Birmingham, Ala-based post-acute care provider HealthSouth recently announced its financial results for the fourth quarter and full year 2015.
According to HealthSouth president and CEO Jay Grinney in a media release, the company generated $83 million of adjusted free cash flow during the fourth quarter, which brought full-year adjusted free cash flow to $389 million—a 25% increase over full year 2014.
Other results, per the release, include a net increase in operating revenues by $265.9 million, or 43.3%, in fourth quarter 2015 compared to fourth quarter 2014; income per diluted share of $0.48, compared to $0.41 in 2014; an increase in cash flows by operating activities to $116.6 million, compared to $70.2 million in 2014; adjusted EBITDA of $191.5 million for fourth quarter 2015 compared to $140.8 million in fourth quarter 2014; and adjusted free cash flow of $83.0 million for fourth quarter 2015, compared to $45.4 million for fourth quarter 2014—an increase of 82.8%.
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[Source(s): HealthSouth, PR Newswire]