The acquisition was based on an enterprise value of $165 million and is subject to final purchase price adjustments. Physician investors own the remaining 21 percent of the hospital’s equity.
Read the IASIS release on its completed acquisition of 79 percent ownership interest in St. Joseph Medical Center.
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Iasis Issues $2.17B in New Debt
Iasis Healthcare Purchases Majority Interest in Houston’s St. Joseph Medical Center
IASIS Revenue Up 7%, Earnings Down 13.5%
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