Press release from PR Newswire
TeamHealth Acquires Bergen Anesthesia Associates, P.A. and Teaneck Anesthesia Group, P.A.
Monday, April 23, 2012
TeamHealth Acquires Bergen Anesthesia Associates, P.A. and Teaneck Anesthesia Group, P.A.07:00 EDT Monday, April 23, 2012Expands Anesthesia Presence in New Jersey and New YorkKNOXVILLE, Tenn., April 23, 2012 /PRNewswire/ -- TeamHealth Holdings Inc. (NYSE: TMH), today announced the acquisition of the operations of Bergen Anesthesia Associates, P.A., and Teaneck Anesthesia Group, P.A., and related entities, expanding TeamHealth Anesthesia's presence into New Jersey and New York. Through this new relationship, TeamHealth will assume responsibility for the anesthesia management services provided to Holy Name Medical Center in Teaneck, N.J., and three independent Ambulatory Surgical Centers (ASCs) by 25 anesthesiologists representing approximately 15,000 annual cases. "Since the inception of our relationship with Holy Name Medical Center in 1994, our reputation has been built upon providing quality anesthesia and pain management care," states Alan Gwertzman, M.D., President and Chief of Anesthesia, Bergen Anesthesia Associates and Teaneck Anesthesia Group. "We are excited about the opportunity to continue to increase our level of service and innovation through our new relationship with TeamHealth." "Associating with anesthesia professionals who share our mission of quality and service is a vital part of our growth strategy," states Tushar Ramani, M.D., President of TeamHealth Anesthesia. "We are pleased to expand our presence in the New Jersey and New York markets, beginning with this new relationship." TeamHealth Anesthesia CEO, Steven Gottlieb, M.D., stated, "We were attracted to this group of physicians because of their demonstrated track record for excellence in anesthesia and pain management services across the healthcare spectrum. We are very pleased to have them join our nationwide team." "The addition of Bergen Anesthesia Associates and Teaneck Anesthesia Group to TeamHealth underscores our commitment to partner with successful, high-quality physician groups throughout the country and our ongoing focus to grow our anesthesia service line," said Greg Roth, President and CEO, TeamHealth. About TeamHealth TeamHealth (NYSE: TMH) was founded in 1979 and has become one of the largest suppliers of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. Through its six principal service lines located in 15 regional sites, TeamHealth's more than 7,100 affiliated healthcare professionals provide emergency medicine, anesthesiology, hospital medicine, and pediatric staffing and management services to more than 730 civilian and military hospitals, clinics and physician groups in 47 states. The term "TeamHealth" as used throughout this release includes TeamHealth, Inc., and all of its related entities, companies, affiliates, subsidiaries and affiliated physician groups. SOURCE Team Health Holdings Inc.For further information: INVESTORS: David Jones, Executive Vice President and Chief Financial Officer, +1-865-293-5299, or MEDIA: Tracy Young, Vice President, Communications, +1-800-818-1498