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TeamHealth Expands New Jersey Presence; Acquires Princeton Emergency Physicians

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TeamHealth Holdings Inc. announced the acquisition of the operations of Princeton Emergency Physicians (PEP). Based in Princeton, New Jersey, PEP provides care to approximately 48,000 patients each year through staffing and management of the emergency department at the University Medical Center of Princeton at Plainsboro.

“Since 1966, PEP has proudly provided emergency care to more than one million patients,” said Craig Gronczewski, MD, MBA, chairman, department of emergency medicine, University Medical Center of Princeton at Plainsboro and past president, medical staff of Princeton HealthCare System. “As the national healthcare system continues to transform, we look forward to partnering with TeamHealth—an organization that shares our commitment to advancing excellent patient care—as we continue to exceed the expectations of our patients, inspire and impassion our staff, and provide superior emergency care to those who entrust us with their health.” “PEP and University Medical Center of Princeton at Plainsboro have a strong reputation for providing exceptional service and care to patients and their families,” said Michael D. Snow, president and CEO of TeamHealth. “We look forward to supporting PEP as they continue to provide quality patient care and excellent service to the community.”

About TeamHealth

TeamHealth (Knoxville, Tennessee ) (NYSE: TMH) is a leading provider of outsourced physician staffing solutions for hospitals in the United States. Through its 21 regional locations and multiple service lines, TeamHealth’s more than 13,000 affiliated healthcare professionals provide emergency medicine, hospital medicine, anesthesia, urgent care, and pediatric staffing and management services to approximately 990 civilian and military hospitals, clinics, and physician groups in 47 states. In 2015, TeamHealth was named among “The World’s Most Admired Companies” by Fortune magazine and among “150 Great Places to Work in Healthcare” by Becker’s Hospital Review. In 2014, TeamHealth was named among “America’s 100 Most Trustworthy Companies” by Forbes magazine. The term “TeamHealth” as used throughout this release includes TeamHealth and all of its related entities, divisions, subsidiaries and affiliated physicians and physician groups. For more information about TeamHealth, visit 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.