Market Overview

HPI Community Hospital Group, INTEGRIS and USPI to Form Joint Venture to Improve Access to Care in Oklahoma City


HPI Holdings LLC, an operator of hospitals, outpatient centers and
clinics in Oklahoma City, INTEGRIS, Oklahoma's most advanced health care
system, and United Surgical Partners International (USPI), a leading
provider of ambulatory services in the United States, have entered into
an agreement to form a joint venture designed to offer patients and
families more choice and flexibility of care settings.

This press release features multimedia. View the full release here:

The joint venture combines HPI's comprehensive service offerings and
convenience of care, the INTEGRIS system's unmatched continuum in
Oklahoma and the management infrastructure and capabilities of USPI. It
also establishes an affiliation of more than 1,300 accomplished
physicians, representing a wide variety of specialties with practices
across metro Oklahoma City.

HPI Community Hospital locations include the north campus at 9800
Broadway Extension, the south campus at 3100 SW 89th Street and the
Northwest Surgical Hospital at 9204 N. May Avenue. The INTEGRIS network
includes Baptist Medical Center, Southwest Medical Center and Lakeside
Women's Hospital in Oklahoma City, as well as Canadian Valley Hospital
in Yukon and INTEGRIS Health Edmond hospital in Edmond, OK.

"It is more important than ever that health care leaders continue to
find ways to offer high quality care in affordable settings," says Ed
Gray, President and CEO of HPI. "We've been successful developers and
service providers in standalone settings, and we're pleased to continue
development in that space while also establishing stronger connectivity
to INTEGRIS, which offers Oklahoma's most comprehensive level of
services from primary care to transplant and everything in between."

"The joint venture helps INTEGRIS continue our progress toward improving
consumer access to care, delivering exceptional patient experiences,
lowering the overall cost of care, and growing the number of people and
families we're able to serve," says Tim Pehrson, President and CEO of

Brett Brodnax, President of USPI, states, "USPI is honored to both
expand our relationship with INTEGRIS and establish this partnership
with HPI. HPI physicians, management and staff have distinguished
themselves by serving the surgical needs of the Oklahoma City community
with excellence in quality, safety and patient satisfaction."

The transaction is expected to close during the fourth quarter of 2018,
subject to customary regulatory approvals and closing conditions. Brown
Gibbons Lang & Company initiated the transaction and was the exclusive
financial advisor to HPI.

About HPI

HPI Community Hospital Group is a CMS 5-star rated and Blue Distinction
Center + operator of physician-owned hospitals, outpatient centers and
clinics in Oklahoma City, Okla. For more information visit


INTEGRIS, an Oklahoma-owned not-for-profit health system in the state,
is recognized for quality and innovation and offers advanced treatment
options and specialties found nowhere else in the region. INTEGRIS is a
member of the Mayo Clinic Care Network. For more information, visit

About USPI

United Surgical Partners International is an ambulatory healthcare
provider serving approximately 3 million patients a year in
collaboration with over 9,000 physicians and over 50 prominent health
system partners nationwide. The company, which is a subsidiary of Tenet
Healthcare Corporation, currently operates more than 270 surgical
facilities, more than 100 urgent care centers and 24 imaging centers.
For more information, please visit

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