1
EXHIBIT 12.1
Paracelsus Utah Facilities
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(Dollars in thousands)
Period from Date
of Acquisition Through Year Ended Year Ended Nine Months Ended
December 31, 1996 December 31, 1997 December 31, 1998 September 30, 1998
---------------------- ----------------- ------------------ ------------------
Earnings
Income (loss) from continuing
operations before minority
interests and income taxes (103,257) 3,750 3,548 3,600
Fixed charges 10,693 25,883 20,977 16,384
Less interest capitalized -- -- -- --
------- ------ ------ ------
(92,564) 29,633 24,525 19,984
Fixed charges
Interest charged to expense 8,465 22,097 17,088 13,426
Interest capitalized -- -- -- --
Interest portion of rental expense 2,228 3,786 3,889 2,958
------- ------ ------ ------
Fixed charges 10,693 25,883 20,977 16,384
------- ------ ------ ------
Ratio of earnings to fixed charges -- 1.1 1.2 1.2
======= ====== ====== ======
Nine Months Ended
September 30, 1999
------------------
Earnings
Income (loss) from continuing
operations before minority
interests and income taxes 910
Fixed charges 10,340
Less interest capitalized 218
-------
11,468
Fixed charges
Interest charged to expense 7,304
Interest capitalized 218
Interest portion of rental expense 2,818
-------
Fixed charges 10,340
-------
Ratio of earnings to fixed charges 1.1
=======