Earnings wrap: Capella, Iasis

Capella adjusted EBITDA up nearly 40%; Iasis sees drop in insurance arm’s medical loss ratio
May 15, 2015 1:36 PM

Capella co-founder out

Former president, vice chair no longer employed by Franklin company
May 27, 2014 1:30 PM

Capella seeks $585M loan deal to cut interest costs

Franklin company looking to buy out Oklahoma hospital lease, extend loan due date
Apr 25, 2014 2:24 PM

Capella posts $13.9M Q4 loss

Bad debt, executive restructuring drove up costs
Mar 7, 2014 12:23 PM

Keeping the team intact

Local business veterans prove a move in tandem can be successful
Mar 2, 2014 2:25 PM

Capella chief medical officer to retire

Veteran industry official became company's first CMO in January 2011
Feb 25, 2014 12:27 PM

'We believe there are going to be significant opportunities for growth'

Incoming Capella CEO Michael Wiechart to prep company for future
Dec 16, 2013 7:00 AM

Slipkovich stepping down at Capella

Hospital chain recently subject of sale talk names COO to top post
Dec 9, 2013 7:15 PM

Capella’s Arkansas hospital buy delayed by Vatican

Rome tells Mercy Hospital Hot Springs officials to work out differences with local bishop
Nov 20, 2012 12:00 PM

Capella Healthcare signs purchase agreement for Arkansas facilities

Capella Healthcare has signed an asset purchase agreement for two Hot Springs, Ark., facilities it agreed in April to acquire. Terms of the deal were not disclosed. Capella, which already runs a hospital in the Hot Springs market, will combine its operations with those of Mercy Hospital and Mercy Clinic assuming regulators approve.

“The signed definitive agreement marks the end of due diligence and is the next step in the transaction process. The parties have already begun pursuing customary required regulatory approvals. Mercy’s relationship to the Catholic Church also requires approval from the Vatican, and that process is underway. This final phase is expected to take 60 to 90 days, subject to regulatory and Vatican approval.

“This is an important step for our organizations in an effort to build an integrated health system that will advance healthcare for this region for years to come,” said Michael Wiechart, Capella’s senior vice president and COO.

SEE ALSO: Our previous stories on this and other Capella initiatives

Sep 26, 2012 2:15 PM