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HELIAN INCREASES EARNINGS 67 PERCENT ON RECORD FIRST QUARTER REVENUES

 HELIAN INCREASES EARNINGS 67 PERCENT
 ON RECORD FIRST QUARTER REVENUES
 MONTEREY, Calif., March 30 /PRNewswire/ -- Helian Health Group Inc. (NASDAQ-NMS: HHGR) announced today that it achieved record first quarter revenue of $6.1 million and had sharply increased earnings of $381,000.
 Summary of the first quarter ended Feb. 29, 1992:
 On a revenue increase of 55 percent ($6,073,186 vs.
 $3,913,220), earnings increased 67 percent from the first
 quarter of last year ($381,286 vs. $228,489). Earnings per
 share increased 40 percent ($.07 vs. $.05). Assisted by
 Helian's growing number of facilities, patient visits increased
 48 percent compared with the same quarter of last year.
 Thomas D. Wilson, president of Helian said, "Our strong first quarter results were due in large part to favorable contributions from our most recently acquired/developed facilities. We have executed our business strategy of broadening the medical services offered in our principal markets and developing opportunities to add new markets. As a continuation of this strategy, in April Helian will open a new surgical specialty hospital, the Recovery Inn(SM) of Las Gatos. Before the year is over, we expect to finish construction and open two additional surgery operations: the Recovery Inn(SM) of Menlo Park and Northridge Surgery Center. We look forward to continued growth from these facilities."
 Helian Health Group Inc. is a progressive medical services company that concentrates on specialty surgical centers and occupational health care.
 Helian is dedicated to solving the major health problem that confronts the United States today -- namely, lowering the high cost of medical services. To this end, Helian specializes in two modern methods of providing health care:
 -- Surgery Centers: Helian operates one of the nation's leading ambulatory surgery centers (Surgecenter of Palo Alto, Calif.) and is developing another surgery center in Northridge, Calif. The company is also developing two extended-stay surgery centers called Recovery Inns(SM) in Los Gatos and Menlo Park, Calif.
 -- Occupational Health Care: Helian is the dominant provider of occupational health care in Tucson, Ariz.; Fresno, Calif.; and Atlanta. The company has more that 10,000 employer clients and attends to more than 225,000 patient visits per year.
 Helian Health Group Inc.
 Financial Highlights (Unaudited)
 Three Months Ended: Percent
 2/29/92 2/28/91 Change
 Revenue $6,073,186 $3,913,220 +55.2
 Operating income $573,431 $391,991 +46.3
 Net income $381,286 $228,489 +66.9
 Cash Flow(A) $775,081 $478,184 +62.1
 Earnings per share $.07 $.05 +40.0
 Share equivalents 5,413,354 4,120,875 +31.4
 Patient Visits 54,143 36,515 +48.3
 (A) Cash flow is defined as Net Income + Depreciation
 -0- 3/30/92
 /CONTACT: J. Spencer Davis of Helian Health Group, 408-646-9000/
 (HHGR) CO: Helian Health Group, Inc. ST: California IN: HEA SU: ERN


DG-RM -- SJ001 -- 2703 03/30/92 08:45 EST
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Publication:PR Newswire
Date:Mar 30, 1992
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