FRANKLIN, Tennessee (June 5, 2015) — IASIS Healthcare® LLC (“IASIS” or the “Company”) today announced that Mountain Point Medical Center, a new, full-service hospital, opened its doors and began caring for patients in and around Lehi, Utah, this week.
Mountain Point is a 124,000-square-foot hospital designed to provide comprehensive healthcare services for residents of the rapidly growing northern Utah County area. The new hospital is located at 3000 North Triumph Boulevard, Lehi, UT 84043.
“We have been preparing for this day for over two years and are thrilled that we can now provide high-quality healthcare to this growing community,” said Carl Whitmer, President and CEO of IASIS Healthcare. “We are proud of the skilled and experienced staff at Mountain Point that is committed to providing excellent care and service, and we look forward to serving patients in this community for many years to come. IASIS remains focused, along with our medical staffs, on continuing to improve access to high-quality, cost-effective healthcare for employers and residents of Utah.”
Mountain Point is equipped with state-of-the-art medical equipment and advanced technology and offers a 24-hour, full-service emergency department, intensive care unit, full-service laboratory, labor and delivery suites, level II nursery, diagnostic imaging services, cardiac catheterization laboratory, general medical and surgical inpatient services, and a number of medical specialties. A 60,000-square-foot integrated medical office building is occupied by primary care and multi-specialty physician groups practicing in the area.
“The opening of Mountain Point Medical Center is exciting for our team and the Utah County community,” said Edward Lamb, FACHE, Western Division President of IASIS Healthcare. “Mountain Point Medical Center strives to provide seamless access to high-quality healthcare, which means extending services and medical expertise throughout northern Utah County.”
The more than $80-million facility has been designed to serve the growing transition to outpatient-related services and has been constructed with the capability to expand depending on community need and demand for services in the northern Utah County area.
Mountain Point has opened with nearly 250 employees. In excess of 220 physicians and other medical providers, representing a wide range of medical specialties, serve on the hospital’s medical staff.
Mountain Point Medical Center is one of five IASIS Healthcare facilities in Utah. IASIS also operates Health Choice Utah, a managed health plan providing Medicaid services to residents in Davis, Salt Lake, Utah and Weber counties. Mountain Point Medical Center will be included in IASIS’ Health Choice Utah Preferred Network, a Salt Lake City-area healthcare provider network that collaborates with third party insurers to create high-quality, cost-effective managed care solutions. For more information about Mountain Point Medical Center, please visit www.mountainpointmedicalcenter.com.
About IASIS Healthcare
IASIS Healthcare is a healthcare services company that seeks to deliver high-quality, cost-effective healthcare through a broad and differentiated set of capabilities and assets that include acute care hospitals with related patient access points and a diversified managed care risk platform. With total annual revenue of approximately $2.6 billion, IASIS, headquartered in Franklin, Tennessee, owns and operates 16 acute care hospitals, one behavioral hospital and multiple other access points, including 144 physician clinics, multiple outpatient surgical units, imaging centers, and investments in urgent care centers and on-site employer-based clinics. Health Choice, the Company’s managed care risk platform, delivers services to more than 374,000 covered lives through its multiple health plans, accountable care networks and agreements to serve as a management services organization with third party insurers. Mountain Point Medical Center is a campus of Jordan Valley Medical Center, in which physicians own a minority interest. For more information on IASIS, please visit the Company’s Web site at www.iasishealthcare.com.
Some of the statements we make in this press release are forward-looking within the meaning of the federal securities laws, which are intended to be covered by the safe harbors created thereby. Those forward-looking statements include all statements that are not historical statements of fact and those regarding our intent, belief or expectations including, but not limited to, future financial and operating results, the Company’s plans, objectives, expectations and other statements that are not historical facts. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual results in future periods to differ materially from those anticipated in the forward-looking statements. These risk factors and uncertainties are more fully described in Part I, Item 1A. “Risk Factors” of our Annual Report on Form 10-K/A for the fiscal year ended September 30, 2014 and as amended and restated in Part II, Item 1A. “Risk Factors” in our Quarterly Report on Form 10-Q/A for the quarter ended December 31, 2014, filed with the Securities and Exchange Commission, and other filings with the Securities and Exchange Commission.
Although we believe that the assumptions underlying the forward-looking statements contained in this press release are reasonable, any of these assumptions could prove to be inaccurate, and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, you should not regard the inclusion of such information as a representation by the Company or any other person that our objectives and plans will be achieved. We undertake no obligation to publicly release any revisions to any forward-looking statements contained herein to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events.
IASIS Healthcare LLC
W. Carl Whitmer, 615-844-2747
President and Chief Executive Officer
John M. Doyle, 615-844-2747
Chief Financial Officer
Cara Jackson, 615-467-1255
VP, Corporate Communications