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Extendicare REIT Announces 2008 Second Quarter Results

                   
tmcnet.com
Aug 7, 2008
        
Story Timeline:  65 days

MARKHAM, ONTARIO, August 7 / MARKET WIRE/ -- Extendicare Real Estate Investment Trust ("Extendicare REIT" or the "REIT") (TSX: EXE.UN) today reported 2008 second quarter results with the following highlights: - Continued improvement in average Medicare Part A and HMO/CI rates, up 7.4% and 6.9%, respectively, from Q2 2007. - Increase in same-facility skilled mix census to 25.3%. - Performance of acquisitions continues to improve. - Potentially favourable tax announcement concerning health care REITs. - U.S. congress announces reversal of planned Medicare cuts and 3.4% increase October 1, 2008. - Distributions remain unchanged at $0.0925 per month for 2008. Earnings before interest, income taxes, depreciation, amortization, and accretion (EBITDA) for the 2008 second quarter totalled $45.5 million compared to $53.7 million in... [read full story]                    

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Latest article on this story:

Extendicare REIT Announces 2008 Second Quarter Results

 newsblaze.com Aug 7, 2008
First article on this story:

Extendicare REIT Announces 2008 Second Quarter Results

 marketwire.com Aug 7, 2008
Selected publications with coverage of this story:
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Extendicare REIT Announces 2008 Second Quarter Results

newsblaze.com
Aug 7, 2008
        

MARKHAM, ONTARIO - Extendicare Real Estate Investment Trust ("Extendicare REIT" or the "REIT") (TSX:EXE.UN) today reported 2008 second quarter results with the following highlights: - The recent decision by U.S. Congress to...

                   

Extendicare REIT Announces 2008 Second Quarter Results

marketwire.com
Aug 7, 2008
        

MARKHAM, ONTARIO--(Marketwire - Aug. 7, 2008) - Extendicare Real Estate Investment Trust ("Extendicare REIT" or the "REIT") (TSX:EXE.UN) today reported 2008 second quarter results with the following highlights: - Continued...

                   

Extendicare REIT: Extendicare REIT Announces 2008 Second Quarter Results

marketwire.com
Aug 7, 2008
        

MARKHAM, ONTARIO--(Marketwire - Extendicare Real Estate Investment Trust ("Extendicare REIT" or the "REIT") (TSX:EXE.UN) today reported 2008 second quarter results with the following highlights: - The recent decision by U.S....