IASIS Healthcare Announces Termination of Facility Lease Agreements

Business Wire, March 25, 2008

FRANKLIN, Tenn. -- IASIS Healthcare[R] LLC today announced that the lease agreements to operate Mesa General Hospital ("Mesa General"), located in Mesa, Arizona, and Biltmore Surgery Center ("Biltmore"), located in Phoenix, Arizona, will terminate upon expiration of their current terms. The Mesa General and Biltmore leases expire on July 31, 2008 and September 30, 2008, respectively. The Company will discontinue services at Mesa General on May 31, 2008, and at Biltmore on April 30, 2008. These two Arizona facilities provided net revenue and adjusted EBITDA of approximately $87.4 million and $4.4 million, respectively, during the twelve months ended December 31, 2007.

IASIS, located in Franklin, Tennessee, is a leading owner and operator of medium-sized acute care hospitals in high-growth urban and suburban markets. The Company operates its hospitals with a strong community focus by offering and developing healthcare services targeted to the needs of the markets it serves, promoting strong relationships with physicians and working with local managed care plans. IASIS owns or leases 16 acute care hospital facilities and one behavioral health hospital facility with a total of 2,737 beds in service and has total annual net revenue of approximately $1.9 billion. These hospital facilities are located in six regions: Salt Lake City, Utah; Phoenix, Arizona; Tampa-St. Petersburg, Florida; three cities in Texas, including San Antonio; Las Vegas, Nevada; and West Monroe, Louisiana. IASIS also owns and operates a Medicaid and Medicare managed health plan in Phoenix that serves over 127,000 members. For more information on IASIS, please visit the Company's website at www.iasishealthcare.com.