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The privately held Franklin-basedd company reported incomeof $25.4 million in the quarter endedr March 31, compared to $16.1 million in the year-ago period. Net revenue came in at $578.7 million for the up 10.3 percent from the previous year’xs quarterly revenue of $524.8 million. David White, chairman and chief executive officer of attributedthe company's performancr to positive trends at a new facility, Mountaij Vista Medical Center, membership growtyh and effective cost management.
IASIS owns and operates medium-size d acute care hospitals in high-growth urbanb and suburban markets, including 15 acutde care hospital facilities and one behavioral health hospital facilityt with atotal 2,796 beds. The facilitiesd are located around the Southand Southwest. IASIS also owns and operateas a Medicaid and Medicared managed health plan in Phoenix that servee morethan 167,000 members.
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