TeamHealth Holdings (TMH) Tops Q2 EPS by 1c

Team Health Holdings, Inc. Announces Second Quarter 2015 Financial Results

August 4, 2015 8:15 AM EDT

KNOXVILLE, Tenn., Aug. 4, 2015 /PRNewswire/ --

Second Quarter 2015 Highlights:

Net Revenue increased to $878.0 million; 30.1% over second quarter of 2014 Net earnings attributable to Team Health Holdings, Inc. ("Net earnings") were $28.9 million; $51.2 million after adjustments Diluted net earnings per share of $0.39; Adjusted EPS of $0.70 Adjusted EBITDA increased 15.2% to $99.4 million

2015 Outlook:

Projected 2015 net revenue growth increased to a range of 24.0% to 26.0%; Adjusted EBITDA margin remains between 10.5% and 11.0%

Agreement with IPC Healthcare:

Company enters... More

TeamHealth to Acquire IPC Healthcare for $1.6 Billion, Creating Leading Physician Services Organization

August 4, 2015 8:15 AM EDT

KNOXVILLE, Tenn. and NORTH HOLLYWOOD, Calif., Aug. 4, 2015 /PRNewswire/ -- Team Health Holdings, Inc. ("TeamHealth" or the "Company") (NYSE: TMH), a leading provider of outsourced physician staffing solutions for hospitals in the United States, today announced a definitive agreement to acquire IPC Healthcare Inc. ("IPC Healthcare") (Nasdaq: IPCM), a leading national acute hospitalist and post-acute provider organization, in an all-cash transaction with an enterprise value of approximately $1.6 billion or $80.25 per share. The boards of directors of both companies have approved the transaction.

"We are excited to announce... More

TeamHealth Acquires Brookhaven Anesthesia Associates; Expands New York Presence

August 3, 2015 4:05 PM EDT

KNOXVILLE, Tenn., Aug. 3, 2015 /PRNewswire/ -- Team Health Holdings, Inc. (NYSE: TMH), a leading provider of outsourced physician staffing solutions for hospitals, announced the acquisition of the operations of Brookhaven Anesthesia Associates. Based in Patchogue, New York, Brookhaven Anesthesia Associates has staffed and provided anesthesia services at Brookhaven Memorial Hospital Medical Center for 25 years and also serves four surgery centers in the surrounding community. This new relationship will add more than 30,000 annual anesthesia cases to TeamHealth's existing anesthesia operations. ... More