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TeamHealth Acquires Florida Emergency Physicians

Press Release

TeamHealth Holdings Inc. (NYSE:TMH), a leading physician services organization, announced the acquisition of Florida Emergency Physicians (FEP). Based in Orlando, Florida, FEP is the exclusive emergency medicine staffing provider for 11 facilities spanning five counties within the Florida Hospital health system. FEP comprises approximately 150 physicians and 100 advanced practice clinicians who provide care for 600,000 patients each year.

“FEP has proudly served the Florida Hospital system since its founding in 1969,” said Jorge Lopez, MD, president and CEO of FEP. “Our long-standing history of providing excellent patient care and exemplary service paired with TeamHealth’s reputation for quality emergency medicine staffing services is a natural fit and forges a partnership that will build upon the strengths of both organizations. We look forward to continuing to deliver excellent emergency care in a state-of-the-art environment for the citizens and visitors of Central Florida.”

“FEP has been a true partner with Florida Hospital for many years while caring for patients. In the end, it is the quality and commitment of the people that make the difference. Our team remains the same as we create a strong and growing framework for a bright future. We look forward to continuing this journey side by side with the new FEP and TeamHealth partnership,” said Daryl Tol, president and CEO, Florida Hospital and Adventist Health System’s Central Florida Region.

“Our relationship with FEP and Florida Hospital underscores our commitment to partnering with high-quality physician groups and hospital systems,” said Leif Murphy, TeamHealth president and CEO. “We are pleased to align with FEP—an outstanding group with a 45-year history of providing quality emergency medicine services throughout Central Florida. We are pleased to join forces with Florida Hospital—a premier hospital system in Florida and one of the finest hospital systems in the country.”

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 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.