May 24, 2017 6:56 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 Acute Care and Health Choice segments. As of September 30, 2016, the company owned or leased 17 acute care hospital facilities and 1 behavioral health hospital facility with a total of 3,581 licensed beds, various outpatient service facilities, 147 physician clinics, and imaging centers. It operates acute care hospitals in Utah, Arizona, Texas, Louisiana, and Colorado. The company also offers healthcare services to 677,900 members through various health plans, accountable care networks, and managed care solutions, as well as provides management and ad...

Building E

Dover Centre

117 Seaboard Lane

Franklin, TN 37067

United States

Founded in 1998

10,700 Employees

Phone:

615-844-2747

Key Executives for IASIS Healthcare LLC

Chief Executive Officer, President and Director of Iasis Healthcare Corporation
Age: 52
Chief Financial Officer and Chief Financial Officer of IASIS Healthcare Corporation
Age: 56
Chief Operating Officer and Chief Operating Officer of IASIS Healthcare Corporation
Age: 57
Chief Executive Officer of Health Choice Arizona Inc
Age: 40
President of Eastern Division and President of Eastern Division-IASIS Healthcare Corporation
Age: 56
Compensation as of Fiscal Year 2016.

IASIS Healthcare LLC Key Developments

IASIS Healthcare LLC Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended March 31, 2017

IASIS Healthcare LLC announced unaudited consolidated earnings results for the second quarter and six months ended March 31, 2017. For the quarter, the company reported total revenue of $843,046,000 compared to $821,287,000 a year ago. Income from continuing operations before loss on disposal of assets and income taxes was $1,543,000 compared to loss of $15,522,000 a year ago. Income from continuing operations before income taxes was $2,171,000 compared to loss of $15,285,000 a year ago. Net income from continuing operations was $1,274,000 compared to loss of $10,400,000 a year ago. Net earnings were $512,000 compared to loss of $10,233,000 a year ago. Net earnings attributable to the company were $3,213,000 compared to loss of $12,835,000 a year ago. Adjusted EBITDA was $62,094,000 compared to $48,555,000 a year ago. Normalized adjusted EBITDA was $77,817,000 compared to $66,541,000 a year ago. For the six months, the company reported total revenue of $1,682,927,000 compared to $1,624,135,000 a year ago. Income from continuing operations before income on disposal of assets and income taxes was $4,850,000 compared to loss of $19,783,000 a year ago. Income from continuing operations before income taxes was $5,783,000 compared to loss of $19,058,000 a year ago. Net income from continuing operations was $3,511,000 compared to loss of $13,681,000 a year ago. Net earnings were $2,663,000 compared to loss of $17,567,000 a year ago. Net loss attributable to the company was $4,963,000 compared to $22,970,000 a year ago. Adjusted EBITDA was $123,848,000 compared to $105,954,000 a year ago. Normalized adjusted EBITDA was $142,917,000 compared to $129,835,000 a year ago. Net cash provided by operating activities was $50,243,000 compared to $78,689,000 a year ago. Purchases of property and equipment were $44,798,000 compared to $62,050,000 a year ago.

IASIS Healthcare LLC to Report Q2, 2017 Results on May 12, 2017

IASIS Healthcare LLC announced that they will report Q2, 2017 results at 9:00 AM, Eastern Standard Time on May 12, 2017

IASIS Healthcare LLC, Q2 2017 Earnings Call, May 12, 2017

IASIS Healthcare LLC, Q2 2017 Earnings Call, May 12, 2017

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 19, 2017
--
Merger/Acquisition
May 19, 2017
10 Acute Care Hospitals and One Behavioral Health Facility
 

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