NASHVILLE, Tenn. – (May 24, 2016) – Sheridan, the Physician Services division of AmSurg Corp. (NASDAQ: AMSG), has further expanded its anesthesiology services business through its acquisition of Jandee Anesthesiology Partners, PLLC and certain assets of Karadan Anesthesiology and Pain Management, LLP. The groups are jointly comprised of five physicians who deliver anesthesia services through a network of nine ambulatory surgery centers and other facilities in New Jersey and New York. This acquisition is complementary to Sheridan’s anesthesia practices in New Jersey.
Drs. Monte Goldstein and John Pillitteri, Co-Managing Members of Jandee Anesthesiology Partners, commented, “Jandee Anesthesiology Partners has provided excellent care to its patients for many years. After a thorough search, we selected Sheridan as the strategic partner we felt would best position us to continue our tradition of excellence, preserve the culture of our group and help us thrive in this challenging market.”
Robert Coward, President of Sheridan and Chief Development Officer for AmSurg, commented on the acquisition, “We are appreciative of this group’s vote of confidence in our operations and our growing New Jersey practice. Jandee Anesthesiology Partners will now join a network of more than 30 New Jersey hospitals and ambulatory centers served by Sheridan anesthesia providers, and we expect further growth in the New York-New Jersey marketplace going forward. This acquisition is part of our ongoing effort to identify and develop relationships with anesthesia providers who share Sheridan’s commitment to best practices and can benefit from our infrastructure and expertise.”
AmSurg’s Ambulatory Services Division acquires, develops and operates ambulatory surgery centers in partnership with physicians throughout the U.S. AmSurg’s Physician Services Division, Sheridan (which includes its affiliates), provides outsourced physician services in multiple specialties to hospitals, ASCs and other healthcare facilities throughout the U.S., primarily in the areas of anesthesiology, radiology, children’s services and emergency medicine. Through these businesses as of March 31, 2016, AmSurg owned and operated 256 ASCs and one surgical hospital in 34 states and the District of Columbia and provided physician services to more than 450 healthcare facilities in 29 states. AmSurg has partnerships with, or employs, over 5,000 physicians and other healthcare professionals in 38 states and the District of Columbia.