Who owns TeamHealth Holdings (TMH)?

Share It TeamHealth Holdings, Inc. (“TeamHealth” or the “Company”) (NYSE: TMH), a leading physician services organization, today announced that it has entered into a definitive agreement to be acquired by funds affiliated with Blackstone, a leading global asset manager, and certain co-investors in a transaction valued at approximately $6.1 billion.

Who is Team Health Holdings?

Team Health Holdings, Inc., stylized as TeamHealth, is a physician practice in the U.S. founded in 1979 and based in Knoxville, Tennessee, pursuing medical outsourcing.

What happened to TeamHealth?

In 1986, the two companies merged. Over the years, other physicians, Dr. Gar LaSalle, Dr. James Rybak and Dr. Jim George, and their clinical groups joined TeamHealth and are now considered founders of the company. As of 2015, TeamHealth contracted more than 18,000 health professionals and handled about 10 million emergency room visits per year.