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TeamHealth Acquires Anesthesia Associates of Cincinnati and Pain Management Associates

Press Release

TeamHealth Holdings Inc. (NYSE:TMH), a leading physician services organization, acquired Anesthesia Associates of Cincinnati (AAC) and Pain Management Associates (PMA), one of the largest interventional pain medicine practices in the region. Based in Cincinnati, Ohio, AAC provides anesthesiology staffing at two hospitals, The Christ Hospital and TriHealth Evendale Hospital, and four ambulatory surgery centers, supporting a full array of surgical specialties, including cardiac, neurological and obstetric care. This new relationship is expected to add more than 43,000 annual anesthesia cases to TeamHealth’s existing anesthesia operations. TeamHealth currently provides emergency department staffing and management services for The Christ Hospital, and this association with AAC will allow for additional coordination of care opportunities in these critical hospital-based clinical specialties.

“For more than 50 years, Anesthesia Associates of Cincinnati has provided patients with exceptional care in inpatient and outpatient settings,” said Mark Manley, MD, president of AAC and PMA. “Joining TeamHealth will provide us with a robust infrastructure to better serve our hospital partners, ambulatory surgery centers and affiliated clinicians as we continue delivering excellent care to our patients and their families.”

“We are very pleased the talented physicians and certified registered nurse anesthetists of Anesthesia Associates of Cincinnati will be joining TeamHealth,” said Michael D. Snow, president and CEO of TeamHealth. “We look forward to continuing to grow our anesthesia service line and expanding our service to patients and their families in the Cincinnati area.”

About TeamHealth

At TeamHealth (NYSE: TMH), our purpose is to perfect our physicians’ ability to practice medicine, every day, in everything we do. Through our more than 19,000 affiliated physicians and advanced practice clinicians, TeamHealth offers outsourced emergency medicine, hospital medicine, critical care, anesthesiology, orthopedic hospitalist, acute care surgery, obstetrics and gynecology hospitalist, ambulatory care, post-acute care and medical call center solutions to approximately 3,400 acute and post-acute facilities and physician groups nationwide. Our philosophy is as simple as our goal is singular: we believe better experiences for physicians lead to better outcomes—for patients, hospital partners and physicians alike. Join our team; we value and empower clinicians. Partner with us; we deliver on our promises. Learn more at https://www.teamhealth.com.

The term “TeamHealth” as used throughout this release includes Team Health Holdings, Inc., its subsidiaries, affiliates, affiliated medical groups and providers, all of which are part of the TeamHealth organization. “Providers” are physicians, advanced practice clinicians and other healthcare providers who are employed by or contract with subsidiaries or affiliated entities of Team Health Holdings, Inc. All such providers exercise independent clinical judgment when providing patient care. Team Health Holdings, Inc. does not have any employees, does not contract with providers and does not practice medicine.