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RehabCare posted a profit of $5.7 million in the fourth up from $5.1 million a year ago. The company’s revenued rose 13 percent to $194.2 million for the quarter, up from $171.89 million during the same quartet ayear earlier. For all RehabCare posted a profitof $18.7 million on $743 million in up from a profit of $12.7 million on $704.6 million in revenue in 2007. “Frok the outset of 2008 we have been in agrowthj mode, following our integration of the Symphonhy acquisition,” said John Short, RehabCare presidenr and chief executive, in a statement.
“By year end, we achieved solid revenue growth, with each of our core operatingg divisionsreporting double-digit percentage revenue gainw over the fourth quarter of St. Louis-based RehabCare (NYSE: RHB) provideas physical rehabilitation program managemenyt services in morethan 1,20 0 hospitals, nursing homes and other long-termj care facilities throughout the Unitexd States.
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