December 31,
(in thousands, except share amounts) 2001 2000
Assets                            
Current assets:
  Cash and cash equivalents $ 14,172 $ 4,690
  Investments 999
  Service fees receivable, net of allowance for uncollectible
   amounts of $3,852 in 2001 and $2,598 in 2000 58,610 35,350
  Advances to affiliated practices, net 19,379 7,644
  Deferred income taxes 4,374 1,978
  Supplies inventory 8,843 7,306
  Prepaid expenses and other assets 6,963 3,782
    Total current assets 112,341 61,749
Property, equipment and improvements, net 91,843 76,686
Advances to affiliated practices, less current portion, net 12,357 9,057
Deferred income taxes 56,694 24,030
Intangible assets, net 229,276 194,544
Goodwill 71,782
Other assets 6,173 1,881
    Total other assets 468,125 306,198
    Total Assets $ 580,466 $ 367,947
 
Liabilities and Shareholders’ Equity
Current liabilities:
  Accounts payable $ 11,321 $ 7,855
  Accrued salaries and other accrued liabilities 18,142 4,054
  Deferred revenue 1,929 2,516
  Income taxes payable 1,363 2,913
  Service fee prepayments 13,976
  Amounts payable to affiliated practices 9,627 2,412
  Current portion of notes payable to affiliated practices 4,036 2,426
    Total current liabilities 60,394 22,176
Notes payable to affiliated practices, less current portion 11,564 1,112
Long-term debt 119,000 57,463
Non-controlling interest in subsidiary 56
Shareholders’ equity:
  Preferred stock, $.01 par value: 10,000,000 shares
   authorized, no shares outstanding
  Common stock, $.01 par value; 100,000,000 shares authorized;
   approximately 50,914,000 shares issued and outstanding
   at December 31, 2001 and 48,600,000 shares issued and
   outstanding at December 31, 2000 509 487
  Additional paid-in capital 208,949 168,661
  Retained earnings 182,715 121,581
  Accumulated other comprehensive loss (1,989 ) (127 )
  Due from key employees for stock purchase program (488 ) (1,604 )
  Capital contributions receivable from shareholders (244 ) (1,802 )
    Total shareholders’ equity 389,452 287,196
    Total Liabilities and Shareholders’ Equity $ 580,466 $ 367,947
 
See notes to consolidated financial statements.