Adeptus Health
 | |
| Public | |
| Traded as | NYSE: ADPT |
| Industry | Healthcare |
| Founded | 2002 |
| Headquarters | Lewisville, Texas, United States |
Area served | Arizona, Colorado and Texas |
Key people | |
| Brands | First Choice Emergency Room |
Number of employees | 993 (2014) |
| Website |
www |
Adeptus Health Inc. is a health care provider based in Lewisville.[1] Adeptus Health operates free-standing emergency rooms throughout Texas and Colorado.[2] It is the parent company of the oldest and largest freestanding emergency-room network in the United States, First Choice Emergency Room.[3][4][5] Adeptus Health became a public company in June 2014 and is traded on the New York Stock Exchange under the ticker symbol NYSE: ADPT.[6][7]
History
Adeptus Health was founded in 2002 with its first emergency room located in a Dallas suburb, Flower Mound, Texas.[1] Thomas Hall is the president and chief executive officer (CEO) of Adeptus Health.[8] Previously, Hall was the president and CEO for NovaMed.[9] In June 2014, Adeptus Health launched its initial public offering on the New York Stock Exchange with 4.9 million shares at $22 per share.[1] In 2015, the company announced a partnership with University of Colorado's UCHealth to develop emergency care facilities in Denver, Colorado Springs and northern Colorado, including 12 existing First Choice emergency rooms along with two new ones.[10][11] Adeptus also partnered with San Francisco-based Dignity Health to establish the Dignity Health Arizona General Hospital in Laveen.[12]
Operations
Adeptus Health operates for-profit hospitals and a network of freestanding emergency rooms. It is the parent company of First Choice Emergency Room.[8] The First Choice Emergency Room facilities are independent of larger hospitals and are located in Texas and Colorado. The company owns and operates 52 First Choice Emergency Room facilities located in Houston, Austin, Dallas, Fort Worth, San Antonio, Denver and Colorado Springs.[13][14]
References
- 1 2 3 Daniel Salazar (25 June 2014). "Lewisville-based emergency room provider has steady IPO Wednesday". Dallas Morning News. Retrieved 1 September 2014.
- ↑ Antonie Gara (25 June 2014). "Adeptus Health IPO Powered by Revenue Growth, Obamacare Reforms". The Street. Retrieved 1 September 2014.
- ↑ Carrie Ghose (16 July 2014). "For-profit Adeptus Health faced opposition in Colorado". American City Business Journals: Columbus Business First. Retrieved 1 September 2014.
- ↑ Matt Goodman (28 July 2014). "Largest Freestanding ED Chain Opens New Location In Collin County". HealthCare Daily. Retrieved 1 September 2014.
- ↑ Stephanie Baum (14 July 2014). "Venture-backed healthcare deals rise to $2.7B in Q2". Ortho Spine News. Retrieved 1 September 2014.
- ↑ "ADEPTUS HEALTH INC. (ADPT) IPO". NASDAQ. Retrieved 1 September 2014.
- ↑ Bob Herman (27 June 2014). "First Choice Emergency Room's parent goes public". Modern Healthcare. Retrieved 1 September 2014.
- 1 2 Jim Fuquay (25 June 2014). "Lewisville-based emergency room operator goes public". Star Telegram. Retrieved 1 September 2014.
- ↑ "EXECUTIVE MANAGEMENT". First Choice Emergency Rooms. Retrieved 1 September 2014.
- ↑ Rappleye, Emily (21 April 2015). "UCHealth, Adeptus Health to partner on emergency care". Becker's Hospital Review. Retrieved 11 May 2015.
- ↑ Sealover, Ed (21 April 2015). "UCHealth to grow with deal for First Choice ER facilities". Denver Business Journal. Retrieved 11 May 2015.
- ↑ Dignity Health, Adeptus Health announce joint venture. Shannon Barnet. October 23, 2014. Becker's. December 8, 2015.
- ↑ Peggy O’Hare (23 July 2014). "First Choice Emergency Room opens northwest SA site". San Antonio Express News. Retrieved 1 September 2014.
- ↑ "First Choice Emergency Room improves data center efficiency and network security" (PDF). Retrieved October 11, 2014.