Arizona Heart Institute
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Arizona Heart Institute
Arizona Heart Institute is a cardiovascular medical center in Phoenix, Arizona, United States founded by Edward Diethrich in 1971. In 2009, the institute paid the US government US$675 000 in re-imbursement for ten carotid artery stenting procedures which were billed to, but not covered by, Medicare. These expenses and others led the institute to file for chapter 11 bankruptcy protection in 2010, ultimately being entirely sold to Vanguard Health Systems Vanguard Health Systems was an operator of hospitals and other medical facilities in five U.S. states: Arizona, Illinois, Massachusetts, Michigan, and Texas. The company's headquarters were located in Nashville, Tennessee. Vanguard owned twenty ...'s subsidiary company Abrazo Health Care. Purchasing the Arizona Heart Institute led Abrazo to begin clinical trials at other facilities it owned as well. References External links * Tenet Healthcare Companies based in Phoenix, Arizona Hospitals in Arizona {{Arizo ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Phoenix, Arizona
Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the List of capitals in the United States, capital and List of cities and towns in Arizona#List of cities and towns, most populous city of the U.S. state of Arizona, with 1,608,139 residents as of 2020. It is the List of United States cities by population, fifth-most populous city in the United States, and the only U.S. state capital with a population of more than one million residents. Phoenix is the anchor of the Phoenix metropolitan area, also known as the Valley of the Sun, which in turn is part of the Salt River Valley. The metropolitan area is the 11th largest by population in the United States, with approximately 4.85 million people . Phoenix, the seat of Maricopa County, Arizona, Maricopa County, has the largest area of all cities in Arizona, with an area of , and is also the List of United States cities by area, 11th largest city by area in the United States. It is the largest metropolitan area, bo ...
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Arizona
Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a state in the Southwestern United States. It is the 6th largest and the 14th most populous of the 50 states. Its capital and largest city is Phoenix. Arizona is part of the Four Corners region with Utah to the north, Colorado to the northeast, and New Mexico to the east; its other neighboring states are Nevada to the northwest, California to the west and the Mexican states of Sonora and Baja California to the south and southwest. Arizona is the 48th state and last of the contiguous states to be admitted to the Union, achieving statehood on February 14, 1912. Historically part of the territory of in New Spain, it became part of independent Mexico in 1821. After being defeated in the Mexican–American War, Mexico ceded much of this territory to the United States in 1848. The southernmost portion of the state was acquired in 1853 through the Gadsden Purchase. Southern Arizona is known for its desert cl ...
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Health Care
Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health professionals and allied health fields. Medicine, dentistry, pharmacy, midwifery, nursing, optometry, audiology, psychology, occupational therapy, physical therapy, athletic training, and other health professions all constitute health care. It includes work done in providing primary care, secondary care, and tertiary care, as well as in public health. Access to health care may vary across countries, communities, and individuals, influenced by social and economic conditions as well as health policies. Providing health care services means "the timely use of personal health services to achieve the best possible health outcomes". Factors to consider in terms of health care access include financial limitations (such as insurance coverage), geo ...
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Cardiovascular
The blood circulatory system is a system of organs that includes the heart, blood vessels, and blood which is circulated throughout the entire body of a human or other vertebrate. It includes the cardiovascular system, or vascular system, that consists of the heart and blood vessels (from Greek ''kardia'' meaning ''heart'', and from Latin ''vascula'' meaning ''vessels''). The circulatory system has two divisions, a systemic circulation or circuit, and a pulmonary circulation or circuit. Some sources use the terms ''cardiovascular system'' and ''vascular system'' interchangeably with the ''circulatory system''. The network of blood vessels are the great vessels of the heart including large elastic arteries, and large veins; other arteries, smaller arterioles, capillaries that join with venules (small veins), and other veins. The circulatory system is closed in vertebrates, which means that the blood never leaves the network of blood vessels. Some invertebrates such as arthro ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Phoenix Business Journal
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering and ...
