AMSURG’s Physician Services Division – Sheridan – Acquires AllegiantMD, Inc.
July 05 2016 - 7:00AM
Business Wire
Sheridan, the Physician Services division of AMSURG Corp.
(NASDAQ:AMSG), today announced the acquisition of AllegiantMD, Inc.
and certain affiliated entities. AllegiantMD is the leading
provider of onsite and remote-read subspecialized radiology
services in the Tampa, Florida, market. AllegiantMD employs 43
radiologists serving 18 facilities, with the majority of its
services provided to Hospital Corporation of America and Community
Health Systems acute care hospitals.
Ellis Norsoph, MD, CEO of AllegiantMD, commented, “We are very
excited to join the Sheridan team and to play an integral role in
their continued growth as the nation’s premier and largest hospital
based radiology provider. Through our combined development of
market-changing information technologies, we plan to expand our
vision of the future of radiology services throughout the national
healthcare market to augment the clinical excellence of Sheridan’s
other hospital based medical services.”
AllegiantMD will join Sheridan’s existing roster of over 300
Fellowship Trained, Board Certified radiologists, who cover 150
facilities across 22 states. The combination will account for
almost six million radiology interpretations on an annualized
basis, primarily delivered through exclusive contracts with
hospitals and imaging centers. Sheridan radiologists cover all
subspecialty designations with 100% U.S.-based providers and offer
24/7/365 radiology-read capabilities.
Robert Coward, President of Sheridan and Chief Development
Officer for AMSURG, commented on the acquisition, “We are proud to
combine with AllegiantMD and its exceptional physicians. The
acquisition further extends our ability to deliver the highest
quality, most efficient and comprehensive radiology solutions to
our hospitals nationwide.”
About AMSURG
AMSURG’s Ambulatory Services Division acquires, develops and
operates ambulatory surgery centers (ASCs) in partnership with
physicians throughout the U.S. AMSURG’s Physician Services
Division, Sheridan (which includes its affiliates), provides
outsourced physician services in multiple specialties to hospitals,
ASCs and other healthcare facilities throughout the U.S., primarily
in the areas of anesthesiology, radiology, children’s services and
emergency medicine. Through these businesses as of March 31, 2016,
AMSURG owned and operated 256 ASCs and one surgical hospital in 34
states and the District of Columbia and provided physician services
to more than 450 healthcare facilities in 29 states. AMSURG has
partnerships with, or employs, over 5,000 physicians and other
healthcare professionals in 38 states and the District of
Columbia.
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version on businesswire.com: http://www.businesswire.com/news/home/20160705005346/en/
AMSURGClaire M. Gulmi, 615-665-1283Executive Vice President and
Chief Financial Officer
Amsurg Corp. (NASDAQ:AMSG)
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