Exhibit 12.1
Triad Hospitals, Inc
Computation of Ratios of Earnings to Fixed Charges
For the Three
Months Ended
March 31, For the Years Ended December 31,
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2001 2000 2000 1999 1998 1997 1996
Earnings:
Income (loss) from continuing operations
before minority interests and income
taxes.................................... $ 16.9 $ 17.0 $26.3 $(112.4) $(113.9) $(14.7) $127.3
Fixed charges, exclusive of capitalized
interest................................. 19.3 18.5 72.5 78.9 82.4 73.6 64.5
------ ------ ----- ------- ------- ------ ------
Income (loss) as adjusted.................. $ 36.2 $ 35.5 $98.8 $ (33.5) $ (31.5) $ 58.9 $191.8
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Fixed Charges:
Interest charged to expense................ $ 16.7 $ 16.1 $62.2 $ 67.7 $ 68.9 $ 60.5 $ 52.0
Portion of rents representative of interest 2.6 2.4 10.3 11.2 13.5 13.1 12.5
------ ------ ----- ------- ------- ------ ------
19.3 18.5 72.5 78.9 82.4 73.6 64.5
Interest expense included in cost of plant
construction............................. 0.3 -- 1.7 -- 1.7 0.4 0.6
------ ------ ----- ------- ------- ------ ------
$ 19.6 $ 18.5 $74.2 $ 78.9 $ 84.1 $ 74.0 $ 65.1
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Ratios of Earnings to Fixed Charges........ 1.8 1.9 1.3 (A) (A) (A) 3.0
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(A)Triad's earnings were insufficient to cover fixed charges by $112.4 million,
$115.6 million and $15.1 million for the year ended December 31, 1999, 1998
and 1997, respectively
Triad Hospitals, Inc
Pro forma Computation of Ratios of Earnings to Fixed Charges
For the Three For the Year
Months Ended Ended
March 31, December 31,
2001 2000
Earnings:
Income (loss) from continuing operations before minority interests and income
taxes...................................................................... $22.1 $(28.5)
Fixed charges, exclusive of capitalized interest............................. 48.7 191.6
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Income as adjusted........................................................... $70.8 $163.1
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Fixed Charges:
Interest charged to expense.................................................. $43.8 $172.3
Portion of rents representative of interest.................................. 4.9 19.3
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48.7 191.6
Interest expense included in cost of plant construction...................... 1.4 1.7
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$50.1 $193.3
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Ratios of Earnings to Fixed Charges.......................................... 1.4 (A)
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(A)Pro forma earnings were insufficient to cover fixed charges by $30.2 million
for the year ended December 31, 2000
1
Quorum Health Group, Inc.
Computation of Ratios of Earnings to Fixed Charges
For the Nine Months
Ended March 31, For the Years Ended June 30,
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2001 2000 2000 1999 1998 1997 1996
Earnings:
Income (loss) from continuing operations
before minority interests and income taxes $(43.0) $ 64.8 $ 93.2 $ 67.9 $148.6 $140.1 $116.7
Fixed charges, exclusive of capitalized
interest.................................. 55.4 57.3 79.5 65.1 49.5 53.0 42.3
------ ------ ------ ------ ------ ------ ------
Income as adjusted.......................... $ 12.4 $122.1 $172.7 $133.0 $198.1 $193.1 $159.0
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Fixed Charges:
Interest charged to expense................. $ 48.6 $ 50.7 $ 67.2 $ 53.7 $ 40.6 $ 45.6 $ 36.6
Portion of rents representative of interest. 6.8 6.6 12.3 11.4 8.9 7.4 5.7
------ ------ ------ ------ ------ ------ ------
55.4 57.3 79.5 65.1 49.5 53.0 42.3
Interest expense included in cost of plant
construction.............................. 2.8 -- 0.4 1.7 2.6 0.1 --
------ ------ ------ ------ ------ ------ ------
$ 58.2 $ 57.3 $ 79.9 $ 66.8 $ 52.1 $ 53.1 $ 42.3
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Ratios of Earnings to Fixed Charges......... (A) 2.1 2.2 2.0 3.8 3.6 3.8
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(A)Quorum's earnings were insufficient to cover fixed charges by $45.8 million
for the nine months ended March 31, 2001
2