Envision Healthcare acquires Michigan emergency medicine group

Greenwood Village, Colo.-based Envision Healthcare finalized its acquisition of Ann Arbor, Mich.-based Emergency Physicians Medical Group, a 500-provider group that staffs 37 facilities across six states.

Advertisement

The group’s annual revenue — estimated at $140 million — will be immediately accretive to Envision’s earnings, and the anticipated incremental earnings contribution will be added to Envision’s 2016 guidance.

EPMG clinicians work in emergency and hospital medicine departments and urgent care centers across Michigan, Ohio, Illinois, Indiana, Iowa and Delaware. The group also offers community paramedicine programs and telemedicine services.

Envision bought EPMG as part of its strategy to build centers of healthcare excellence in specific geographic locations, Envision’s President, CEO and Chariman William Sanger said in a March statement.

 

More articles on integration and physician issues:

UA Phoenix medical school names interim dean
4 healthcare organizations win grant for physician-led medical professionalism project
VA partners with Rochester Regional Health for veteran inpatient psychiatric care

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Integration & Physician Issues

Advertisement

Comments are closed.