Vanguard Health Systems Inc.


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Vanguard Health Systems Inc. announced earnings results for the fourth quarter and full year ended June 30, 2008. For the quarter, the company reported net loss of $0.8 million on revenue of $716.6 million compared to net loss of $9.6 million on revenue of $651.1 million for the same period a year ago. The lower net loss during the current year quarter was primarily due to the previously discussed quarter over quarter growth in total revenues. Adjusted EBITDA for the quarter ended June 30, 2008 was $66.3 million, a 13.9% increase compared to the prior year quarter.