TeamHealth Acquires Three Emergency Department Medical Groups in Las Vegas, Nevada

Oct 26, 2015, 16:05 ET from TeamHealth

KNOXVILLE, Tenn., Oct. 26, 2015 /PRNewswire/ -- TeamHealth Holdings Inc. (NYSE: TMH), a leading physician services organization, announced the acquisition of the operations of three affiliated medical groups: Fremont Emergency Services, Advanced Care Emergency Services and Advanced Care Emergency Specialists, which collectively manage and staff eight hospital emergency departments in the Las Vegas, Nevada, market. These groups work with more than 120 physicians and advanced practice clinicians to provide care for approximately 370,000 patients annually. In conjunction with this transaction, TeamHealth will assist Fremont Emergency Services with starting a new hospital medicine contract at an existing emergency department client hospital.

"In the changing healthcare landscape, we continue to value innovation, efficiency and quality as we deliver exceptional care to our patients and their families," said Wade Sears, MD, chief medical officer of Fremont Emergency Services, Advanced Care Emergency Services and Advanced Care Emergency Specialists. "We are excited to partner with TeamHealth—an organization that offers a like-minded, physician-centric culture."

"Partnering with TeamHealth allows us to continue to hold the same values while obtaining the benefit of expanded clinical service lines and access to extensive emergency medicine resources for our hospital clients and excellent support for our physicians and clinicians," said John Henner, DO, chief operating officer of Fremont Emergency Services, Advanced Care Emergency Services and Advanced Care Emergency Specialists.

"Fremont Emergency Services, Advanced Care Emergency Services and Advanced Care Emergency Specialists have strong reputations of delivering high-quality care to patients and their families," said Michael D. Snow, president and CEO of TeamHealth. "We are excited to expand our emergency medicine presence in the west and welcome these physicians and advanced practice clinicians to TeamHealth."

About TeamHealth At TeamHealth (NYSE: TMH), our purpose is to perfect our physicians' ability to practice medicine, every day, in everything we do. Through our more than 14,000 affiliated physicians and advanced practice clinicians, TeamHealth offers outsourced emergency medicine, hospital medicine, anesthesia, urgent care, orthopaedic hospitalist, acute care surgery, obstetrics and gynecology hospitalist and medical call center solutions to approximately 1,000 civilian and military hospitals, clinics and physician groups nationwide. Our philosophy is as simple as our goal is singular: we believe better experiences for physicians lead to better outcomes—for patients, hospital partners and physicians alike. Join our team; we value and empower clinicians. Partner with us; we deliver on our promises. Learn more at http://www.teamhealth.com.

The term "TeamHealth" as used throughout this release includes Team Health Holdings, Inc., its subsidiaries, affiliates, affiliated medical groups and providers, all of which are part of the TeamHealth organization. "Providers" are physicians, advanced practice clinicians and other healthcare providers who are employed by or contract with subsidiaries or affiliated entities of Team Health Holdings, Inc. All such providers exercise independent clinical judgment when providing patient care. Team Health Holdings, Inc. does not have any employees, does not contract with providers and does not practice medicine.

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SOURCE TeamHealth



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