Operator: Welcome to the HCA Second Quarter 2012 Earnings Release Conference Call. Today's conference is being recorded.
At this time for opening remarks and introductions, I would like to turn the call over to Senior Vice President, Mr. Vic Campbell. Please go ahead, sir.
Victor L. Campbell - SVP: Jennifer, thank you, and good morning, everyone. Mark Kimbrough, our Chief Investor Relations Officer and I would like to welcome everyone on today's call, as well as those of you listening to the webcast. With me here this morning, as usual, our Chairman and CEO, Richard Bracken; our President and CFO, Milton Johnson; and Sam Hazen, President of Operations; several other members of the senior management team are with us here as well to assist during the Q&A.
Before I turn the call over to Richard, let me remind everyone that should today's call contain any forward-looking statements, they are based on management's current expectations. Numerous risks, uncertainties, and other factors may cause actual results to differ materially from those that might be expressed today. Many of these factors are listed in today's press release and in our various SEC filings.
Many of the factors that will determine the Company's future results are beyond the ability of the Company to control or predict. In light of the significant uncertainties inherent in any forward-looking statements, you should not place undue reliance on these statements. The Company undertakes no obligation to revise or update any forward-looking statements whether as a result of new information or future events.
As you've heard, the call is being recorded with replay available later today.
With that, let me turn the call over to Richard.
Richard M. Bracken - Chairman and CEO: All right. Thank you Vic, and thanks to all for joining our call this morning. Let me just say at the outset that we were pleased with our overall performance in second quarter. In general, we saw a continuation of trends that we've been reporting on in recent quarters that is favorable growth in patient volumes, effective expense management and continued pressure on revenue rate growth and regarding our revenue rate growth performance, patient acuity is measured by case mix index increased slightly, but we continued to see pressure from Medicaid revenue rate declines.
For the quarter, consolidated reported adjusted EBITDA increased 10.5% to $1.569 billion from $1.42 billion in the prior year and same facility adjusted EBITDA increased 5.2%. Our volumes continued to trend favorably to the prior period. On a same facility basis, admissions and equivalent admissions increased to 2.5% and 3.9% respectively and on as reported basis, admissions increased 7.7%, and please recall that these as reported numbers reflect the consolidation of the HealthONE acquisition last year.
We believe that our comprehensive service line strategy continues to provide a very firm foundation for this composite growth. As an example behavioral health and inpatient rehab admission each increased approximately 14% during the quarter. We've now experienced 19 consecutive quarters of positive equivalent admissions growth. Additionally, we continued to experience favorable growth trends in the emergency visit volumes. As reported emergency visit growth was 13.4% and 8.8% on a same facility basis. This performance is important in driving our overall admission level since approximately 65% of our admissions come through our emergency department.