BNET Industries

Last Fiscal Year Sales:$2.7B
- Private
- US
Dow Jones Description
For a company on the Vanguard of healthcare, look here. Founded in 1997 and headquartered in Nashville, TN, Vanguard Health Systems, Inc. buys health facilities in urban areas and converts them to investor-owned. The company recognizes that healthcare is local, and works to develop and expand local community traditions. In addition to hospitals, it operates a prepaid Medicaid managed health plan that serves almost 70,000 Arizonans. The company has revenues of about $1.8 billion and employs about 14,300 workers. It is owned by Blackstone Group.
President
Kent H. WallaceNumber of Employees 18,500
Contact Information
20 Burton Hills Blvd Ste 100
Nashville, Tennessee 37215
(615) 665-6000
Peer Companies
NAICS Code General Medical and Surgical Hospitals: 622110
Recent Events
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Vanguard plans to buy hospitals
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Resurrection Health Care sells 2 hospitals
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HealthStream Partners with OnFocus Healthcare to Power an
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Vanguard Reports First Quarter Results
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Vanguard Health Systems, Inc. Invites You to Join Its 2010 First Quarter Earnings Conference Call...
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Vanguard Reports Fourth Quarter and Year-End Results
News & Analysis
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company and vanguard health systems inc. - All News and Analysis
Vanguard Reports Second Quarter Results
Vanguard Health Systems, Inc. ("Vanguard") today announced results for the second quarter ended December 31, 2006. Total revenues for the quarter ended December 31, 2006 were $652.9 million, an increase of $55.0 million or 9.2% from the prior year quarter. Patient service revenues and health plan premium revenues...
Vanguard Health Systems, Inc. Invites You to Join Its Second Quarter 2007 Earnings Conference Call Webcast
In conjunction with Vanguard Health Systems, Inc.'s Second Quarter 2007 earnings press release, you are invited to listen to its conference call that will be broadcast live over the Internet on February 13, 2007 at 11:00 a.m. Eastern time with senior management of Vanguard discussing the operating results. WHAT:...
Vanguard Health Systems, Inc. Invites You to Join Its Third Quarter 2006 Earnings Conference Call Webcast
In conjunction with Vanguard Health Systems, Inc.'s Third Quarter 2006 earnings press release, you are invited to listen to its conference call that will be broadcast live over the Internet on May 12, 2006 at 11:00 am Eastern time with senior management of Vanguard discussing the operating results. WHAT:...
Vanguard Health Systems, Inc. Invites You to Join Its 2005 Second Quarter Earnings Conference Call Webcast
In conjunction with Vanguard Health Systems, Inc.'s Second Quarter 2005 earnings press release, you are invited to listen to its conference call that will be broadcast live over the Internet on February 10, 2005, at 11:00 am Eastern time with senior management of Vanguard discussing the operating results. WHAT:...
Vanguard Health Systems, Inc. Invites You to Join Its 2005 First Quarter Earnings Conference Call Webcast
In conjunction with Vanguard Health Systems, Inc.'s First Quarter 2005 earnings press release, you are invited to listen to its conference call that will be broadcast live over the Internet on November 11, 2004 at 11:00am Eastern time with senior management of Vanguard discussing the operating results. WHAT: ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Kent H. Wallace | President |
| Alan N. Cranford | Chief Information Officer |
| Deanna L. Wise | CIO & Senior Vice President |
| Gary D. Willis | Chief Accounting Officer, Controller & Senior Vice President |
| James Bonnette | Chief Medical Officer |
| Joseph D. Moore | Chief Financial Officer |
| Phillip W. Roe | CFO, Treasurer & Executive Vice President |
| Ronald P. Soltman | General Counsel, Secretary & Executive Vice President |
| Alan G. Thomas | Senior Vice President, Operations Finance |
| Bruce F. Chafin | Senior Vice President |
| Dan F. Ausman | Senior Vice President, Operations |
| Harold H. Pilgrim III | Senior Vice President, Operations |
| J. Michael Cowling | Senior Vice President, Operations |
| James H. Spalding | Senior Vice President |
| Joseph J. Mullany | Senior Vice President, Operations |
| Karen Flinn | Senior Vice President |
| Reginald M. Ballantyne III | Senior Vice President, Govt Affairs |
| Thomas M. Ways | Senior Vice President |
| Aaron Broad | Director, IR |
| Suzanne Towry | Director, Marketing |
| Keith B. Pitts | Consultant |
| Benjamin J. Jenkins | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Alan M. Muney | Board of Directors |
| James A. Quella | Board of Directors |
| M. Fazle Husain | Board of Directors |
| Michael A. Dal Bello | Board of Directors |
| Michael J. Parsons | Board of Directors |
| Neil Simpkins | Board of Directors |
Kent has over twenty five years of healthcare operations experience. He served as Market President for Vanguard's South Texas region for three years. Prior to Vanguard he was Group President for Province Healthcare, Columbia/HCA and HealthTrust.
