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TheStreet Open House

Team Health CEO Discusses Q3 2010 Results – Earnings Call Transcript

Team Health Holdings, Inc. ( TMH)

Q3 2010 Earnings Call Transcript

November 10, 2010 10:00 am ET

Executives

Tracy Young – VP, Communications

Greg Roth – President and CEO

David Jones – EVP and CFO

Analysts

Kevin Fischbeck – Bank of America/Merrill Lynch

Adam Feinstein – Barclays Capital

Shelley Gnall – Goldman Sachs

Darren Lehrich – Deutsche Bank

Rob Mains – Morgan Keegan

Dawn Brock – Kaufman Brothers

Jeff Corman [ph] – Seltale & Company [ph]

Bryan Sekino – Barclays Capital

Presentation

Operator

Good day, ladies and gentlemen, thank you for standing by. Welcome to the TeamHealth’s fiscal third quarter 2010 earnings conference call. 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) This conference is being recorded today, Wednesday, November 10, 2010. I would now like to turn the conference over to Tracy Young, Vice President of Communications. Please go ahead.

Tracy Young

Thank you, Alicia. 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 third 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 website at www.teamhealth.com and in our Form 10-Q.

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