Free Historical Stock Data on Triad Hospitals
Stock Symbol: TRI
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Business Description
Triad Hospitals, Inc., through its affiliates, owns and manages hospitals and ambulatory surgery centers in small cities and selected larger urban markets. The Company has 52 hospitals (including one under construction) and 14 ambulatory surgery centers in 15 states with approximately 8,340 licensed beds. In addition, through its QHR subsidiary, the Company provides hospital management, consulting and advisory services to more than 200 independent community hospitals and health systems throughout the United States.
Financial Information
For the nine months ended 9/30/04, revenues increased 22% to $3.31 billion. Net income from continuing operations decreased 7% to $87.3M. Revenues reflect favorable pricing trends and changes in contract structure and patient mix. Net income reflects the inclusion of a $76 million refinancing transaction cost.
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