September 16, 2014 5:53 PM ET

Healthcare Providers and Services

Company Overview of Capella Healthcare, Inc.

Company Overview

Capella Healthcare, Inc., through its subsidiaries, provides general and specialized acute care, outpatient, and other medically necessary services in the United States. Its hospitals offer various general acute care services, including, internal medicine, general surgery, cardiology, oncology, orthopedics, neurology, diagnostic, and emergency services, as well as women’s services. The company’s hospitals also provide tertiary services, such as open-heart surgery; and outpatient and ancillary healthcare services comprising outpatient surgery, laboratory, home health, radiology, respiratory therapy, and physical therapy, as well as operate psychiatric, skilled nursing, and rehabilitation beds...

501 Corporate Centre Drive

Suite 200

Franklin, TN 37067

United States

Founded in 2005

4,220 Employees

Phone:

615-764-3000

Fax:

615-764-3030

Key Executives for Capella Healthcare, Inc.

Chief Executive Officer
Age: 49
Co-Founder and Executive Chairman
Age: 56
Co-Founder and Executive Vice President of Acquisitions & Development
Age: 54
Co-Founder
Age: 65
Chief Financial Officer
Age: 52
Compensation as of Fiscal Year 2014.

Capella Healthcare, Inc. Key Developments

Capella Healthcare Names Richard W. Brasher as Vice President of Risk Management

Capella Healthcare has announced the appointment of Richard W. Brasher, CPCU, ARM, as Vice President of Risk Management. Prior to joining Capella, Brasher was Vice President of Risk Management for Vanguard Health Systems for six years. Before that, as a Vice President with Marsh, he was the outsourced Risk Manager for Vanguard for nine years. In that role, he helped to build the company’s risk and insurance management infrastructure from the ground up. He previously held positions with Consolidated Catholic Casualty Risk Retention Group, HCA, and Liberty Mutual Insurance Company.

Capella Healthcare Announces the Appointment of Troy E. Sybert as Executive Vice President and Chief Medical Officer

Capella Healthcare has announced the appointment of Troy E. Sybert, MD, MPH, as Executive Vice President and Chief Medical Officer, effective September 1. Sybert came from Wellmont Health System in Kingsport, where he served as Chief Quality and Medical Information Officer since 2010. As CMO, Sybert assumes senior leadership responsibility for Capella’s affiliated hospitals’ quality and service excellence initiatives. He will also facilitate the work of Capella’s National Physician Leadership Group, ensuring that physician leaders from across the company are continuously involved in shaping the company’s vision and future strategies.

Capella Healthcare, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Capella Healthcare, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, revenues were $179.7 million against $192.1 million a year ago. Loss from continuing operations before income taxes was $4.2 million against $4.1 million a year ago. Loss from continuing operations was $5.5 million against $4.9 million a year ago. Net loss attributable to the company was $6.5 million against $5.4 million a year ago. Adjusted EBITDA was $22.3 million compared to $26.9 million in the prior year quarter. Adjusted revenue was $181.8 million compared to $176.1 million a year ago. Pro forma Adjusted EBITDA was $23.8 million compared to $25.9 million a year ago. For the six months, revenues were $360.2 million against $374.7 million a year ago. Loss from continuing operations before income taxes was $7.2 million against income of $10.1 million a year ago. Loss from continuing operations was $9.6 million against income of $11.8 million a year ago. Net loss attributable to the company was $12.1 million against $14.4 million a year ago. Net cash provided by operating activities was $6.0 million against $8.8 million last year. Purchases of property and equipment, net were $15.4 million against $10.2 million last year. Adjusted EBITDA was $44.1 million compared to $46.2 million a year ago.

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