IASIS Healthcare names Sharad Mansukani as the Lead Independent Director

– USA, TN – IASIS Healthcare Corporation today announced that Sharad Mansukani, M.D., has been appointed as the Company’s Lead Independent Director.

Dr. Mansukani has served on the Company’s Board of Directors since 2005. During his career, Dr. Mansukani has been a practicing physician, has served as a senior advisor to the Center for Medicare and Medicaid Services, and has held directorships and executive roles with numerous public and private managed care companies, as well as other healthcare industry companies. Dr. Mansukani’s leadership roles have also included positions with healthcare industry editorial boards and academic institutions.

During the past decade, Dr. Mansukani has brought his experience and expertise to both lines of IASIS Healthcare Corporation’s business: its acute care hospital operations and its Health Choice managed care solutions business, which includes managed Medicaid plans, a managed services organization and accountable care network operations that seek to promote provider and insurer collaboration toward value-based, cost-efficient, high-quality healthcare.

“Sharad’s breadth of professional experience gives him a special ability to view the healthcare industry from multiple perspectives: the patient, the physician, the insurer, the policy maker and the hospital,” said W. Carl Whitmer, IASIS Healthcare Corporation’s President and Chief Executive Officer. “Sharad’s experience is especially valuable to our company at a time when we are seeking to integrate our acute care and managed care operations. He brings a wealth of perspectives as to how our hospitals and our Health Choice managed care operations can work in concert to provide high quality care, to contain unnecessary medical costs and to drive economic value for all constituents.”

Dr. Mansukani is expected to continue to provide IASIS Healthcare Corporation’s senior executive management with strategic planning perspectives, in the context of the healthcare industry’s movement to value-based payments and implementation of federal healthcare reform. His increased administrative duties as Lead Independent Director will include coordinating the activities of the Company’s other independent directors and a lead role in corporate governance efforts.

About IASIS Healthcare

IASIS Healthcare is a healthcare services company that seeks to deliver high-quality, cost-effective healthcare through a broad and differentiated set of capabilities and assets that include acute care hospitals with related patient access points and a diversified managed care risk platform. With total annual revenue of approximately $2.6 billion, IASIS, headquartered in Franklin, Tennessee, owns and operates 16 acute care hospitals, one behavioral hospital and multiple other access points, including 144 physician clinics, multiple outpatient surgical units, imaging centers, and investments in urgent care centers and on-site employer-based clinics. Health Choice, the Company’s managed care risk platform, delivers services to more than 374,000 covered lives through its multiple health plans, accountable care networks and agreements to serve as a management services organization with third party insurers.

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