AmSurg (AMSG) Unit Acquires Two SoCal Practices

September 8, 2016 7:03 AM EDT

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Sheridan, the Physician Services division of AMSURG Corp. (Nasdaq: AMSG), has further expanded its anesthesiology services business and entered the Southern California market with its acquisition of Ambulatory Anesthesia Associates, Inc. (AAA) and Genesis Anesthesia Services, Inc. (Genesis). The combined group employs 27 physicians covering six independent facilities, with Marina Del Rey Hospital representing its largest relationship.

Robert J. Coward, President of Physician Services, noted, “Sheridan’s acquisition of AAA and Genesis represents an important expansion of our ambulatory anesthesia business, provides initial entry into the Southern California market and further strengthens our presence in California as a whole. We are proud this outstanding group of clinicians has chosen Sheridan as its partner in delivering excellent patient care and outstanding service to client surgical facilities.”

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AMSG So Cal additions
MJ Milliner on 2016-09-10 16:34:18
Mark as Spam | Reply to this comment

Still doesn't answer the question of what they paid for them?? Have they not exceeded their 2016 acquisition budget of $300M?

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