M&A Deal Summary

IASIS Healthcare Acquires SJ Medical Center

On May 2, 2011, IASIS Healthcare acquired healthcare services company SJ Medical Center

Acquisition Highlights
  • This is IASIS Healthcare’s 2nd transaction in the Healthcare Services sector.
  • This is IASIS Healthcare’s 2nd transaction in the United States.
  • This is IASIS Healthcare’s 1st transaction in Texas.

M&A Deal Summary

Date 2011-05-02
Target SJ Medical Center
Sector Healthcare Services
Buyer(s) IASIS Healthcare
Deal Type Add-on Acquisition

Target

SJ Medical Center

Houston, Texas, United States
SJ Medical Center LLC is a provider of healthcare services.

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Buyer(S) 1

Buyer

IASIS Healthcare

Franklin, Tennessee, United States

Category Company
Founded 1998
Sector Healthcare Services
DESCRIPTION

IASIS Healthcare Corp. is an owner and operator of medium-sized acute care hospitals in high-growth urban and suburban markets. Additionally, IASIS owns and operates a Medicaid managed health plan in Phoenix that serves over 108,000 members. IASIS Healthcare was formed in 1998 and is based in Franklin, Tennessee.


DEAL STATS #
Overall 2 of 2
Sector: Healthcare Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-01 Brim Holdings

Franklin, Tennessee, United States

Brim Holdings, Inc. owned and managed acute care providers, with a focus on rural and critical access hospitals.

Buy $95M