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | President | Current |
| HCA Inc. | Group President | Former |
| HealthTrust, Inc. | Group President | Former |
| Vanguard Health Systems, Inc. | Chief Operating Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Chief Information Officer | Current |
| Vanguard Health Systems, Inc. | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | CIO & Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Chief Accounting Officer, Controller & Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Chief Medical Officer | Current |
| Coactive Systems | Chief Medical Officer | Former |
| Vanguard Health Systems, Inc. | Senior Vice President | Former |
| Coactive Systems | Vice President | Former |
Joseph D. Moore, Executive Vice President, Chief Financial Officer and Director. Joe's experience in the hospital industry has spanned the breadth of management responsibilities - from financial functions to development and acquisitions. He was formerly Senior Vice President - Development at Columbia/HCA. He has more than 25 years of experience with Hospital Corporation of America, including 11 years in hospital operations and most recently as Senior Vice President - Finance and Development.
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Chief Financial Officer | Current |
| Vanguard Health Systems, Inc. | Executive Vice President | Current |
| Vanguard Health Systems, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | CFO, Treasurer & Executive Vice President | Current |
| Vanguard Health Systems, Inc. | Senior Vice President | Former |
| Vanguard Health Systems, Inc. | Controller | Former |
| Vanguard Health Systems, Inc. | Board of Directors | Former |
Ron has extensive experience in health care law and sophisticated health care transactions. He was most recently Senior Vice President and General Counsel of OrNda HealthCorp. Prior to that, he was Vice President and Assistant General Counsel for Hospital Corporation of America, and Assistant General Counsel with Hospital Affiliates International.
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | General Counsel, Secretary & Executive Vice President | Current |
| Vanguard Health Systems, Inc. | Director | Current |
| Vanguard Health Systems, Inc. | General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Senior Vice President, Operations Finance | Current |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Senior Vice President, Operations | Current |
| Irvine Regional Hospital & Medical Center | Chief Executive Officer | Former |
| Irvine Regional Hospital & Medical Center | President | Former |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Senior Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Senior Vice President, Operations | Current |
| MedCath Corporation | Regional Vice President Operations | Former |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Senior Vice President | Current |
| Vanguard Health Systems, Inc. | Assistant General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Senior Vice President, Operations | Current |
| Essent Healthcare, Inc. | Regional Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Senior Vice President, Govt Affairs | Current |
| Vanguard Health Systems, Inc. | Senior Corporate Officer | Current |
| Vanguard, Inc. | Current | |
| Superior Consultant Holdings Corporation | Director | Current |
| Arizona Chamber of Commerce | Vice Chair of Finance, Vanguard Health Systems, Senior Corporate Officer, Read Bio | Current |
| American Hospital Association | Chairman | Former |
| Joint Commission on Accreditation of Healthcare Organizations | Board of Directors | Former |
| College of the Holy Cross | Bachelor of Science Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Senior Vice President | Current |
| Mso, Inc. | Chief Executive Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Director, IR | Current |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Director, Marketing | Current |
Prior to joining Vanguard, Keith was the Chairman and CEO of Mariner Post-Acute Network and its predecessor, Paragon Health Network. His career includes serving as OrNda HealthCorp's Executive Vice President and Chief Financial Officer as well as over 15 years as a consultant to health care organizations, most recently as a Partner in Ernst & Young's Healthcare Consulting practice.
