Neighborcare (NASDAQ:NCRX)
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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