Team Health Holdings Inc. (NYSE: TMH) agreed to buy Premier Physician Services, underscoring the continuing consolidation of doctor groups.
Based in Dayton, Ohio, Premier consists of more than 700 physicians and advanced practice clinicians that provide emergency, correctional care and occupational medicine services and staffing. The company says it provides care for more than one million patients annually. The transaction for undisclosed terms closed on October 21. Edgemont Capital Partners advised Premier on the sale.