M&A Deal Summary

Team Health Acquires Spectrum Healthcare Resources

On May 1, 2002, Team Health acquired staffing company Spectrum Healthcare Resources

Acquisition Highlights
  • This is Team Health’s 1st transaction in the Staffing sector.
  • This is Team Health’s 1st transaction in the United States.
  • This is Team Health’s 1st transaction in Missouri.

M&A Deal Summary

Date 2002-05-01
Target Spectrum Healthcare Resources
Sector Staffing
Buyer(s) Team Health
Deal Type Add-on Acquisition

Target

Spectrum Healthcare Resources

St. Louis, Missouri, United States
website
Spectrum Healthcare Resources, Inc. is a major provider of permanent healthcare professional staffing services to military healthcare facilities. SHR currently provides over 3,125 healthcare professionals, including physicians, para-professionals, nurses, specialty technicians and administrative support personnel, to its 61 hospital and 31 free-standing clinic clients in 33 states. These providers and support personnel deliver a wide range of healthcare services to active duty and retired military personnel, and the dependents of both groups.

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Buyer(S) 1

Buyer

Team Health

Knoxville, Tennessee, United States

website


Category Company
Founded 1979
Sector Staffing
Employees18,800
Revenue 3.6B USD (2015)
DESCRIPTION
Team Health's corporate headquarters in Knoxville, Tennessee.
Team Health's corporate headquarters in Knoxville, Tennessee.

Team Health is a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. Team Health was formed in 1979 and is based in Knoxville, Tennessee.


DEAL STATS #
Overall 1 of 39
Sector (Staffing) 1 of 9
Type (Add-on Acquisition) 1 of 37
State (Missouri) 1 of 2
Country (United States) 1 of 39
Year (2002) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-08 Anesthetix Holdings

Palm Beach Gardens, Florida, United States

Anesthetix Holdings LLC is a nationally recognized provider of comprehensive anesthesiology and pain management services for hospitals and surgery centers throughout the United States. Working with more than 180 providers in 10 states, Anesthetix has developed a unique service platform sought after by both healthcare providers and healthcare managers alike.

Buy -