Friday, October 24, 2014

Winning Year for TEAMHealth

TEAMHealth logo
October acquisitions add to a productive year for TEAMHealth, the Knoxville-based provider of outsourced physician staffing solutions for hospitals.  Premier Physician Services, the latest acquisition, adds 700 physicians and advanced practice clinicians to the TEAMHealth roster.  Premier physicians cares for one million Dayton area patients annually by staffing 42 emergency departments, 7 hospital medicine programs, 11 occupational medicine programs and 14 correctional care programs.   >>Read more    
Other 2014 acquisitions include:

TeamHealth Partners
Annual Patient Care
-Salutis Emergency Specialists
Martinsburg, WV
ER – 54,000
-Physician Services of Cleveland
Cleveland, TN
ER – 52,000
-Trident Emergency Physicians
Charleston, SC
ER – 120,000
-Teaneck Emergency Physicians
Teaneck, NJ
ER – 53,000
-Heartland Anesthesia Services
Omaha, NE
Anesth. - 10,000 cases*
-Florida Gulf-to-Bay Anesth.  Associates
Tampa, FL
Anesth. - 160,000 cases*
-Emergency Medicine Specialists
Detroit, MI
ER – 400,000
-Primary Critical Care Medical Grp
Burbank, CA
Hospital – 100,000
-PhysAssist Scribes
Ft. Worth, TX
Scribe svcs - 155 ERs

TEAMHealth's acquisition lineup underscores a recent comment by Jeff Swearingen, Co-founder of Edgemont Capital Partners and company advisor:
“Physician practice consolidation has accelerated in 2014 as the rollout of the Patient Protection and Affordable Care Act drives significant change and increased complexity in healthcare…"  
Consistently, executives of new partner companies recognized TeamHealth's depth of resources and strong infrastructure...and the organization's support in meeting the demands of advanced patient care.

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