NASHVILLE, Tenn. – (July 5, 2016) – Sheridan, the Physician Services division of AMSURG Corp. (NASDAQ: AMSG), today announced the acquisition of Resolute Anesthesia and Pain Solutions and South Lake Anesthesia Services, P.A., further expanding its anesthesiology services business in Florida, New Jersey and Missouri and establishing its initial presence in Illinois.
Resolute Anesthesia and Pain Solutions, headquartered in Boca Raton, Florida, is one of the largest ambulatory-based anesthesiology practices in the country, with more than 100 providers. Resolute delivers anesthesia and pain management services through a network of over 30 facilities in Florida, New Jersey, Missouri and Illinois consisting of 20 ambulatory surgery centers, three hospitals, and nine pain management clinics.
South Lake Anesthesia Services supports both inpatient and outpatient procedures as the exclusive provider of anesthesia services at South Lake Hospital, South Lake Hospital Outpatient Surgery Center, and South Lake Endoscopy Center in Clermont, Florida, all in affiliation with the Orlando Health System.
Robert Coward, President of Sheridan and Chief Development Officer for AMSURG, commented on the acquisitions, “We are appreciative of the vote of confidence in our operations from both of these groups. These partnerships provide an important expansion of our anesthesia platform and further complement Sheridan’s existing local offerings by adding expertise in the provision of pain management services. These acquisitions are 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 (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 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.