[June 27, 2014] |
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Northeast Houston Anesthesia Group Joins Greater Houston Anesthesiology in Partnership with U.S. Anesthesia Partners
FT. LAUDERDALE, Fla. --(Business Wire)--
U.S. Anesthesia Partners, Inc. ("USAP"), an anesthesia-focused physician
services organization, today announced a new partnership with a group of
approximately 30 anesthesia providers serving the Northeast Houston
market. Terms of the transaction were not disclosed.
The anesthesiologists and 9 anesthetists, who will join USAP as the
Northeast Houston Division of GHA, are the exclusive providers of
anesthesia services at Kingwood Medical Center, Memorial Hermann
Northeast Hospital and Memorial Hermann Surgical Hospital Kingwood. In
connection with this new partnership, the Division will become part of
Greater Houston Anesthesiology ("GHA"), which is one of the founding
practices of USAP along with Pinnacle Anesthesia, which serves the
Dallas/Fort Worth area and JLR Medical Group, which serves Central
Florida.
"We are pleased to welcome our new physician partners in Northeast
Houston, an important, high growth area of the Houston market," said
Kris Bratberg, Chief Executive Officer of USAP. "These physicians are
well positioned in this part of Houston as the exclusive anesthesia
providers at two prominent acute care facilities and an ASC (News - Alert). This
transaction is consistent with our strategy of partnering with high
quality groups in the markets we serve, suporting them with our
investments in infrastructure, allowing them to collaborate with other
USAP physicians and positioning them for continued growth and success in
their markets."
"GHA is happy to welcome the Northeast Houston team of anesthesia
providers into U.S. Anesthesia Partners. This area of Houston is highly
desirable and the opportunity to partner with the premier anesthesia
practice in that community is tremendously exciting to us," Said Dr.
Gary Flores, Chairman of GHA. "We look forward to working with our new
partners as we continue to build our practice in Houston."
"Partnering with GHA and USAP, one of the leading anesthesiology groups
in the country, will position our group for continued success," said Dr.
Dai Lu, one of the physician leaders in the Northeast Houston Division.
"We look forward to adding to GHA's excellent reputation as clinicians
who are singularly focused on providing high quality of care to
patients, and leveraging USAP's resources to help us meet the increasing
demands of the large hospital systems and payers we serve in our
community."
"Anesthesiologists nationwide are looking to invest in IT and other
initiatives to improve the care and value they deliver to their hospital
customers," said Michael Holland, Chief Development Officer of USAP.
"USAP helps anesthesiologists improve care, reduce costs, and better
communicate their performance, all of which will be critical under
bundled payment structures such as those found in ACOs."
About U.S. Anesthesia Partners
U.S. Anesthesia Partners is a single-specialty physician services
organization that offers collaborative partnerships and practice
management services to anesthesiologists. USAP identifies and
collaborates with leading, quality groups of anesthesiologists who seek
continued clinical autonomy, and a strategic partner with the resources
and expertise to invest in their practice support infrastructure and
position them for growth and continued success within their markets.
USAP's financial sponsor is Welsh, Carson, Anderson & Stowe. Its
founding practices include Greater Houston Anesthesiology, Pinnacle
Anesthesia, and JLR Medical Group. Key elements of USAP's business model
are its single-specialty focus, ability to offer anesthesiologists
equity ownership in USAP and its clinical governance structure which
allows its physician partners to maintain continued control over their
clinical practices.

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