| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| NetCare Health Systems, Inc. |
| 424 Church Street, Suite 2100, Nashville, TN 37219 * (615) 742-8500 |
| The company was funded in March 1996 to acquire and operate acute care community hospitals in non-urban markets. Since then, NetCare has acquired and currently operates ten general acute care hospitals in growing, non-urban communities. |
| Manager | Tier | Phone |
| Merrill Lynch & Co. | Lead Manager | (212) 449-4600 |
| Bear, Stearns & Co. Inc. | Co-manager | (212) 272-4850 |
| CS First Boston | Co-manager | (212) 325-2000 |
| Salomon Smith Barney | Co-manager | (212) 723-7300 |
| NYSE: | NHS | Service: | SIC 8062 | |
| Type of Shares: | Common Shares | Filing Date: | 6/18/98 | |
| U.S. Shares Filed: | 0 | Filing Price: | - | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $100,000,000 | |
| Primary Shares: | 0 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | ||
| Employees: | 1210 |
| Issuer's Law Firm: | Dewey Ballantine |
| Bank's Law Firm: | Debevoise & Plimpton |
| Auditor: | Ernst & Young |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $130.34 | $34.63 | $32.45 | Assets: | $150.55 |
| Net Income: | $3.38 | $1.36 | $1.36 | Curr Assets: | $32.60 |
| EPS: | Liabilities: | $99.42 | |||
| Prior EPS: | Curr Liab: | $22.34 | |||
| Cash Flow/Oper: | $3.90 | $2.59 | $1.66 | Equity: | $51.13 |
| Cash Flow/Fin: | -$0.64 | -$0.10 | -$0.12 | Cash: | $0.93 |
| Cash Flow/Inv: | -$3.23 | -$2.05 | -$1.56 | Working Cap: | $10.26 |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |