TeamHealth’s Net Earnings Rises 11% in 4Q

Knoxville, Tenn.-based TeamHealth Holdings’ net earnings in the fourth quarter of fiscal year 2012 rose by 11 percent from the same period last year to a total of 14.7 million.

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During the fourth quarter of FY 2012, TeamHealth’s net revenue rose by 17 percent from the same period last year to 544.8 million.

For the entire FY 2012, TeamHealth’s net earnings totaled 63.7 million, down 2 percent from 65.5 million recorded for FY 2011. Net revenue was up 18 percent to 2.06 billion from 1.74 billion recorded for FY 2011.

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