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Chapter 11
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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Vanguard Health Systems
Vanguard Health Systems was an operator of hospitals and other medical facilities in five U.S. states: Arizona, Illinois, Massachusetts, Michigan, and Texas. The company's headquarters were located in Nashville, Tennessee. Vanguard owned twenty-six hospitals, including the ten Detroit Medical Center hospitals in Detroit, Michigan, five in San Antonio, Texas, four in the Chicago area, four in the Phoenix, Arizona area, and controlled an additional three hospitals through joint ventures, for a total of 6,201 licensed beds (). On February 26, 2001, Charles N. Martin, Jr., Chairman, President and CEO of Vanguard Health Systems in Nashville and other investors invested $3.2 million to the combined companies of Health Connections Inc. and Coactive Systems Corporation. Charles N. Martin, former CEO of Ornda Healthcorp, started Vanguard with funding from Morgan Stanley. The Blackstone Group acquired a majority stake in Vanguard in 2004. The company went public in 2011, with Blackston ...
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Abrazo Health Care
Abrazo Community Health Network (Abrazo Health) is one of the largest health care delivery system in Arizona, United States. Abrazo Community Health Network is located in Phoenix, Arizona and was established in 2003. The Abrazo system comprises five acute care hospitals including one cardiovascular-specialty hospital. The health care system offers a broad range of medical services, including cardiology, internal medicine, general surgery, orthopedics, neurology, obstetrics, bariatric, oncology, women’s health, diagnostic imaging, acute inpatient rehabilitation, outpatient rehabilitation, outpatient services, Level 1 Trauma Center and emergency care. In addition to the hospitals, Abrazo Community Health Network includes Primary care physician, primary and specialty (medicine), specialty care physician offices, urgent care offices and emergency centers. History Abrazo Community Health Network is part of Tenet Healthcare. Tenet Healthcare Corporation owns and operates 77 acute-ca ...
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The Arizona Republic
''The Arizona Republic'' is an American daily newspaper published in Phoenix. Circulated throughout Arizona, it is the state's largest newspaper. Since 2000, it has been owned by the Gannett newspaper chain. Copies are sold at $2 daily or at $3 on Sundays and $5 on Thanksgiving Day; prices are higher outside Arizona. History Early years The newspaper was founded May 19, 1890, under the name ''The Arizona Republican''. Dwight B. Heard, a Phoenix land and cattle baron, ran the newspaper from 1912 until his death in 1929. The paper was then run by two of its top executives, Charles Stauffer and W. Wesley Knorpp, until it was bought by Midwestern newspaper magnate Eugene C. Pulliam in 1946. Stauffer and Knorpp had changed the newspaper's name to ''The Arizona Republic'' in 1930, and also had bought the rival ''Phoenix Evening Gazette'' and ''Phoenix Weekly Gazette'', later known, respectively, as ''The Phoenix Gazette'' and the ''Arizona Business Gazette''. Pulliam era Pulliam, ...
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Tenet Healthcare
Tenet Healthcare Corporation is a for-profit multinational healthcare services company based in Dallas, Texas, United States. Through its brands, subsidiaries, joint ventures, and partnerships, including United Surgical Partners International (USPI), the company operates 65 hospitals and over 450 healthcare facilities. Tenet also operates Conifer Health Solutions, which provides healthcare support services to health systems and other clients. Since its founding in 1969, Tenet has expanded significantly. Among other major acquisitions and formations, Tenet founded Conifer Health Solutions in 2008, MedPost Urgent Care in 2014, and in 2013 acquired Vanguard Health Systems, Inc., an investor-owned hospital company whose operations complemented Tenet's existing business. The acquisition created the third-largest investor-owned hospital company in the United States in terms of revenue and the third-largest in number of hospitals owned. In 2015, Tenet acquired USPI, which created the ...
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