Attached files
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8-K - FORM 8-K - IASIS Healthcare LLC | c06924e8vk.htm |
EX-10.4 - EXHIBIT 10.4 - IASIS Healthcare LLC | c06924exv10w4.htm |
EX-10.2 - EXHIBIT 10.2 - IASIS Healthcare LLC | c06924exv10w2.htm |
EX-10.5 - EXHIBIT 10.5 - IASIS Healthcare LLC | c06924exv10w5.htm |
EX-10.1 - EXHIBIT 10.1 - IASIS Healthcare LLC | c06924exv10w1.htm |
EX-10.3 - EXHIBIT 10.3 - IASIS Healthcare LLC | c06924exv10w3.htm |
Exhibit 99.1
Investor Contact: W. Carl Whitmer President or John M. Doyle Chief Financial Officer (615) 844-2747 |
Media Contact: Michele M. Peden VP, Corporate Communications (615) 467-1255 |
IASIS HEALTHCARE NAMES MAZZUCA CHIEF OPERATING OFFICER
Announces Date for Whitmers Transition to CEO and Completion of Company Succession Plan
FRANKLIN, Tennessee (October 11, 2010) IASIS Healthcare (IASIS) today announced the
appointment, effective immediately, of long-time healthcare executive and former IASIS division
president, Phillip J. Mazzuca, to the role of chief operating officer. Mazzuca brings to the
18-facility company nearly 30 years of hospital and healthcare leadership experience.
We are pleased to welcome Phil back to the IASIS team as our new chief operating officer, said
IASIS Healthcare President W. Carl Whitmer. More than ever, healthcare companies need seasoned
managers to navigate the ever-changing healthcare landscape and challenging economic climate.
Phils extensive experience in hospital operations will be a tremendous resource for the hospital
management teams in each of our communities.
Mazzuca joins IASIS from Brim Holdings, Inc., where he served as president and chief executive
officer for the past two years. IASIS recently purchased Brim Holdings, which operated two
hospitals in Texas and Colorado.
Prior to joining Brim Holdings, Mazzuca served for three years as the executive vice president and
COO of Charlotte, North Carolina-based MedCath Corporation, where he oversaw the companys hospital
operations. Starting in 1999, he spent six years at IASIS, rising to division president for the
Texas and Florida markets. In previous years, he served in operations leadership roles for a
number of hospitals and hospital companies, including CEO of hospitals in several states including
Alabama, California, Illinois and Virginia.
I look forward to rejoining many of my former colleagues and am excited about serving a company
that is in a period of growth and success, said Mazzuca. I will be an active participant in each
of our hospitals communities and intend to provide every facility with sound operational
direction, as well as provide transitional continuity for the two newest IASIS facilities.
As was announced in April, as part of the Companys leadership succession plan, IASIS long-time
COO Sandra McRee will continue on the IASIS Board of Directors in the role of non-executive vice
chair.
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IASIS Healthcare Names Chief Operating Officer
Page 2 of 2
October 11, 2010
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October 11, 2010
The final step in the previously announced succession plan is the transition of the CEO role from
David R. White to current IASIS President Carl Whitmer. Effective November 1, 2010, Whitmer will
assume the title of IASIS Healthcare President and CEO while White will remain as the non-executive
chairman of the IASIS Board of Directors.
Because this change in leadership was so important to all of us, we deliberately took the
necessary time to smoothly complete the transition, said White. I not only am extremely pleased
with the process we have undergone, but also have complete confidence in the new IASIS leadership
team and look forward to being part of the Companys continued success.
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 17 acute care hospital facilities and one behavioral health
hospital facility with a total of 3,081 beds in service and has total annual net revenue of
approximately $2.6 billion. These hospital facilities are located in seven regions: Salt Lake
City, Utah; Phoenix, Arizona; Tampa-St. Petersburg, Florida; four cities in Texas, including San
Antonio; Las Vegas, Nevada; West Monroe, Louisiana; and Woodland Park, Colorado. IASIS also owns
and operates a Medicaid and Medicare managed health plan in Phoenix that serves more than 199,000
members. For more information on IASIS, please visit the Companys Web site at
www.iasishealthcare.com.
-END-