AmSurg’s Physician Services Division, Sheridan, Announces Acquisition of Coastal Anesthesiology Consultants, P.A.
July 02 2015 - 7:00AM
Business Wire
Sheridan, the Physician Services Division of AmSurg Corp.
(NASDAQ: AMSG), today announced its acquisition of Coastal
Anesthesiology Consultants, P.A., which will further expand its
anesthesiology services business and strengthen its presence on the
east coast of Florida. Coastal provides anesthesia services for
Flagler Hospital facilities in the St. Augustine, Florida, market
and is comprised of over 25 providers including physicians,
certified registered nurse anesthetists and anesthesiologist
assistants.
Dr. Sherman Turnage, President of Coastal Anesthesiology,
commented, “After extensive research to identify a national leader
in hospital-based physician services who could enhance our
capabilities, our leadership easily concluded that Sheridan would
be our best choice as a true strategic partner. We are thrilled to
join the Sheridan team and plan to leverage its formidable
strengths to enhance the quality of patient care in our
community.”
Coastal Anesthesiology Consultants supports both inpatient and
outpatient services and is the exclusive anesthesiology services
provider at Flagler Hospital facilities. Flagler Hospital is a
national leader in clinical excellence and has been an established
provider of medical care in St. Johns County since 1889.
Robert J. Coward, President of Physician Services, noted, “We
are proud that Coastal and its providers have chosen to partner
with Sheridan and look forward to helping them navigate the
ever-changing healthcare environment. We believe our tools and deep
experience will enhance both the excellent care they already
deliver to patients and the service they provide to clients.”
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the federal securities laws, including statements
that are based on current expectations, forecasts and assumptions
that involve risks and uncertainties that could cause actual
outcomes and results to differ materially. Forward-looking
statements relate to expectations, beliefs, projections, future
plans and strategies, anticipated events or trends and similar
expressions concerning matters that are not historical facts.
In some cases, you can identify forward-looking statements by
the use of forward-looking terminology such as “may,” “will,”
“should,” “expects,” “intends,” “plans,” “anticipates,” “believes,”
“estimates,” or “predicts,” or the negative of these words or
phrases or similar words or phrases, which are predictions of or
indicate future events or trends and which do not relate solely to
historical matters. While forward-looking statements reflect the
Company’s good faith beliefs, assumptions and expectations, they
are not guarantees of future performance. Furthermore, the Company
disclaims any obligation to publicly update or revise any
forward-looking statement to reflect changes in underlying
assumptions or factors, new information, data or methods, future
events or other changes. Certain risks and uncertainties related to
the Company’s business are or will be described in greater detail
in the Company’s filings with the SEC. The information set forth
herein should be read in light of such risks.
About AmSurg and Sheridan
AmSurg’s Ambulatory Services Division acquires, develops and
operates ambulatory surgery centers in partnership with physicians
throughout the U.S. AmSurg’s Physician Services Division, Sheridan,
provides outsourced physician services in multiple specialties to
hospitals, ASCs and other healthcare facilities throughout the
U.S., primarily in the areas of anesthesiology, children’s
services, emergency medicine and radiology. Through these
businesses as of March 31, 2015, AmSurg owned and operated 248 ASCs
in 34 states and provided physician services to more than 330
healthcare facilities in 27 states, employing more than 2,900
physicians and other healthcare professionals.
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version on businesswire.com: http://www.businesswire.com/news/home/20150702005184/en/
AmSurg Corp.Claire M. Gulmi, 615-665-1283Executive Vice
President andChief Financial Officer
Amsurg Corp. (NASDAQ:AMSG)
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