Healthcare >> CEO Interviews >> December 2, 1999

Scott Mercy – Lifepoint Hospitals Inc (lpnt)

SCOTT MERCY is Chairman and Chief Executive Officer of LifePoint Hospitals. The initial group of LifePoint Hospitals was formed as a spin off of the nation's leading investor-owned hospital company, Columbia/HCA Healthcare Corporation. LifePoint is now an independent publicly traded company with annual net revenue of approximately $500 million. With 15 years of experience in health care, Mr. Mercy's primary responsibilities include operating LifePoint's group of primarily rural hospitals. Immediately prior to joining Columbia/HCA in September 1998, Mr. Mercy served as President and Chief Executive Officer of Nashville- based America Service Group Inc., a $120 million provider of health care services for correctional facilities. Before joining America Service Group in 1996, Mr. Mercy was Senior Vice President of Financial Operations for Columbia/HCA. In that role, he was responsible for the financial oversight of 100 geographically diverse hospitals and related health care operations, generating approximately $6 billion in annual revenue. He was directly responsible for a 400-person corporate staff providing operations support in clinical operations, coding, financial operations, business office and central collections, capital management, risk and utilization management, plant management and biomedical services. Mr. Mercy was a long-time member of the Hospital Corporation of America's (HCA) management team prior to its merger with Columbia, having joined HCA in 1983 in the Investor Relations department. He received his bachelor's in accounting in 1983 from the University of Denver in Denver, Colorado. Mr. Mercy is Chairman of the Board of Tennessee Special Olympics. His hobbies include running, skiing, and motorcycling. He and his wife, Joy, live in Nashville with their three children. Profile
TWST: Give us a brief overview of LifePoint Hospitals?

Mr. Mercy: LifePoint Hospitals was formed in May of 1999 as a spin-off

of Columbia/HCA Healthcare Corporation (NYSE-COL). As Columbia