capital
expenditures, and increase cash by $12.3 million when compared to the end of
2010."


FULL RELEASE

Views: 35

Comment

You need to be a member of LTCCareer.com to add comments!

Join LTCCareer.com

© 2024   Created by Tony Perry.   Powered by

Badges  |  Report an Issue  |  Terms of Service