AURORA, Colo. and LEWISVILLE, Texas, April 21, 2015 /PRNewswire/ -- University of
Colorado Health (UCHealth) and Adeptus Health (NYSE: ADPT) today
announced formation of a partnership to improve access to high
quality and convenient emergency medical care in Colorado. Under the partnership, UCHealth will
hold a majority stake in Adeptus Health's freestanding emergency
rooms throughout Colorado Springs,
northern Colorado and the
Denver Metro area.
Adeptus Health owns and operates First Choice Emergency Room,
the nation's oldest and largest network of freestanding emergency
room facilities. All 12 Colorado
locations, and two more under construction, are included in the
partnership and will be renamed UCHealth ER. Later this year,
these facilities will participate in UCHealth's electronic medical
record system, an important way to ensure seamless care between the
ER and the hospital. The UCHealth and Adeptus Health
partnership will also include hospital locations planned for
Colorado Springs and Denver.
"Providing the highest level of care, close to home for our
patients, is one of UCHealth's priorities," says Elizabeth Concordia, President and CEO,
UCHealth. "Partnering with Adeptus Health allows patients to
receive care in a more convenient way, while also offering seamless
transfers to hospitals for patients who need hospitalization."
First Choice Emergency Room facilities are located within
communities to provide much needed, convenient access to high
quality medical care. These ERs are equipped with a full radiology
suite, including CT scanner, digital x-ray, ultrasound, as well as
on-site laboratory capabilities, and facilities are staffed
exclusively with board-certified physicians and emergency trained
registered nurses.
"Partnerships with leading healthcare systems are a key element
of our strategic growth plan," said Thomas
S. Hall Chairman and CEO of Adeptus Health. "We are
pleased to join forces with UCHealth, our second hospital partner,
as we continue to enhance access to the highest quality medical
care in more communities."
About University of Colorado
Health
University of Colorado Health is a
Front Range health system that delivers the highest quality patient
care with the highest quality patient experience. University of
Colorado Health combines Memorial Hospital, Poudre Valley Hospital,
Medical Center of the Rockies, Colorado Health Medical Group, and
University of Colorado Hospital into an organization dedicated to
health and providing unmatched patient care in the Rocky Mountain
West. UCHealth partners with the University Of Colorado School
Of Medicine and numerous community organizations to provide care.
Separately, these institutions can continue providing superior care
to patients and service to the communities they serve. Together,
they push the boundaries of medicine, attracting more research
funding, hosting more clinical trials and improving health through
innovation.
About Adeptus Health Inc.
Adeptus Health Inc. owns and operates First Choice Emergency
Room, and, together with Dignity Health, Dignity Health Arizona
General Hospital. First Choice Emergency Room (FCER.com) is the
nation's leading network of independent freestanding emergency
rooms; it is both the largest and the oldest. First Choice
Emergency Room is revolutionizing the delivery of emergency medical
services for adult and pediatric emergencies by offering patients
convenient, neighborhood access to emergency medical care. First
Choice Emergency Room facilities are innovative, freestanding, and
fully equipped emergency rooms with a complete radiology suite of
diagnostic technology (CT scanner, Ultrasound, and Digital X-ray)
and on-site laboratory. All First Choice Emergency Room locations
are staffed with board-certified physicians and emergency trained
registered nurses. First Choice Emergency Room has facilities in
Austin, Dallas/Fort Worth, Houston, San
Antonio, Colorado Springs
and Denver. According to patient
feedback collected by Press Ganey Associates Inc., First Choice
Emergency Room provides the highest quality emergency medical care
and received the 2014 and 2013 Press Ganey Guardian of Excellence
Award for exceeding the 95th percentile in patient satisfaction
nationwide. Dignity Health Arizona General Hospital is a full
service general hospital in the Phoenix area. Arizona General Hospital has
inpatient rooms, state-of-the-art Operating Rooms, an Emergency
Department, a high complexity laboratory, and a full radiology
suite. The new hospital, located in Laveen, is capable of inpatient and outpatient
surgical procedures as well as providing the community 24/7 access
to emergency medical care.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, which reflect Adeptus Health's current views with respect
to, among other things, the anticipated results from the
partnership with UCHealth. You can identify these forward-looking
statements by the use of words such as "outlook," "believes,"
"expects," "potential," "continues," "may," "will," "should,"
"could," "seeks," "projects," "predicts," "forecasts," "intends,"
"plans," "estimates," "anticipates" or the negative version of
these words or other comparable words. Such forward-looking
statements are subject to various risks and uncertainties,
including risks related to the successful partnering with UCHealth
and those risks described under the section entitled "Part I, Item
1A. Risk Factors" of Adeptus Health's Annual Report on Form 10-K
for the fiscal year ended December 31,
2014, filed with the Securities and Exchange Commission
("SEC"), as such factors may be updated from time to time in
Adeptus Health's periodic filings with the SEC, which are
accessible on the SEC's website at www.sec.gov. Accordingly, there
are or will be important factors that could cause actual outcomes
or results to differ materially from those indicated in these
statements. These factors should not be construed as exhaustive and
should be read in conjunction with the other cautionary statements
that are included in this release and in Adeptus Health's filings
with the SEC. Adeptus Health undertakes no obligation to publicly
update or review any forward-looking statement, whether as a result
of new information, future developments or otherwise, except as
required by law.
Contact: Dan Weaver,
720-848-7852, dan.weaver@uchealth.org, Jamie Tinsley, 713,752-1928,
jamie.tinsley@hkstrategies.com
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SOURCE Adeptus Health