The anesthesia space is consolidating quickly, according to Dougherty & Co. analyst Brooks O’Neil, and large practice management companies are experiencing competition for acquiring anesthesiology groups. Continental Anesthesia, a private equity-backed company, plans to expand its practice to 150 physicians.
Mednax and Team Health are also actively acquiring small practices and several deals have been announced during the second half of 2013. Private Equity firms are also interested in the anesthesia space, according to the report.
More Articles on Anesthesiology:
North Carolina Society of Anesthesiology Elects Dr. Frank Sutton Secretary, Treasurer
Performing High Acuity Cases in ASCs: The Anesthesiologist’s Role
High Reliability Organizing Can Prove Successful for Anesthesia, Beyond
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.