Healthcare Providers and Services
Company Overview of Capella Healthcare, Inc.
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
Franklin, TN 37067
Founded in 2005
Key Executives for Capella Healthcare, Inc.
Co-Founder and Executive Chairman
Co-Founder and Executive Vice President of Acquisitions & Development
Compensation as of Fiscal Year 2014.
Capella Healthcare, Inc. Key Developments
Capella Healthcare Names Richard W. Brasher as Vice President of Risk Management
Sep 3 14
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
Sep 2 14
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
Aug 6 14
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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