July 28, 2017 5:51 AM ET

Healthcare Providers and Services

Company Overview of SCAI Holdings, LLC

Company Overview

SCAI Holdings, LLC, together with its subsidiaries, owns and operates a network of multi-specialty ambulatory surgery centers and surgical hospitals primarily in the United States. The company’s ambulatory surgery centers (ASCs) and surgical hospitals primarily offer facilities, equipment, and medical support staff necessary for physicians to perform non-emergency surgical and other procedures in various specialties, such as orthopedics, ophthalmology, gastroenterology, pain management, otolaryngology, urology, and gynecology, as well as other general surgery procedures. As of December 31, 2016, it had an interest in and/or operated 197 ASCs, 7 surgical hospitals, and 1 sleep center in 33 st...

510 Lake Cook Road

Suite 400

Deerfield, IL 60015

United States

6,000 Employees

Phone:

847-236-0921

Key Executives for SCAI Holdings, LLC

Chief Executive Officer and Director
Age: 54
Group President
Group President
Group President
Group President
Compensation as of Fiscal Year 2017.

SCAI Holdings, LLC Key Developments

Surgical Care Affiliates Files Form 15

Surgical Care Affiliates, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock, par value $0.01 per share under the Securities Exchange Act of 1934, as amended.

Surgical Care Affiliates, Inc. Announces Management Changes

As previously disclosed, on January 7, 2017, Surgical Care Affiliates, Inc. (including its successor in interest, SCA Holdings, LLC, the company) entered into an agreement and plan of reorganization (the Merger Agreement) with UnitedHealth Group Incorporated and UnitedHealth Group’s wholly owned subsidiaries, Spartan Merger Sub 1, Inc. (Purchaser), and Spartan Merger Sub 2, LLC (Merger Sub). In connection with the First Merger and as contemplated by the Merger Agreement, each of Andrew Hayek, Todd B. Sisitsky, Thomas C. Geiser, Kenneth R. Goulet, Fredrick A. Hessler, Sharad Mansukani, Jeffrey K. Rhodes, Michael A. Sachs and Lisa Skeete Tatum tendered their respective resignations as directors from the board of directors of the company and from all committees of the Board on which such directors served, effective as of the Effective Time. In connection therewith, upon the consummation of the First Merger, David S. Wichmann became the sole director of the company. In addition, in connection with the First Merger and as contemplated by the Merger Agreement, each of Tom W.F. De Weerdt (the company’s Executive Vice President and Chief Financial Officer), Michael A. Rucker (the company’s Executive Vice President and Chief Operations Officer), Joseph T. Clark (the company’s Executive Vice President and Chief Development Officer) and Richard L. Sharff, Jr. (the company’s Executive Vice President, Corporate Secretary and General Counsel) ceased serving as an executive officer of the company, effective as of the effective time. In connection therewith, upon the consummation of the First Merger, the officers of Purchaser, David S. Wichmann (as Chief Executive Officer), John W. Kelly (as Vice President, Tax Services), and Robert W. Oberrender (as Treasurer) became officers of the company.

Surgical Care Affiliates To File Form 25 To Delist The Shares From Nasdaq Global Select Market

On January 7, 2017, Surgical Care Affiliates, Inc. (including its successor in interest, SCA Holdings, LLC, the “Company”) entered into an Agreement and Plan of Reorganization (the “Merger Agreement”) with UnitedHealth Group Incorporated, and UnitedHealth Group’s wholly owned subsidiaries, Spartan Merger Sub 1, Inc., a Delaware corporation (“Purchaser”), and Spartan Merger Sub 2, LLC, a Delaware limited liability company (“Merger Sub”). Pursuant to the Merger Agreement, and upon the terms and subject to the conditions thereof, on February 21, 2017, Purchaser commenced an offer to exchange all of the outstanding shares of common stock, par value $0.01 per share, of the Company. Before market open on the Closing Date, in connection with the consummation of the Offer and the Mergers, the Company notified the Nasdaq Global Select Market (“NASDAQ”) of the consummation of the Mergers and requested that the trading of Shares on NASDAQ be suspended prior to market open on the Closing Date. In addition, the Company requested that NASDAQ file with the SEC a Notification of Removal from Listing and/or Registration on Form 25 to delist the Shares from NASDAQ and deregister the Shares under Section 12(b) of the Securities Exchange Act of 1934, as amended. On the Closing Date, in accordance with the Company’s request, NASDAQ filed the Form 25 with the SEC. The Company intends to file with the SEC a certification and notice of termination on Form 15 requesting that the Company’s reporting obligations under Section 13 and 15(d) of the Exchange Act be suspended.

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