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Home > Company Index > Health Products & Services > Hospitals > Iasis Healthcare Corporation

Iasis Healthcare Corporation
 NEWS FROM THE STANDARD
IPO Weekly: A Loudcloud on the Horizon
Mar 02 2001 02:25 PM PST

 PROFILE
If you're sick in the suburbs, IASIS Healthcare provides a medical oasis. Formed largely from castoffs of hospital operators Tenet Healthcare and Paracelsus Healthcare (now Clarent Hospital Corporation) and a series of management buyouts in 1999, the company owns or leases 15 hospitals in Salt Lake City; Phoenix; the St. Petersburg, Florida area; and four Texas cities, including San Antonio. Its operations in Arizona include outpatient surgical centers and Health Choice, a Medicaid-managed health plan that serves some 43,000 individuals. IASIS focuses on building networks of midsized hospitals in growing urban and suburban regions. Private equity firm Joseph Littlejohn & Levy owns more than 85% of the company.

 COMPETITION
HCA, Inc. (HCA)
Tenet Healthcare Corporation (THC)
Triad Hospitals, Inc. (TRI)

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 815.20
1-Yr. Sales Growth: 493.3%
Employees: 8,100
Revenue per employee: $100,641.98

 KEY PEOPLE
• David R. White
    CEO
• John K. Crawford
    CFO

 CONTACT INFO
113 Seaboard Ln., Ste. A-200
Franklin, TN 37067
US
Phone: 615-844-2747
Fax: 615-846-3006
Online: Web Site

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