Jan 11 2011
Emergency Medical Services Corporation today announced that its EmCare segment has acquired North Pinellas Anesthesia Associates and Northwood Anesthesia Associates (North Pinellas/Northwood), an anesthesia provider based in Tampa, Florida. Founded in 1983, North Pinellas/Northwood has approximately 40 clinicians and provides outsourced anesthesia services to two hospitals and seven ambulatory surgical centers in Tampa, Fla. North Pinellas/Northwood will continue to operate under its present brand as part of EmCare's anesthesia services group, AnesthesiaCare. The Company expects that the acquisition will contribute approximately $15 million in annual net revenue.
William A. Sanger, EMSC Chairman and Chief Executive Officer, said, "North Pinellas/Northwood has been a leader for decades in providing quality patient care and exceptional client service in Pinellas County. This acquisition provides us with a solid platform for continued growth in the anesthesia services market. This transaction is consistent with our strategy of partnering with quality providers to expand our presence in individual service lines and increase our opportunities for growth through cross-selling."
Source:
Emergency Medical Services Corporation