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TeamHealth Holdings, Inc. Q2 2010 Earnings Call Transcript

TeamHealth Holdings, Inc. (TMH)

Q2 2010 Earnings Call Transcript

August 11, 2010 10:00 am ET

Executives

Tracy Young – VP, Communications

Greg Roth – President and CEO

David Jones – CFO

Lynn Massingale – Executive Chairman

Analysts

Joanna Gajuk – Bank of America

Adam Feinstein – Barclays Capital

Robert Mains – Morgan Keegan

Kevin Ellich – RBC Capital Markets

Andreas Dirnagl – Stephens Inc.

Dawn Brock – Kaufman Bros

Kevin Campbell – Avondale Partners

Presentation

Operator

Good morning and welcome to TeamHealth’s fiscal second quarter 2010 earnings conference call. Today’s call is being recorded. During today’s presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions. (Operator instructions)

At this time, I would like to turn the conference over to Tracy Young, Vice President of Communications at TeamHealth. Please go ahead.

Tracy Young

Thank you and good morning, everyone. Before we begin, let me remind everyone that in accordance with the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995, the company knows that certain matters to be discussed by members of management during this call may constitute forward-looking statements, including remarks about future expectations, anticipation, beliefs, estimates, plans and prospects.

Such statements are subject to risks, uncertainties and other factors that may cause the actual performance of TeamHealth to be materially different from the performance indicated or implied by such statements. Such risks and other factors are set forth in the company’s 2009 Form 10-K and the second quarter 2010 Form 10-Q as filed with the Securities and Exchange Commission.

A reconciliation of adjusted EBITDA to net earnings calculated under GAAP can be found in our earnings release, which is posted on our Web site, at www.teamhealth.com, and in our Form 10-Q.

I will now turn over the call to our President and Chief Executive Officer, Greg Roth.

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