Healthcare Realty Trust Incorporated (NYSE:HR) Q2 2022 Earnings Conference Call August 9, 2022 12:00 PM ET

Company Participants

Kris Douglas - CFO

Todd Meredith - President, CEO and Director

Robert Hull - EVP of Investments

Conference Call Participants

Rich Anderson - SMBC

Michael Griffin - Citi

Steven Valiquette - Barclays

John Pawlowski - Green Street

Jonathan Hughes - Raymond James

Tayo Okusanya - Credit Suisse

Michael Bilerman - Griff

Daniel Bernstein - Capital One

Mike Mueller - JPMorgan

Operator

Good afternoon. Thank you for attending today's Healthcare Realty Trust Second Quarter Financial Results. My name is Francis, and I'll be your moderator today. [Operator Instructions]

I'd like to pass the conference over to our host, Kris Douglas, CFO.

Kris Douglas

Thank you for joining us today for Healthcare Realty's Second Quarter '22 Earnings Conference Call. Joining me on the call today are Todd Meredith and Rob Hull. A reminder that except for the historical information contained within, the matters discussed in this call may contain forward-looking statements that involve estimates, assumptions, risks, and uncertainties. These risks are more specifically discussed in the company's Form 10-K filed with the SEC for the year ended December 31, 2021, and Form 10-Qs filed with the SEC for the quarters ended March 31 and June 30, 2022.

These forward-looking statements represent the company's judgment as of the date of this call. The company disclaims any obligation to update this forward-looking material. The matters discussed in this call may also contain certain non-GAAP financial measures such as funds from operations, or FFO, normalized FFO, FFO per share, normalized FFO per share, funds available for distribution, or FAD, net operating income, NOI, EBITDA, and adjusted EBITDA. A reconciliation of these measures to the most comparable GAAP financial measures may be found in the company's earnings press release for the quarter ended June 30, 2022. The company's earnings press release, supplemental information, and Form 10-Q are available on the company's website.

I'll now turn the call over to Todd.

Todd Meredith

Thank you, Kris, and thank you, everyone, for joining us for our second quarter 2022 earnings call. 20 days ago, we closed our transformational combination with HTA. Since we initially began pursuing HTA nearly a year ago, the market has presented a lot of challenges to navigate, rising debt costs, geopolitical turmoil and record inflation, among others. We're incredibly fortunate and proud to be where we are today. First, I'd like to express our gratitude to shareholders who voted overwhelmingly in favor of the combination. 79% of shares outstanding and 92% of those who voted. Thank you for your vote of confidence.