NASHVILLE, Tenn. – (October 3, 2016) – Sheridan, the Physician Services division of AMSURG Corp. (NASDAQ: AMSG), has further expanded its anesthesiology services business and its footprint in Northern California, through the acquisition of Fidere Anesthesia Consultants, Inc. The group is comprised of 38 physicians covering seven facilities. It delivers both inpatient and outpatient anesthesia services for the El Camino Hospital System, as well as a number of ambulatory surgery centers, based in Silicon Valley. The combination provides a synergistic complement to Physician Services’ previous Northern California acquisition – Medical Anesthesia Consultants.
Dr. Robert Pinsker, MD, JD, and President of Fidere Anesthesia Consultants, commented, “We were seeking a strategic partner to help meet the challenges of a changing U.S. healthcare market and strengthen the position of our physicians. After a thorough search, we selected Sheridan as the partner who would best help us to grow the unique programs we have established and position us to thrive in this challenging market. Sheridan’s resources, which include robust experience in anesthesiology and multiple complementary service lines, made them the obvious partner.”
Robert J. Coward, President of Physician Services, noted, “Sheridan’s acquisition of Fidere Anesthesia Consultants further validates our strategy in California and strengthens our overall presence in this important market. We are proud this outstanding group of physicians is now part of our anesthesiology team; we know they will continue to deliver excellent patient care and outstanding service to client hospitals and ambulatory facilities.”
AMSURG’s Ambulatory Services Division acquires, develops and operates ambulatory surgery centers (ASCs) 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 June 30, 2016, AMSURG owned and operated 258 ASCs and one surgical hospital in 34 states and the District of Columbia and provided physician services to more than 530 healthcare facilities in 32 states. AMSURG has partnerships with, or employs, over 6,000 physicians and other healthcare professionals in 40 states and the District of Columbia.