EXHIBIT 10.1

                          IASIS HEALTHCARE CORPORATION

                   SENIOR EXECUTIVE OFFICER COMPENSATION PLAN

         Each individual designated as a senior executive officer (the "Senior
Executive") of IASIS Healthcare Corporation, a Delaware corporation (the
"Company"), by the Board of Directors of the Company (the "Board") or the
Compensation Committee of the Board (the "Committee"), shall be entitled to
receive the following compensation:

SALARY:           Each Senior Executive shall receive an annual salary in an
                  amount determined by the Board and, if applicable, as set
                  forth in the Senior Executive's Employment Agreement.

BONUS:            Each Senior Executive shall be eligible to receive an annual
                  bonus upon the achievement of certain quantitative and
                  qualitative goals as determined by the Board and, if
                  applicable, as set forth in the Senior Executive's Employment
                  Agreement.

STOCK
OPTIONS:          Each Senior Executive shall be eligible to receive incentive
                  or non-qualified stock options (the "Options") under the
                  Company's 2000 Stock Incentive Plan and such other plans as
                  may be adopted by the Company from time to time, as approved
                  by the Board and, if applicable, as set forth in the Senior
                  Executive's Employment Agreement.

PURCHASE OF
STOCK:            Each Senior Executive shall be eligible to purchase the number
                  of shares of common stock or other capital stock of the
                  Company, separate and apart from the exercise of the Options,
                  as determined by the Board from time to time and, if
                  applicable, as set forth in the Senior Executive's Employment
                  Agreement, at a fair market value per share price as
                  determined by the Board and, if applicable, as set forth in
                  the Senior Executive's Employment Agreement.

PAID TIME
OFF:              Each Senior Executive shall be entitled to vacation, sick
                  leave and other paid time off in accordance with the Company's
                  normal personnel policies as amended from time to time, or as
                  approved by the Board or the Committee and, if applicable, as
                  set forth in the Senior Executive's Employment Agreement.

PARTICIPATION
IN EMPLOYEE
BENEFIT
PLANS:            Each Senior Executive shall be entitled to participate in such
                  health, life, disability and other insurance plans, retirement
                  plans and other employee benefit plans of the Company as in
                  effect from time to time, in accordance with the Company's
                  normal personnel policies, as amended from time to time, or as
                  approved by the Board or the Committee and, if applicable, as
                  set forth in the Senior Executive's Employment Agreement.