BENCHMARKS REPORT

Industry Measure: Company Level Data
| SIC: | 8011 |
| INDUSTRY: | OFFICES OF MEDICAL DOCTORS |
| BENCHMARKS FOR THE INDUSTRY |
| NO. OF SEGMENTS REPORTING IN THE INDUSTRY: 23 |
|
1997 SALES FOR THE INDUSTRY: $ 12123 (Total Sales in $Millions) |
|
OPERATING MARGIN: -4.8 (EBIT (divided by) Sales) |
|
CAPITAL INTENSITY: 48.2 (Sum of Total Debt plus Shareholder Equity (divided by) Sales) |
|
SALES GROWTH: 64.2 (Compound 3-Year Growth Rate in Sales for the Median Participant in the Industry) |
| BENCHMARKS FOR THE TOP FOUR COMPETITORS |
| ROE: Net Profits (divided by) Total Shareholder Equity RONCE: EBIT (divided by) Sum of Total Debt plus Shareholders' Equity |
| Competitor/Rank by Sales |
Market Share (% Ind. Sales) |
ROE | RONCE |
| #1: MEDPARTNERS INC |
52.2 | -763.6 | -44.5 |
| #2: COVENTRY HEALTH CARE |
10.1 | 10.1 | 15.0 |
| #3: FPA MEDICAL MGMT INC |
9.6 | -6.5 | 1.7 |
| #4: PHYCOR INC |
9.2 | 0.5 | 3.7 |
| Total of #1-4: | 81.2 | -27.9 | -9.9 |