NeighborCare Schedules Fiscal Third Quarter 2004 Earnings Release & Conference Call Dates
27 July 2004 - 11:43PM
PR Newswire (US)
NeighborCare Schedules Fiscal Third Quarter 2004 Earnings Release
& Conference Call Dates BALTIMORE, July 27
/PRNewswire-FirstCall/ -- NeighborCare, Inc. (NASDAQ:NCRX) will
release results for its fiscal third quarter ended June 30, 2004
after the close of trading on August 4, 2004. The Company will hold
a conference call on August 5, 2004 to discuss the results. The
conference call information follows; Date: Thursday, August 5, 2004
Time: 9:00 a.m. Eastern Time Toll-Free Number: (888) 240-0264 Toll
Number: (706) 679-5757 Leader: John Arlotta Conference ID: 8879849
Investors can also access the conference live via webcast through
NeighborCare's web site at
http://www.neighborcare.com/investor/default.cfm, where a replay of
the call will also be posted. About NeighborCare, Inc.
NeighborCare, Inc. (NASDAQ:NCRX) is one of the nation's leading
institutional pharmacy providers serving long term care and skilled
nursing facilities, specialty hospitals, assisted and independent
living communities, and other assorted group settings. NeighborCare
also provides infusion therapy services, home medical equipment,
respiratory therapy services, community-based retail pharmacies and
group purchasing. In total, NeighborCare's operations span the
nation, providing pharmaceutical services in 32 states and the
District of Columbia. Visit our website at
http://www.neighborcare.com/. Statements made in this document, our
website and in our other public filings and releases, which are not
historical facts contain "forward-looking" statements (as defined
in the federal securities laws) that involve risks and
uncertainties and are subject to change at any time. These
forward-looking statements may include, but are not limited to,
statements containing words such as "anticipate," "believe,"
"plan," "estimate," "expect," "intend," "may", "target" and similar
expressions. Such forward-looking statements include, without
limitation, statements regarding the effect of the spin-off on our
operations, expected changes in reimbursement rates and
inflationary increases in state Medicaid rates, expected bed count,
expected SG&A expense, anticipated restructuring charges and
estimates of timing and costs savings related to cost improvement
initiatives. Factors that could cause actual results to differ
materially include, but are not limited to, the following: costs,
changes in the reimbursement rates or methods of payment from
Medicare or Medicaid, or the implementation of other measures to
reduce reimbursement for our services; changes in pharmacy
legislation and payment formulas; the expiration of enactments
providing for additional government funding; efforts of third party
payors to control costs; the impact of federal and state
regulations; changes in payor mix and payment methodologies;
further consolidation of managed care organizations and other third
party payors; competition in our business; an increase in insurance
costs and potential liability for losses not covered by, or in
excess of, our insurance; competition for qualified staff in the
healthcare industry; our ability to control operating costs, and
generate sufficient cash flow to meet operational and financial
requirements; and an economic downturn or changes in the laws
affecting our business in those markets in which NeighborCare
operates. Our Business, operations or results could also be
affected by and the effects of Omnicare's tender offer or its
pendency on the company and its business, employees, customers and
suppliers. The forward-looking statements involve known and unknown
risks, uncertainties and other factors that are, in some cases,
beyond our control. We caution investors that any forward-looking
statements made by us are not guarantees of future performance. We
disclaim any obligation to update any such factors or to announce
publicly the results of any revisions to any of the forward-looking
statements to reflect future events or developments. NeighborCare
has filed a solicitation/recommendation statement on Schedule 14D-9
regarding Omnicare's tender offer. NeighborCare's shareholders are
strongly advised to read carefully NeighborCare's
solicitation/recommendation statement (including any amendments or
supplements) regarding Omnicare's tender offer, because it contains
important information. Free copies of the
solicitation/recommendation statement and the related amendments or
supplements, which have been filed by NeighborCare with the
Securities and Exchange Commission, are available at the SEC's web
site at http://www.sec.gov/, or at the NeighborCare web site at
http://www.neighborcare.com/, and also by directing requests to
NeighborCare's information agent, MacKenzie Partners, Inc., at
1-800-322-2885. DATASOURCE: NeighborCare, Inc. CONTACT: Investor
Contact: Tania Almond, Investor Relations, NeighborCare, Inc.,
+1-410-528-7555; or Media Contact: Denise DesChenes or Dan Gagnier
of Citigate Sard Verbinnen, +1-212-687-8080, for NeighborCare Web
site: http://www.neighborcare.com/
http://www.neighborcare.com/investor/default.cfm
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