TeamHealth Holdings (TMH) Acquires Orlando-Based FEP

October 3, 2016 4:07 PM EDT

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TeamHealth Holdings Inc. (NYSE: TMH) 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."

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