October 25, 2014 6:21 PM ET

Healthcare Providers and Services

Company Overview of IASIS Healthcare LLC

Company Overview

IASIS Healthcare LLC owns and operates acute care hospitals in urban and suburban markets. The company operates through two segments, Acute Care and Health Choice. Its general acute care hospital facilities offer various medical and surgical services, including emergency services, general surgery, internal medicine, cardiology, obstetrics, orthopedics, psychiatry, and physical rehabilitation. The company’s facilities also provide outpatient and ancillary services comprising outpatient surgery, physical therapy, radiation therapy, diagnostic imaging, and respiratory therapy. It owns and leases 16 acute care hospital facilities and 1 behavioral health hospital facility with a total of 3,803 li...

117 Seaboard Lane

Building E

Dover Centre

Franklin, TN 37067

United States

Founded in 1998

9,906 Employees

Phone:

615-844-2747

Fax:

615-846-3006

Key Executives for IASIS Healthcare LLC

Chief Executive Officer
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 Enters into an Amendment to Credit Agreement

IASIS Healthcare LLC entered into an amendment to its amended and restated credit agreement dated as of May 3, 2011, as amended by Amendment No. 1 on February 20, 2013, among the company, IASIS Healthcare Corporation, Bank of America, N.A., as administrative agent, collateral agent, L/C issuer and swing line lender and the lenders party thereto. Amendment No. 2, among other things, provides for an additional 365 days for the company to reinvest the proceeds from certain asset sales.

IASIS Healthcare LLC Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2014; Revises CapEx Guidance for 2014

IASIS Healthcare LLC reported unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2014. For the quarter, the company’s net revenue was $673,162,000 compared to $599,127,000 a year ago. Earnings from continuing operations before gain on disposal of assets and income taxes were $4,522,000 compared to $8,995,000 a year ago. Earnings from continuing operations before income taxes were $4,854,000 compared to $9,476,000 a year ago. Net loss from continuing operations were $1,477,000 compared to net earnings from continuing operations of $5,626,000 a year ago. Net loss was $4,324,000 compared to net income of $5,095,000 a year ago. Net loss attributable to the company was $6,777,000 compared to net earnings attributable to the company of $3,154,000 a year ago. Adjusted EBIDTA was $65,933,000 compared to $68,455,000 a year ago. Cash flows from continuing operations the quarter were $22.5 million compared to cash flows used in continuing operations of $14.6 million last year. For the nine months, the company’s net revenue was $1,935,843,000 compared to $1,791,881,000 a year ago. Earnings from continuing operations before gain on disposal of assets and income taxes were $8,526,000 compared to $16,559,000 a year ago. Earnings from continuing operations before income taxes were $9,626,000 compared to $17,208,000 a year ago. Net loss from continuing operations were $572,000 compared to net earnings from continuing operations of $9,192,000 a year ago. Net earnings were $1,249,000 compared to $10,041,000 a year ago. Net loss attributable to the company was $7,608,000 compared to net earnings attributable to the company of $6,852,000 a year ago. Net cash used in operating activities was $12,911,000 compared to net cash provided by operating activities $12,911,000 a year ago. Purchases of property and equipment were $81,402,000 compared to $79,369,000 a year ago. Adjusted EBIDTA was $191,425,000 compared to $195,848,000 a year ago. The company is revising CapEx guidance for the year 2014 to be in the range of $115 million to $125 million.

IASIS Healthcare LLC to Report Q3, 2014 Results on Aug 12, 2014

IASIS Healthcare LLC announced that they will report Q3, 2014 results at 9:00 AM, Eastern Standard Time on Aug 12, 2014

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