BRENTWOOD, Tenn., Sep 17, 2002 (BUSINESS WIRE) -- LifePoint Hospitals, Inc.
(Nasdaq/NM:LPNT) today announced that it will participate in the Bear Stearns
15th Annual Healthcare Conference to be held September 17-19, 2002, in New York
City, New York.
Kenneth C. Donahey, chairman and chief executive officer of LifePoint Hospitals,
and Michael J. Culotta, LifePoint's chief financial officer, will give a
presentation on the Company, followed by a question and answer session.
The Company also announced that a live broadcast of its conference presentation
will be available on Wednesday, September 18th, beginning at 3:00 p.m. Eastern
Time. To access the broadcast, listeners should go to the Company's website,
www.lifepointhospitals.com or to www.companyboardroom.com approximately 15
minutes prior to the event to register and download any necessary software,
Microsoft Media Player or RealPlayer. For those unable to listen to the live
broadcast, a replay will be available for 30 days by accessing the addresses
LifePoint Hospitals, Inc. operates 23 hospitals in non-urban areas. In most
cases, the LifePoint facility is the only hospital in its community. LifePoint's
non-urban operating strategy offers continued operational improvement by
focusing on its five core values: delivering high quality patient care,
supporting physicians, creating excellent workplaces for its employees,
providing community value, and ensuring fiscal responsibility. Headquartered in
Brentwood, Tennessee, LifePoint Hospitals is affiliated with over 7,000
The above statements include forward-looking statements based on current
management expectations. Numerous factors exist which may cause results to
differ from these expectations. Many of the factors that will determine the
Company's future results are beyond the ability of the Company to control or
predict. These statements are subject to risks and uncertainties relating to the
Company, including without limitation, (i) possible changes in reimbursement to
healthcare providers and insurers that may reduce payments; (ii) its ability to
attract and retain qualified management and personnel, including physicians,
nurses and clinical support personnel; (iii) the geographic concentration of the
Company's operations; (iv) risks associated with the Company's acquisition and
disposition strategies; (v) the management of healthcare risks as a result of
the delivery of patient care; (vi) the regulated nature of the healthcare
industry; (vii) the highly competitive nature of the healthcare business; (viii)
the potential adverse impact of government investigations and litigation
involving the business practices of HCA (to the extent relating to periods prior
to the Company's formation); (ix) fluctuations in the market value of the
Company's common stock; (x) the possibility that existing accounting practices
relating to the treatment of the extraordinary charge to be incurred by the
Company will be changed based on current proposals; (xi) the possibility that
the Company's judgment regarding the tax implications of the purchase of its 10
3/4% Senior Subordinated Notes could be challenged; (xii) the possibility that
the Company's liquidity needs could change; and (xiii) those risks and
uncertainties detailed from time to time in the Company's filings with the
Securities and Exchange Commission. Therefore, the Company's actual results may
differ materially. The Company undertakes no obligation to update any
forward-looking statements, or to make any other forward-looking statements,
whether as a result of new information, future events or otherwise.
All references to "Company" and "LifePoint" as used throughout this document
refer to LifePoint Hospitals, Inc. and its affiliates.
CONTACT: LifePoint Hospitals, Inc., Brentwood
Penny L. Brake, 615/372-8532
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