BNET Industries
Last Fiscal Year Sales:$1.5B
- Private
- US
Dow Jones Description
IASIS, located in Franklin, Tennessee, is a leading owner and operator of medium-sized acute care hospitals in high-growth urban and suburban markets. The Company operates its hospitals with a strong community focus by offering and developing healthcare services targeted to the needs of the markets it serves, promoting strong relationships with physicians and working with local managed care plans. IASIS owns or leases 15 acute care hospitals and one behavioral health hospital with a total of 2,448 beds in service and has total annual net revenue of approximately $1.7 billion. These hospitals are located in six regions: Salt Lake City, Utah; Phoenix, Arizona; Tampa-St. Petersburg, Florida; three cities in Texas, including San Antonio; Las Vegas, Nevada; and West Monroe, Louisiana. IASIS is currently constructing Mountain Vista Medical Center, a new 171-bed hospital located in Mesa, Arizona. IASIS also owns and operates a Medicaid and Medicare managed health plan in Phoenix that serves over 115,600 members.
Chairman & CEO
David R. WhiteNumber of Employees 8,800
Contact Information
117 Seaboard Lane, Building E
Franklin, Tennessee 37067
615-844-2747
Peer Companies
NAICS Code General Medical and Surgical Hospitals: 622110
Recent Events
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Iasis Healthcare Chooses Medicity to Support Affiliated Physicians' Clinical Data Needs
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IASIS Healthcare Deploys Sentillion's Single Sign-on Solution to Simplify Access to Its Clinical Systems
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IASIS Healthcare Announces Third Quarter 2009 Results
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IASIS Healthcare and Precyse Solutions Sign Two-Year Consulting Agreement
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IASIS Healthcare Announces Second Quarter 2009 Results
News & Analysis
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iasis healthcare - All News and Analysis
Health Choice Arizona, Inc. Awarded New Contract
- 2008-05-14
IASIS Affiliate Continues State Wide Presence FRANKLIN, Tenn. -- IASIS Healthcare[R] LLC ("IASIS") announced today that Health Choice Arizona, Inc. ("Health Choice"), IASIS' prepaid Medicaid and Medicare managed health plan in Phoenix, Arizona, has been awarded a new contract from the Arizona Health Care Cost Containment System ("AHCCCS"), the...
IASIS Healthcare Announces Second Quarter 2008 Results
- 2008-05-06
FRANKLIN, Tenn. -- IASIS Healthcare[R] LLC ("IASIS") today announced financial and operating results for the fiscal second quarter and six months ended March 31, 2008. Net revenue for the second quarter totaled $542.9 million, an increase of 14.9%, compared with $472.7 million in the prior year quarter. Adjusted EBITDA...
IASIS Healthcare to Broadcast Its Fiscal Second Quarter 2008 Conference Call Live on the Internet
- 2008-04-30
FRANKLIN, Tenn. -- IASIS Healthcare[R] LLC today announced that it will provide an online Web simulcast of its fiscal second quarter 2008 conference call on Tuesday, May 6, 2008. The Company will release its results for the fiscal second quarter and six months ended March 31, 2008, before the opening...
IPC The Hospitalist Company Signs Five New Hospitalist Contracts with IASIS Healthcare
- 2008-04-29
Broadens Established Presence in Three States NORTH HOLLYWOOD, Calif. -- IPC The Hospitalist Company (Nasdaq:IPCM), a leading physician group practice company, announced today that it has entered into agreements to provide comprehensive hospitalist services to five IASIS Healthcare hospitals in Arizona, Nevada and Texas. The new contracts broaden IPC's...
IASIS Healthcare Announces Three Year Old Qui Tam Action Has Been Dismissed
- 2008-04-01
FRANKLIN, Tenn. -- IASIS Healthcare[R] LLC announced today that the United States District Court for the District of Arizona has dismissed with prejudice Relator Jerre Frazier's qui tam Complaint against IASIS. The case dates back three years to March 2005 and became the subject of a subpoena by the Office...
IASIS Healthcare Announces Termination of Facility Lease Agreements
- 2008-03-25
FRANKLIN, Tenn. -- IASIS Healthcare[R] LLC today announced that the lease agreements to operate Mesa General Hospital ("Mesa General"), located in Mesa, Arizona, and Biltmore Surgery Center ("Biltmore"), located in Phoenix, Arizona, will terminate upon expiration of their current terms. The Mesa General and Biltmore leases expire on July 31,...
IASIS Healthcare Announces First Quarter 2008 Results
- 2008-01-30
FRANKLIN, Tenn. -- IASIS Healthcare[R] LLC ("IASIS") today announced financial and operating results for the fiscal first quarter ended December 31, 2007. Consolidated results for the first quarter ended December 31, 2007, include the operations of Mountain Vista Medical Center, the Company's new hospital in Mesa, Arizona, which opened on...
IASIS Healthcare to Broadcast Its Fiscal First Quarter 2008 Conference Call Live on the Internet
- 2008-01-23
FRANKLIN, Tenn. -- IASIS Healthcare[R] LLC today announced that it will provide an online Web simulcast of its fiscal first quarter 2008 conference call on Wednesday, January 30, 2008. The Company will release its results for the fiscal first quarter ended December 31, 2007, before the opening of the market...
IASIS Healthcare picks Utah market president
- 2007-07-09
Officials for IASIS Healthcare have named Kirk Olsen as the market president for Utah. Olsen will assume responsibilities for the Utah market on Aug. 1. Olsen has been a health care executive in Utah most of his career. He comes to IASIS from Molina Healthcare where he served...
IASIS Healthcare to Broadcast Its Fourth Quarter and Year-End 2006 Conference Call Live on the Internet
- 2006-11-10
FRANKLIN, Tenn. -- IASIS Healthcare[R] LLC ("IASIS") today announced that it will provide an online Web simulcast of its fiscal fourth quarter and year-end conference call on Friday, November 17, 2006. The Company will release its results for the fiscal fourth quarter and year ended September 30, 2006, before the...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Sandra K. McRee | President & COO |
| W. Carl Whitmer | CFO |
| John M. Doyle | Vice President & Treasurer |
| Peter Stanos | Vice President |
| Thomas Gillespie | Controller |
| Frank A. Coyle | General Counsel & Secretary |
| Robert J. Ladecky | Coordinator, Cash Management |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David R. White | Chairman & CEO |
| Curtis Lane | Board of Directors |
| Jeffrey C. Lightcap | Board of Directors |
| Jonathan J. Coslet | Board of Directors |
| Kirk E. Gorman | Board of Directors |
| Paul S. Levy | Board of Directors |
| Sharad Mansukani | Board of Directors |
| Todd B. Sisitsky | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | Chairman & CEO | Current |
| IASIS Healthcare | Chairman & CEO | Current |
| Lifetrust America, Inc. | CEO | Former |
| Community Health Systems, Inc. | Chief Operating Officer | Former |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | President & COO | Current |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | CFO | Current |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | Vice President & Treasurer | Current |
| Ernst & Young | senior manager | Former |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | General Counsel & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | Coordinator, Cash Management | Current |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sensormedics Corporation | Current | |
| Care Investment Trust, Inc. | Chairman | Current |
| Viasys Healthcare Inc. | Board of Directors | Current |
| IASIS Healthcare | Board of Directors | Current |
| Universal Health Realty Income Trust | President | Former |
| Tuck School of Business at Dartmouth | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| IASIS Healthcare | Board of Directors | Current |
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