 | This article needs additional citations for verification. (October 2019) |
 | |
| Company type | LLC |
|---|---|
| Industry | Health care |
| Founded | 1998 |
| Headquarters | , |
Number of locations | 18 |
Key people | W. Carl Whitmer (CEO) |
| Revenue |  US$3.3 billion (2017) |
| Owner | TPG Capital |
Number of employees | 13, 700 (2017) [1] |
| Website | http://www.iasishealthcare.com |
IASIS Healthcare, located in Franklin, Tennessee, was the for-profit owner and operator of medium-sized acute care hospitals in high-growth urban and suburban markets. IASIS owns or leases 17 acute care hospital facilities and one behavioral health hospital facility with a total of 3,581 licensed beds and has total annual net revenue of approximately $3.2 billion. These hospital facilities are located in five regions: Salt Lake City, Utah; Phoenix, Arizona; five cities in Texas, including Houston and San Antonio; West Monroe, Louisiana; and Woodland Park, Colorado. IASIS also owns and operates Health Choice Arizona, a Medicaid and Medicare managed health plan in Phoenix that serves more than 197,000 members. IASIS Healthcare, its assets and employees have since merged with Steward Health Care System of Florida, the largest private operator of hospitals in the nation. The deal was estimated to be worth $2 billion.[2]
Company Background
[edit]Founded in 1998, IASIS Healthcare is an owner and operator of community-focused hospitals in high-growth markets. IASIS Healthcare began principal operations in October 1999, in transactions arranged by the management team and Joseph Littlejohn & Levy. In 2004, Texas Pacific Group, a private equity firm managing over $13 billion in assets, led a group of investors to acquire IASIS. In February 2015, it filed for an initial public offering.[3]
IASIS Healthcare Foundation
[edit]The IASIS Healthcare Foundation is a charitable organization that was created in an effort to provide healthcare services, supplies and training to disadvantaged regions around the world. The Foundation's first mission was a trip to the Serengeti Region in the east African nation of Tanzania. Since then, the foundation has provided aid to Haiti after the devastating earthquake as well as the Democratic Republic of the Congo.[citation needed]
Hospitals
[edit]See also
[edit]- Articles about hospitals currently or formerly owned by IASIS Healthcare:
- St. Joseph Medical Center (Houston, Texas)
- Jordan Valley Medical Center West Valley Campus (West Valley City, Utah)
- Salt Lake Regional Medical Center
- North Vista Hospital (North Las Vegas, Nevada)
- List of hospitals in Arizona
- List of hospitals in Colorado
- List of hospitals in Florida
- List of hospitals in Louisiana
- List of hospitals in Nevada
- List of hospitals in Texas
- List of hospitals in Utah
External links
[edit]References
[edit] | This article needs additional citations for verification. (February 2016) |
- ^ "Iasis Healthcare". Forbes.
- ^ "Steward closes $2B acquisition of Iasis' 18 hospitals". Modern Healthcare. 2 October 2017.
- ^ Snyder, Eric; Kennedy, Eleanor (2 Feb 2015). "Iasis files for $100M IPO". Nashville Business Journal. Retrieved 17 March 2015.
