initial public offerings (IPOs) trading on American exchanges

Thursday, August 28, 2014

Adeptus Health (ADPT) began trading on the NYSE on 25 June 2014

  • In April 2017, Adeptus Health filed for bankruptcy. In October 2017 it announced its financial restructuring, which included the delisting of its Class A shares.  After bankruptcy in 2017, healthcare-focused hedge fund Deerfield Management acquired control.




Description

Adeptus Health Inc. is a holding company. The Company owns and operates First Choice Emergency Rooms, the network of independent freestanding emergency rooms in the United States. The Company focuses on providing emergency care through its freestanding emergency rooms. The Company has developed a facility design and infrastructure specifically tailored to the emergency care delivery system that combines staff, equipment and physical layout to deliver care. The Company designs, equips, staff and operate its facilities to deliver coordinated patient-focused care. As of March 31, 2014, the Company had 32 facilities. The Company’s facilities are located in the Houston, Dallas/Fort Worth, San Antonio and Austin, Texas markets, as well as in Colorado Springs and Denver, Colorado.

Address

SUITE 200, 2941 SOUTH LAKE VISTA
LEWISVILLE, TX 75067
United States 

Key stats and ratios

Q1 (Mar '14)2013
Net profit margin-7.13%-2.90%
Operating margin-0.88%0.87%
EBITD margin-8.77%
Return on average assets--1.97%
Return on average equity--3.70%
Employees993

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