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August 05, 2015 5:46 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: 51
Chief Financial Officer and Principal Financial & Accounting Officer
Age: 55
Chief Operating Officer
Age: 56
Chief Executive Officer of Health Choice Arizona Inc
Age: 39
President of Western Division
Age: 58
Compensation as of Fiscal Year 2015.

IASIS Healthcare LLC Key Developments

IASIS Healthcare Corporation Appoints Sharad Mansukani, M.D. as Lead Independent Director

IASIS Healthcare Corporation announced that Sharad Mansukani, M.D., has been appointed as the company's Lead Independent Director. Dr. Mansukani has served on the company's Board of Directors since 2005. During his career, Dr. Mansukani has been a practicing physician, has served as a senior advisor to the Center for Medicare and Medicaid Services, and has held directorships and executive roles with numerous public and private managed care companies, as well as other healthcare industry companies.

IASIS Healthcare LLC Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended March 31, 2015

IASIS Healthcare LLC reported unaudited consolidated earnings results for the second quarter and six months ended March 31, 2015. For the quarter, the company reported total revenue of $696,827,000 compared to $627,782,000 a year ago. Earnings from continuing operations before income taxes were $18,496,000 compared to $7,003,000 a year ago. Net earnings from continuing operations were $8,749,000 compared to $3,231,000 a year ago. Net earnings attributable to the company were $4,180,000 compared to net loss of $6,033,000 a year ago. Adjusted EBITDA was $74,602,000 compared to $66,613,000 a year ago. For the six months, the company reported total revenue of $1,366,365,000 compared to $1,223,672,000 a year ago. Earnings from continuing operations before income taxes were $15,473,000 compared to $11,409,000 a year ago. Net earnings from continuing operations were $8,380,000 compared to $5,160,000 a year ago. Net earnings attributable to the company were $24,000 compared to net loss of $831,000 a year ago. Net cash provided by operating activities was $17,188,000 compared to net cash used in operating activities of $32,954,000 a year ago. Purchases of property and equipment were $56,281,000 compared to $39,363,000 a year ago. Adjusted EBITDA was $130,536,000 compared to $130,754,000 a year ago.

IASIS Healthcare LLC to Report Q2, 2015 Results on May 15, 2015

IASIS Healthcare LLC announced that they will report Q2, 2015 results at 11:00 AM, US Eastern Standard Time on May 15, 2015

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