A February 20, 2018 issue of Modern Healthcare reported on a letter that Consolidation throughout the healthcare industry was increasing costs by driving more care from private offices to the more expensive location of hospitals, the Physicians Advocacy Institute warned in a letter to Congress. Healthcare organizations have been joining forces to try to get ahead of the… Read More
From Modern Healthcare, October 31,2016 which reported on the private purchase of Team Health by the Blackstone Group. With roughly 19,000 physicians and $80M in earnings, there are likely big changes in store for TeamHealth. Physician-staffing giant TeamHealth has agreed to be purchased by affiliates of the Blackstone Group for $6.1 billion. The Blackstone price… Read More
TeamHealth is one of the nation’s largest physician-staffing companies with 19,000 physicians, Merging hospitalists into a company primarily composed of emergency physicians is proving to be challenging. Team Health bought IPC in November 2015 for $1.6 billion. IPC was noted to have higher physician turnover and offers a different salary structure than does Team Health. TeamHealth reportedly has 3,400… Read More
