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May 05, 2015 3:34 AM ET

Healthcare Providers and Services

Company Overview of IASIS Healthcare LLC

Company Overview

IASIS Healthcare LLC, a healthcare services company, owns and operates acute care hospitals in urban and suburban markets. It operates through two segments, Acute Care and Health Choice. The company owns or leases 16 acute care hospital facilities and 1 behavioral health hospital facility with a total of 3,800 licensed beds. It operates acute care hospitals in Arizona, Arkansas, Colorado, Louisiana, Texas, and Utah. The company also offers healthcare services to approximately 340,900 members through various health care plans, accountable care networks, third party management and administrative services, and other managed care solutions. IASIS Healthcare LLC was founded in 1998 and is based i...

Dover Centre

117 Seaboard Lane

Building E

Franklin, TN 37067

United States

Founded in 1998

10,200 Employees

Phone:

615-844-2747

Fax:

615-846-3006

Key Executives for IASIS Healthcare LLC

Chief Executive Officer, President, Director and Director of IASIS Healthcare Corporation
Age: 50
Chief Financial Officer and Principal Financial & Accounting Officer
Age: 54
Chief Operating Officer
Age: 55
Chief Executive Officer of Health Choice Arizona Inc
Age: 38
President of Western Division
Age: 57
Compensation as of Fiscal Year 2014.

IASIS Healthcare LLC Key Developments

IASIS Healthcare LLC Reports Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2014

IASIS Healthcare LLC reported unaudited consolidated earnings results for the first quarter ended December 31, 2014. For the quarter, the company’s total revenues totaled $686.7 million, an increase of 15.2% compared to $595.9 million in the prior year quarter. Adjusted EBITDA totaled $73.9 million, an increase of 15.3% compared to $64.1 million in the prior year quarter. Net earnings from continuing operations totaled $8.9 million, compared to $1.9 million in the prior year quarter. Earnings from continuing operations before gain (loss) on disposal of assets and income taxes were $16,153,000 compared to $3,164,000 a year ago. Earnings from continuing operations before income taxes were $15,305,000 compared to $4,406,000 a year ago. Net earnings attributable to the company were $5,113,000 compared to $5,202,000 a year ago. Net cash used in operating activities was $11,477,000 compared to $73,302,000 a year ago. Purchases of property and equipment were $23,410,000 compared to $10,883,000 a year ago. Cash flows used in continuing operations for the first quarter ended December 31, 2014, totaled $11.2 million, compared to cash flows used in continuing operations of $61.2 million in the prior year quarter. Cash flows used in continuing operations for the quarter ended December 31, 2013, were affected by the payment of $22.3 million in income taxes and other transaction costs associated with the sale-leaseback of certain hospital real estate, along with delays in certain Texas and Arizona supplemental reimbursement.

IASIS Healthcare LLC to Report Q1, 2015 Results on Feb 10, 2015

IASIS Healthcare LLC announced that they will report Q1, 2015 results at 11:00 AM, US Eastern Standard Time on Feb 10, 2015

IASIS Healthcare LLC, Q1 2015 Earnings Call, Feb 10, 2015

IASIS Healthcare LLC, Q1 2015 Earnings Call, Feb 10, 2015

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