Team Health Holdings, Inc. provides outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. It recruits and contracts with healthcare professionals who then provide professional services in third-party healthcare facilities. The company offers a range of services, including recruiting, scheduling, and credential coordination of clinical and non-clinical medical professionals; coding, billing, and collecting fees for services provided by medical professionals; administrative support services, such as payroll, professional liability insurance coverage, continuing medical education services, and management training; claims and risk management services; and standardized procedures and operational consulting, as well as provides experienced medical directors. It offers outsourced physician staffing and administrative services in emergency medicine; hospital medicine; anesthesiology; inpatient services; scribes; ambulatory care; pediatrics; post-acute care; and other healthcare services. The company also offers healthcare management physician-related services; and non-physician staffing services, such as para-professional providers, nursing, specialty technicians, and administrative staffing to military and government facilities. In addition, it provides medical call center services, such as physician after-hours call coverage, community nurse lines, emergency department advice calls, physician referral, class scheduling, appointment scheduling, and Web response. The company serves approximately 3,400 civilian and military hospitals, clinics, and physician groups in 47 states through healthcare professionals, such as physicians, physician assistants, nurse practitioners, certified registered nurse anesthetists, and registered nurses. Team Health Holdings, Inc. was founded in 1979 and is headquartered in Knoxville, Tennessee.
Blackstone to buy TeamHealth in $6.1 billion deal http://finance.yahoo.com/news/blackstone-buy-teamhealth-6-1-124608045.html
I guess this company has a lot of debt, so the price to shareholders is closer to $3.4B? Seeing a different price in another headline.