TeamHealth Acquires Certified Anesthesia Services

Expands Anesthesia Presence in the Washington, D.C. Metro Area

Dec 22, 2014, 16:05 ET from TeamHealth

KNOXVILLE, Tenn., Dec. 22, 2014 /PRNewswire/ -- TeamHealth Holdings Inc. (NYSE: TMH), one of the nation's largest providers of outsourced physician staffing solutions for hospitals, announced the acquisition of the operations of Certified Anesthesia Services (CAS). Based in Washington, D.C., CAS' more than 40 physicians and certified registered nurse anesthetists (CRNAs) manage approximately 28,000 cases annually through anesthesia management services for Sibley Memorial Hospital and seven ambulatory surgery centers (ASCs).

"Our physicians and CRNAs have served Sibley Memorial Hospital and the Washington, D.C. community for more than 20 years," said Andrei Cernea, MD, president and CEO of CAS. "Our reputation was built on providing quality anesthesia services, and we are excited for the opportunity to continue to increase our level of service and innovation through this new relationship with TeamHealth."

"We are pleased to welcome the physicians and CRNAs of Certified Anesthesia Services to TeamHealth and expand our anesthesia presence in the Washington, D.C., area," said Mike Snow, president and CEO of TeamHealth. "We look forward to our partnership with this well-established group. CAS has a reputation for providing excellent service to their clients and quality care for patients and families."

About TeamHealth TeamHealth (Knoxville, Tenn.) (NYSE: TMH) is one of the largest providers of outsourced physician staffing solutions for hospitals in the United States. Through its 21 regional locations and multiple service lines, TeamHealth's approximately 11,000 affiliated healthcare professionals provide emergency medicine, hospital medicine, anesthesia, urgent care, and pediatric staffing and management services to approximately 990 civilian and military hospitals, clinics, and physician groups in 47 states. TeamHealth was recently named one of "America's 100 Most Trustworthy Companies" for 2014 by Forbes magazine. The term "TeamHealth" as used throughout this release includes Team Health, Inc., and all of its related entities, divisions, subsidiaries and affiliated physicians and physician groups. For more information about TeamHealth, visit www.teamhealth.com.

SOURCE TeamHealth



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