Anesthesia provider brings portfolio to 500+ facilities with acquisition
Melville, N.Y.-based North American Partners in Anesthesia acquired American Anesthesiology May 6.
Five things to know:
1. Dating back to 2007, American Anesthesiology is a medical group affiliated with Sunrise, Fla.-based Mednax.
2. American Anesthesiology's clinicians and administrators will become NAPA employees as a result of the transaction.
3. Through its affiliated entities, NAPA will now have a team of more than 6,000 clinicians and staff offering anesthesia and pain management services at 500-plus U.S. facilities, including ASCs.
4. Mednax will continue to seek growth opportunities for its radiology and pediatric/obstetrics groups, as well as for Surgical Directions, a healthcare consulting firm acquired in 2014.
5. Mednax will receive $50 million in cash when the transaction closes, according to Reuters.
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