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IASIS Acquires 79% Ownership Interest in Houston's St. Joseph Medical Center

Franklin, Tenn.-based IASIS Healthcare has completed its acquisition of a 79 percent ownership interest in Houston's 792-bed St. Joseph Medical Center, according to an IASIS news release.

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.

Related Articles on IASIS Healthcare:

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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