Team Health Holdings, Inc., a leading provider of outsourced physician staffing solutions for hospitals in the United States, announced a definitive agreement to acquire IPC Healthcare Inc., a leading national acute hospitalist and post-acute provider organization. The deal includes an all-cash transaction with an enterprise value of approximately $1.6 billion or $80.25 per share. The combined company will have 15,000 health care professionals nationwide. IPC Healthcare provides services in approximately 2,000 post-acute facilities across 28 states. The acquisition is expected to close during the fourth quarter of 2015.
This was reported by PRNewswire on August 4, 2015.
Contact Information: Patricia Ball, Senior Vice President, Strategic Resources Group, Team Health, 265 Brookview Centre Way, Suite 400, Knoxville, TN 37919; 800-818-1498; E-mail: email@example.com; Website: www.teamhealth.com