July 25, 2014 4:21 AM ET

Healthcare Providers and Services

Company Overview of LHP Hospital Group, Inc.

Company Overview

LHP Hospital Group, Inc. provides hospital capital and expertise to not-for-profit hospitals and hospital systems by forming joint ventures to own, operate, and manage acute care hospitals. It also provides capital to expand facilities, replace inefficient or outdated hospitals, and add hospitals to existing networks or build new hospitals. The company was formerly known as Legacy Hospital Partners, Inc. and changed its name to LHP Hospital Group, Inc. in September 2009. LHP Hospital Group, Inc. was incorporated in 2007 and is headquartered in Plano, Texas.

2400 Dallas Parkway

Suite 450

Plano, TX 75093

United States

Founded in 2007

Phone:

972-943-1700

Fax:

866-464-2421

Key Executives for LHP Hospital Group, Inc.

Chief Executive Officer and Director
Age: 57
Executive Chairman of The Board - Acquisitions & Development
Age: 62
Chief Financial Officer and Executive Vice President
Division President
Chief Information Officer and Senior Vice President of Business Processes
Age: 56
Compensation as of Fiscal Year 2014.

LHP Hospital Group, Inc. Key Developments

LHP Hospital Group, Inc. Promotes John W. Ehrie to Executive Vice President and Chief Financial Officer

LHP Hospital Group, Inc. announced that John W. Ehrie has been promoted to Executive Vice President and Chief Financial Officer (CFO), effective immediately. He succeeds Mark Miller, who recently resigned from that position. As CFO, Ehrie will oversee LHP's corporate finance functions including financial reporting, treasury, controller activities, internal and external audit, and tax. Ehrie will report to John Holland, LHP's chief executive officer.

LHP Hospital Group, Inc. Appoints Frederick A. Hessler as Board of Director

LHP Hospital Group, Inc. announced that Frederick ('Fred') A. Hessler has been appointed as an independent member of the company's Board of Directors. Mr. Hessler, whose appointment is effective immediately, will serve as a member of the Board's Audit Committee. Mr. Hessler currently serves on the American Hospital Association Operations Committee and chairs its Investment Committee. He also is a Board Member of Surgical Care Affiliates, Inc. He is Past Chair of the Board of Trustees of the Health Research and Education Trust and the Health Insights Foundation. Mr. Hessler was a member of The Center for Healthcare Governance's Blue Ribbon Panel on Trustee Core Competencies and the Healthcare Executives Study Society.

LHP Hospital Group, Inc. Announces Executive Changes

LHP Hospital Group, Inc. announced that it has named John F. Holland as Chief Executive Officer of the company. In addition, the company announced that Dan Moen has been promoted to Executive Chairman of LHP's Board of Directors, while current Board Chairman James D. Shelton will continue serving in the capacity of lead director. In his capacity as LHP's CEO, Mr. Holland will be responsible for oversight of the operations of LHP's healthcare facilities as well as its strategic growth initiatives. Mr. Holland will also join the LHP Board of Directors. Mr. Holland joins LHP from Tenet Healthcare Corporation, where he was most recently Senior Vice President of Hospital Operations. Mr. Moen, who with Mr. Shelton and several other company executives founded LHP in 2008, will focus his efforts on the Company's acquisition and development efforts as well as building relationships with existing and future joint venture partners. These leadership appointments will be effective October 24, 2013.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 10, 2014
General Acute Care Hospital and an Adjacent Land Parcel
 

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