| Business Summary | | Province
Healthcare
Company
owns
and
operates
acute
care
hospitals
located
in
non-urban
markets
in
nine
states.
As
of
year-end
2000,
the
Company
owned
or
leased
14
general
acute
care
hospitals
with
a
total
of
1,358
licensed
beds.
The
Company
offers
a
wide
range
of
inpatient
and
outpatient
medical
services,
as
well
as
specialty
services,
including
rehabilitation
and
home
healthcare.
The
Company
targets
hospitals
for
acquisition
that
are
the
sole
or
a
principal
provider
of
healthcare
in
the
non-urban
communities
that
they
serve.
Following
the
acquisition
of
a
hospital,
the
Company
implements
a
number
of
systematic
policies
and
procedures
designed
to
improve
the
hospital's
operating
and
financial
performance.
These
strategies
include
improving
hospital
operations,
expanding
the
breadth
of
services
and
recruiting
physicians
to
increase
market
share.
The
Company
also
provides
management
services
in
16
states
to
40
primarily
non-urban
hospitals
with
a
total
of
3,166
licensed
beds. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Province
Healthcare
acquires
and
operates
hospitals
in
non-urban
markets
in
the
US.
PRHC
operates
14
general
acute
care
hospitals
total
of
1,358
beds,
and
manages
40
hospitals
in
16
states
with
a
total
of
3,166
licensed
beds.
For
the
six
months
ended
6/30/01,
revenues
rose
8%
to
$246
million.
Net
income
increased
51%
to
$16.2
million.
Results
benefited
from
the
acquisition
of
Bolivar
Medical
Center,
same-store
admission
growth
and
a
reduction
in
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Martin Rash, 46 Chairman,
CEO | $630K | -- | John Rutledge, 43 Pres,
COO | 388K | $1.4M | Howard Wall, III, 42 Sr.
VP, Gen. Counsel, Sec. | 281K | 1.1M | James Thomas Anderson, 47 Sr.
VP- Acquisitions and Devel. | 376K | 1.5M | Brenda Rector, 53 CAO,
Controller, VP | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|