USMD Health System

USMD is a publicly held (NASDAQ: USMD), physician-led, integrated health system committed to exemplary patient care. Headquartered in Irving, Texas, USMD serves the Dallas-Fort Worth metropolitan area with more than 250 physicians and associate practitioners, and provides healthcare services to patients in just under 20 different specialties at its two hospitals, six cancer treatment centers and nearly 70 physician clinics, many of which are multi-specialty. All 29 of USMD’s primary care clinics have been accredited by the Patient-Centered Medical Home Program, a recognition program that is part of the National Committee for Quality Assurance. This recognition means that USMD’s primary care clinics successfully display and utilize evidence-based, patient-centered processes that focus on highly coordinated patient care and long-term patient
relationships.

Type

Subsidiary

Irving, US

Founded

2012

Website

usmdinc.com

USMD Health System was founded in 2012 and is headquartered in Irving, US

USMD Health System Office Locations

USMD Health System has an office in Irving

Irving, US (HQ)

200 6333 Tx 161

USMD Health System Data and Metrics

USMD Health System Summary

Founding Date	2012

USMD Health System Financial Metrics

Income Statement

USD	FY, 2013	FY, 2014	FY, 2015
Operating expense total	231.7 m	331.7 m	342.1 m
EBIT	3 m	(36.9 m)	(16.9 m)
Interest expense	(2 m)	(2.9 m)	(3.5 m)
Pre tax profit	10.8 m	(28.4 m)	8.1 m
Income tax expense	71 k	(5.5 m)	82 k
Net Income	10.7 m	(22.9 m)	8 m

Balance Sheet

USD	FY, 2013	FY, 2014	FY, 2015
Cash	13.1 m	15.9 m	29.6 m
Inventories		261.5 m
Current Assets	47.6 m	53.5 m	76.3 m
PP&E	23.5 m	20.8 m	29 m
Goodwill	118.2 m	97.8 m	89.9 m
Total Assets	278.5 m	248.6 m	278.7 m
Accounts Payable		131.3 m
Current Liabilities	35.4 m	43.8 m	49.6 m
Additional Paid-in Capital	158.4 m	160.5 m	171.3 m
Retained Earnings	13.7 m	(18.8 m)	(20.4 m)
Total Equity	175.5 m	145.2 m	151.1 m
Financial Leverage	1.6 x	1.7 x	1.8 x

Cash Flow

USD	FY, 2013	FY, 2014	FY, 2015
Net Income	10.7 m	(22.9 m)	8 m
Depreciation and Amortization	7.6 m	16.2 m	9.2 m
Accounts Receivable			66 m
Inventories		(18.2 m)
Accounts Payable		189 k	(162 m)
Cash From Operating Activities	20.9 m	21.2 m	8.8 m
Capital Expenditures	(2.8 m)	(1.5 m)	(3.7 m)
Cash From Investing Activities	(3 m)	(1.5 m)	4.4 m
Cash From Financing Activities	(11.7 m)	(16.9 m)	431 k
Free Cash Flow	18.1 m	19.7 m	5.1 m