|San Francisco, Calif. – July 2, 2012 – Dignity Health, the fifth largest health system in the nation,
announced today that it has signed a definitive agreement for the acquisition of U.S. HealthWorks, the
largest independent operator of occupational medicine and urgent care centers in the United States. The
deal is subject to certain regulatory approvals and is expected to be finalized in August 2012. Terms
were not disclosed.
Dignity Health is extending its mission into new care settings in order to deliver quality care more
efficiently and improve the overall health status of the communities it serves. The acquisition reflects
organization’s vision to become a national, integrated delivery network by 2020.
U.S. HealthWorks, a portfolio company of Altaris Capital Partners and Three Arch Partners, operates
172 locations nationwide, and has a network of more than 2,700 employees, including approximately
800 medical providers who deliver quality care to more than 12,000 patients each day.
“We are excited to bring U.S. HealthWorks into the Dignity Health family,” said Lloyd H. Dean,
president/chief executive officer of Dignity Health. “This allows us to expand our health care ministry
into 16 states, and it strengthens our ability to deliver the integrated, quality care that people expect
Based in Valencia, Calif., U.S. HealthWorks facilities offer occupational health care and urgent care
services, preventive care, pre-employment and post-offer exams and screening, and return-to-work
rehabilitative care. U.S. HealthWorks partners with more than 80,000 employers, many of which are
Fortune 100 companies, to help manage and reduce the cost of work-related injuries.
“We are very pleased to become part of a dynamic organization like Dignity Health,” said Daniel D.
Crowley, chief executive officer of U.S. HealthWorks. “Dignity Health provides a great platform for
us to continue growing our network to provide high-quality health care services throughout the
country.” Mr. Crowley will continue on as the president and chief executive officer of U.S.
HealthWorks, which will operate through a wholly-owned, for-profit subsidiary of Dignity Health
focused on the occupational health care practice.
Dignity Health plans to expand the U.S. HealthWorks operations nationally. The organization is also
investing in ambulatory surgery and imaging centers through its partnerships with United Surgical
Partners International (USPI) and SimonMed Imaging. Dignity Health currently has 17 joint-venture
surgical centers with USPI, and 35 imaging centers with SimonMed.
Citigroup Global Markets, Inc. acted as exclusive financial advisor to Dignity Health on the
transaction. Goldman Sachs acted as exclusive financial advisor to U.S. HealthWorks.
Tricia Griffin, Dignity Health, (415) 438-5524
Bill Halldin, U.S. HealthWorks, (916) 781-0657
About Dignity Health
Dignity Health, headquartered in San Francisco, Calif., provides integrated, patient and family centered
care. It is the fifth largest health system in the country with 10,000 physicians and 55,000 employees
across Arizona, California, and Nevada. Through its network of more than 150 ancillary care sites and
40 acute care hospitals, Dignity Health is committed to delivering compassionate, high-quality,
affordable health care services with special attention to the poor and underserved. In 2011, Dignity
Health provided $1.4 billion in charity care, community benefit and unreimbursed patient care. For
more information, please visit our website at www.dignityhealth.org. Dignity Health is also on
Facebook and Twitter.
About U.S. HealthWorks
Based in Valencia, U.S. HealthWorks was founded in 1995 and is owned by Altaris Capital Partners,
Three Arch Partners, and management. It is the largest independent operator of occupational health
care centers in the nation. With 172 clinics and worksites in 15 states and more than 2,700 employees –
including approximately 800 medical providers – U.S. HealthWorks centers serve more than 12,000
patients each day throughout the country. U.S. HealthWorks centers help employers control workrelated
injury costs through quality medical care and effective management of claims and lost work
time, specializing in early return-to-work programs, injury prevention and wellness programs. U.S. HealthWorks is on Facebook and Twitter