Triad Hospitals, Inc.
Stock Symbol: TRI
5800 Tennyson Parkway
Triad Hospitals, Inc. Industry:
Triad Hospitals, Inc. Description:
Triad, through its affiliates, owns and manages hospitals and ambulatory surgery centers in small cities and selected larger urban markets. The Company has 48 hospitals and 14 ambulatory surgery centers in 16 states with approximately 8,700 licensed beds. In addition, through its QHR subsidiary, the Company provides hospital management, consulting and advisory services to more than 200 independent community hospitals and health systems throughout the United States.
Triad Hospitals, Inc. Financial Summary:
TRI operates 49 general, acute care hospitals and 14 ambulatory surgery centers in AL, AZ, AR, CA, IN, KS, LA, MO, MS, NM, NV, OH, OK, OR, SC, TX and WV. For the 6 months ended 6/30/05, revenues increased 11% to $2.40B. Net income from cont. ops. totalled $117.6M, up from $43.2M. Revenues reflect an increase in acuity procedures and increases in managed care pricing. Net income also benefited from lower salaries and benefits as a percentage of revenues.
Triad Hospitals, Inc. Business Summary:
Triad Hospitals, Inc. (Triad) through its affiliates owns and manages hospitals and ambulatory surgery centers in small cities and selected larger urban markets primarily in the southern, midwestern and western United States. Triad has 52 hospitals (including one under construction) and 14 ambulatory surgery centers in 15 states with approximately 8,340 licensed beds. Triad's general acute care hospitals provide a range of services in hospitals, such as internal medicine, general surgery, cardiology, oncology, neurosurgery, orthopedics, obstetrics, diagnostic and emergency services. These hospitals also provide outpatient and ancillary healthcare services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology and physical therapy. Through its subsidiary Quorum Health Resources, LLC (QHR), Triad provides hospital management, consulting and advisory services to independent general acute care hospitals throughout the United States.