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TIMONIUM, Md., Aug 01, 2008 (BUSINESS WIRE) -- Omega Healthcare Investors, Inc. (NYSE:OHI) today announced that it is scheduled to release its earnings results for the quarter ended June 30, 2008, on Thursday, August 7, 2008. In conjunction with its release, the Company will be conducting a conference call on August 7, 2008 at 10 a.m. EDT to review its 2008 second quarter results and current developments.
To listen to the conference call via webcast, log on to www.omegahealthcare.com and click the "2Q 2008 Earnings Call" hyperlink under the "Upcoming Events" section on the Company's homepage. Webcast replays of the call will be available on the Company's website for approximately two weeks following the call. Additionally, a copy of the earnings release will be available in the "Featured Documents" and "Recent Releases" sections of the Company's website.
Omega is a real estate investment trust investing in and providing financing to the long-term care industry. At March 31, 2008, Omega owned or held mortgages on 235 healthcare facilities located in 28 states and operated by 26 third-party healthcare operating companies.
This announcement includes forward-looking statements. Actual results may differ materially from those reflected in such forward-looking statements as a result of a variety of factors, including, among other things: (i) uncertainties relating to the business operations of the operators of the Company's properties, including those relating to reimbursement by third-party payors, regulatory matters and occupancy levels; (ii) regulatory and other changes in the healthcare sector, including without limitation, changes in Medicare reimbursement; (iii) changes in the financial position of the Company's operators; (iv) the ability of operators in bankruptcy to reject unexpired lease obligations, modify the terms of the Company's mortgages, and impede the ability of the Company to collect unpaid rent or interest during the pendency of a bankruptcy proceeding and retain security deposits for the debtor's obligations; (v) the availability and cost of capital; (vi) the Company's ability to maintain its credit ratings; (vii) competition in the financing of healthcare facilities; (viii) the Company's ability to maintain its status as a real estate investment trust; (ix) uncertainties relating to Haven's bankruptcy process, and (x) other factors identified in the Company's filings with the Securities and Exchange Commission. Statements regarding future events and developments and the Company's future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements.
SOURCE: Omega Healthcare Investors, Inc.
FOR FURTHER INFORMATION, CONTACT Omega Healthcare Investors, Inc. Bob Stephenson, Chief Financial Officer at (410) 427-1700
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