July 30, 2014 3:22 AM ET

Healthcare Providers and Services

Company Overview of United Surgical Partners International Inc.

Company Overview

United Surgical Partners International, Inc., together with its subsidiaries, owns and operates short stay surgical facilities. Its short stay surgical facilities include surgery centers and hospitals. The company offers services in the orthopedic, pain management, gynecology, general surgery, gastrointestinal, cosmetic surgery, and ophthalmology, as well as in ear, nose, throat, and other areas. As of December 31, 2013, it operated 214 short-stay surgical facilities in the United States. The company was founded in 1998 and is headquartered in Addison, Texas. United Surgical Partners International, Inc. operates as a subsidiary of USPI Group Holdings, Inc.

15305 Dallas Parkway

Suite 1600

Addison, TX 75001

United States

Founded in 1998

6,700 Employees

Phone:

972-713-3500

Key Executives for United Surgical Partners International Inc.

Chief Executive Officer
Age: 62
President and Chief Development Officer
Age: 49
Founder
Age: 67
Chief Financial Officer and Senior Vice President
Age: 41
Chief Operating Officer and Executive Vice President
Age: 57
Compensation as of Fiscal Year 2014.

United Surgical Partners International Inc. Key Developments

United Surgical Partners International Inc. Announces Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2014; Expects to Add Five to 10 Additional Facilities in the Remainder of 2014

United Surgical Partners International Inc. announced unaudited consolidated financial results for the first quarter ended March 31, 2014. For the quarter ended March 31, 2014, consolidated net revenues were essentially flat at $145.3 million compared with $145.1 million in the prior year period, driven by a decline in same-store cases of 3.1%. Operating income for the first quarter decreased 18% to $47.6 million, as compared with $58.2 million for the prior year period. Cash flows from operating activities for the first quarter of 2014 totaled $61.0 million compared with $38.6 million in the prior year period, driven by timing of distributions from joint ventures with health system partners and a decrease in tax payments in the quarter. During the first quarter of 2014, the company and its consolidated subsidiaries invested $2.0 million in maintenance capital expenditures and an additional $0.9 million to invest in the infrastructure of existing facilities. Income from continuing operations before income taxes was $24,475,000 against $29,683,000 for the same period of last year. Income from continuing operations was $20,974,000 against $24,826,000 for the same period of last year. Net income attributable to USPI's common stockholder was $5,230,000 against $7,586,000 for the same period of last year. EBITDA was $55,073,000 against $65,045,000 for the same period of last year. During the quarter, the Company acquired two facilities and closed one facility. Subsequent to the end of the quarter, the Company acquired another facility. The company expects to add five to 10 additional facilities in the remainder of 2014.

United Surgical Partners International Inc. Presents at Barclays High Yield Bond & Syndicated Loan Conference, May-14-2014 10:50 AM

United Surgical Partners International Inc. Presents at Barclays High Yield Bond & Syndicated Loan Conference, May-14-2014 10:50 AM. Venue: Arizona Biltmore, Phoenix, Arizona, United States. Speakers: Jason B. Cagle, Chief Financial Officer and Senior Vice President.

United Surgical Partners International Inc. to Report Q1, 2014 Results on May 07, 2014

United Surgical Partners International Inc. announced that they will report Q1, 2014 results on May 07, 2014

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Merger/Acquisition
July 16, 2014
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Merger/Acquisition
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