(Reuters) – Envision Healthcare Holdings Inc and AmSurg Corp have agreed to an all-stock merger that would create a healthcare service provider with a proforma market value of about $10 billion, the companies said on Wednesday. The deal comes at a time when consolidation among health insurers and hospitals is placing downward pressure on costs […]
AmSurg
AmSurg spikesTeamHealth buyout bid
(Reuters) — AmSurg (NSDQ:AMSG) yesterday withdrew its offer to buy TeamHealth Holdings (NYSE:TMH), after its revised bid was rejected by the medical staffing company. AmSurg said it decided to drop the bid as the TeamHealth board had refused to engage in discussions. TeamHealth said earlier yesterday that the revised proposal undervalued the company. AmSurg had raised the cash component of its […]
Medical staffing company TeamHealth rejects AmSurg’s revised offer
(Reuters) — Medical staffing company TeamHealth Holdings today rejected AmSurg‘s revised buyout offer that, despite an increase in the cash component, was lower than AmSurg’s previous offer. A deal would make the combination a leading provider of medical staff such as radiologists, anesthesiologists and physicians for ambulatory surgery and primary care. Earlier today, AmSurg had raised the cash […]
AmSurg makes $5.3B bid to combine with TeamHealth
(Reuters) — AmSurg proposed a $5.3 billion merger with TeamHealth Holdings Inc as it looks to add heft to its business that provides doctors to hospitals and other healthcare services. AmSurg, which revealed on today that private merger talks with TeamHealth fell through in September, said it had gone public with the offer to persuade TeamHealth […]