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Consultant | Current |
| Vanguard Health Systems, Inc. | Vice Chairman | Current |
| The Federation of American Hospitals | Chairman | Former |
| Vanguard Health Systems, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| The Blackstone Group L.P. | Principal | Current |
| Nutri-Nova | Current | |
| Celvol | Current | |
| Vanguard Health Systems, Inc. | Director | Current |
| Global Tower Partners | Director | Current |
| Celanese Corporation | Director | Current |
| Celanese AG | Supervisory Board Member | Current |
| Morgan Stanley | Mergers & Acquisitions Department | Former |
| Film Technologies International Incorporated | Investor | Former |
| Saunders, Karp & Megrue | Associate | Former |
| Global Tower Partners | Investor | Former |
| Vanguard Health Systems, Inc. | Investor | Former |
| Harvard Business School | Master's degree in Business Administration | Former |
| Stanford University | Bachelor of Arts degree in Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Graham Packaging Holdings Company | Vice President | Current |
| The Blackstone Group L.P. | Senior Managing Director | Current |
| Celvol | Current | |
| Nutri-Nova | Current | |
| EdgeStone Capital Partners Inc. | Current | |
| Houghton Mifflin Company | Director | Current |
| SRDS, Inc. | Board of Directors | Current |
| Intelenet Global Services, Ltd. | Board of Directors | Current |
| Aaron Brothers, Inc. | Board of Directors | Current |
| Spectra Marketing Systems, Inc. | Board of Directors | Current |
| Intelenet Communications, Inc. | Board of Directors | Current |
| PERQ/HCI L.L.C. | Board of Directors | Current |
| Minneapolis Oktoberfest | Director | Current |
| Vanguard Health Systems, Inc. | Board of Directors | Current |
| Graham Packaging Company, L.P. | Board of Directors | Current |
| Nielsen Co | Board of Directors | Current |
| Fennemore Craig Law Firm | Director | Current |
| The Nielsen Group | Board of Directors | Current |
| Celanese Corporation | Board of Directors | Current |
| Michaels Stores, Inc. | Board of Directors | Current |
| Allied Waste | Board of Directors | Current |
| West Baton Rouge Chamber of Commerce | Director | Current |
| Graham Packaging Holdings Company | Advisory Committee Member | Current |
| Mercer Management Consulting, Inc. | Senior Consultant to CEOs | Former |
| Strategic Planning Associates | CEO | Former |
| DLJ Merchant Banking Partners | Managing Director | Former |
| Donaldson, Lufkin & Jenrette | Managing Director | Former |
| The Blackstone Group L.P. | Senior Operating Partner | Former |
| Donaldson, Lufkin & Jenrette | Senior Operating Partner | Former |
| Blackstone Group | Senior Operating Partner | Former |
| DLJ Merchant Banking Partners | Senior Operating Partner | Former |
| Strategic Planning Associates | Senior Management | Former |
| Mercer Management Consulting, Inc. | NA | Former |
| Graham Packaging Holdings Company | Assistant Treasurer | Former |
| Strategic-LP | Former | |
| Mercer Management Consulting, Inc. | Vice Chairman | Former |
| Strategic Planning Associates | Vice Chairman | Former |
| Bmg Columbia House | Board of Directors | Former |
| University of Chicago | M.B.A. | Former |
| University of Chicago Graduate School of Business | M.B.A. | Former |
| University of Chicago | B.A. In International Studies | Former |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vanguard Health Systems, Inc. | Board of Directors | Current |
| Bain Capital, LLC | Principal | Former |
| Bain & Company | Consultant | Former |
| Harvard Business School | MBA | Former |
| University of Oxford | Graduate | Former |
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