NASHVILLE, Tenn. – (January 21, 2015) – Sheridan, the Physician Services division of AmSurg Corp. (NASDAQ: AMSG), is expanding its radiology services business through the acquisition of Radisphere, a group of over 100 radiologists who read more than one million studies per year.
Dr. Frank Seidelmann, co-founder and Chairman of Radisphere, commented, “Radisphere has built its reputation on a foundation of quality, service and technological innovation. We are excited about our partnership with Sheridan and its vision for developing a national radiology group practice.”
Radisphere is a leading national radiology group focused on hospital-based service delivery. It provides services in 25 states, which significantly expands Sheridan’s overall market position. The combined radiology services provider will read more than three million studies per year.
Christopher A. Holden, President and Chief Executive Officer of AmSurg, commented, “Radisphere’s geographic footprint complements Sheridan’s existing service areas and will allow us to strengthen our network of relationships with key hospitals.
We will continue to evaluate and execute on great opportunities like Radisphere that provide both strategic value and growth for AmSurg.”
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About AmSurg and Sheridan AmSurg Corp. operates an Ambulatory Services business that acquires, develops and operates ambulatory surgery centers in partnership with physician practice groups throughout the U.S. AmSurg also operates a Physician Services business, Sheridan, that provides outsourced physician services in multiple specialties to hospitals, ASCs and other healthcare facilities, primarily in the areas of anesthesiology, children’s services, emergency medicine and radiology. Through these businesses, as of September 30, 2014, AmSurg owned and operated 243 ASCs in 34 states and provides physician services in 25 states, employing more than 2,600 physicians and other healthcare professionals.