Concentra Medical Group Earnings Flat

Health-care provider Concentra Corp. said Tuesday that pre-tax earnings were flat during the first quarter but that revenues grew 15%. Adjusted earnings before interest, taxes, depreciation and amorization (EBITDA) totaled $39.01 million for the quarter, compared to $39.5 million for the same period in 2005. Concentra noted that the reporting period was one day longer this year, adding more than $4 million in quarterly expenses to the period. Revenue for the first quarter of 2006 increased 15% to $315.3 million. Operating income was $27 million, down from $30.9 million in the same period ...