An emergency medicine group providing physician staffing services to hospital emergency departments.
Acquired by Sun Capital Partners2017-12-01
Emergency physician staffing with focus on rural and community hospitals
Emergency physician staffing will be reduced, with more RNs replaced by LPNs and aides to cut labor costs
The company will likely sell the real estate of the hospitals it staffs and lease it back, extracting equity for investors
Aggressive billing practices will emerge, with more procedures and diagnoses coded at higher reimbursement levels
Certain essential but unprofitable services like rural emergency care or psychiatric emergency care will be cut or reduced
Patients will experience longer wait times, shorter appointment times, and a noticeable decline in the quality of emergency care
Cosmetic changes, 'optimization' announcements, and leadership shuffles
Staffing cuts begin under the guise of 'efficiency' programs, and service reviews are conducted
Service quality noticeably declines, with longer wait times and reduced availability of specialized emergency services
Major issues emerge, such as the closure of emergency departments in rural and community hospitals
Potential bankruptcy, widespread hospital closures, or a fire sale to another operator
Other companies that followed a similar path after PE acquisition
Be aware of potential changes in the quality of emergency medical care, such as longer wait times, shorter appointments, and reduced availability of specialized services
If you or a loved one requires emergency care, consider alternative providers or hospitals that may not be affected by these changes
Stay informed about any public reports or news regarding the performance and quality of Emergency Medicine Physicians and the hospitals it staffs
Community-focused healthcare
Integrated managed care consortium