TeamHealth’s Net Earnings Up 30% in 2Q

TeamHealth’s net earnings in the second quarter of fiscal year 2013 rose by 30 percent from $14.1 million in the second quarter of fiscal year 2012 to $18.4 million in the second quarter of 2013.

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TeamHealth’s net revenue for the second quarter rose by 14.5 percent from $506.2 million in 2012 to $579.7 million in 2013.

For the first six months of its 2013 fiscal year, TeamHealth’s net earnings totaled $36.5 million, up 27.9 percent from $28.5 million recorded for the first six months last year.

Net revenue was up 17.3 percent from $98.4 million in the first six months of fiscal year 2012 to $1.15 billion in the first six months of fiscal year 2013.

More Articles on TeamHealth:

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TeamHealth Stockholder Sells 8M Shares
TeamHealth Acquires Emergency Medicine Practice in Alabama

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