The ambulatory surgical center company, looking to bulk up as the industry consolidates, offered to pay $5.3 billion for the merger and to back TeamHealth’s recent acquisition of North Hollywood, Calif.-based IPC Healthcare for $1.4 billion, according to the report.
The combined company — which would include 1,200 healthcare facilities and 20,000 clinicians — would continue under the TeamHealth name and be led by AmSurg CEO Christopher Holden, according to the report.
TeamHealth reportedly denied the cash-and-stock offer because it undervalued the company, according to Reuters.
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