Team Health Holdings, Inc. Announces Preliminary 2015 Third Quarter Results And Updates 2015 Full Year Guidance
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TeamHealth Holdings (TMH) Prelim. Q3 Results Mixed to Consensus
October 23, 2015 6:33 AM EDTTeamHealth Holdings (NYSE: TMH) announced its preliminary financial and operating results for the third quarter of 2015.
Preliminary Third Quarter 2015 Highlights
Net Revenue is expected to be $899.2 million, representing 26.2% growth over the third quarter of 2014. (The Street sees revenue of $892.7 million.)Acquisitions and hybrid acquisitions developed from new hospital contracting opportunities are expected to contribute the majority of net revenue growth between quarters followed by net new sales, and increases in same contract revenue. Within same contract revenue, both fee for service volume and pricing are... More