Healing is a process, not an event. We understand and respect this, just as the ancient Greeks did. They gave us the Hippocratic Oath, and from them, we took our name.
“IASIS” is an ancient Greek word that means “the process of healing.”
We are a healthcare services organization delivering high-quality, cost-effective healthcare through a broad and differentiated set of capabilities and assets, including acute care hospitals with related patient access points and a diversified and growing managed care risk platform.
Our company is comprised of our acute care operations, which include 16 acute care hospitals, one behavioral hospital and multiple other access points, including 132 physician clinics, multiple outpatient surgical units, imaging centers, and investments in urgent care centers and on-site employer-based clinics, that serve more than a combined 1.1 million patients annually, and our diversified and growing managed care risk platform, Health Choice and its affiliated entities.
Our business model is centered on deploying our acute care expertise and managed care risk platform, either separately or on an integrated basis, in urban and suburban markets to manage population health, integrate the delivery and payment of healthcare services and ultimately expand our total market opportunities within our existing and new geographic markets.
Founded in 1998, privately held IASIS Healthcare is a leading owner and operator of community-focused hospitals in high-growth markets. IASIS Healthcare began principal operations in October of 1999, in transactions arranged by the management team and Joseph Littlejohn & Levy. In 2004, Texas Pacific Group, a private equity firm managing more than $48 billion in assets, led a group of investors to acquire IASIS. Today, TPG is the single largest stockholder in IASIS.