| |
Founded by emergency medicine physician groups in Colorado, Florida, Maryland and Ohio, and capital partner Welsh, Carson, Anderson, & Stowe, USACS is committed to the principle that high-quality patient care and the best hospital partnerships result when physicians maintain ownership and management of their practice.
SSEP emergency medicine clinicians provide care to approximately 110,000 patients annually at two hospital emergency departments in the Washington, D.C. metro area.
“USACS Mid-Atlantic is very pleased to welcome SSEPs’ physicians into our coalition. We’ve been practicing in the same region as colleagues, neighbors and friends for many years, and now I’m proud to call them fellow owners of USACS,” said Angelo Falcone MD, president, USACS Mid-Atlantic.
“As physician-owners of SSEP, we were committed to the same bedrock principles as USACS,” said James A. DelVecchio MD, president, SSEP. In a sense, nothing changes, except that we’ve preserved our preferred way of practicing medicine for the long-term. So clearly, this is a great decision for our physicians, our hospital partners and, most importantly, our patients.”
The shareholders of SSEP have approved this transaction and will join USACS Mid-Atlantic December 1, 2016.
About USACS
Founded by emergency medicine physician groups in Colorado, Florida, Maryland and Ohio and capital partner Welsh, Carson, Anderson & Stowe, USACS (usacs.com) is the national leader in physician-owned emergency medicine, hospitalist and observation services. USACS provides high-quality care to over 4 million patients annually at approximately 120 locations in 21 states, and is aligned with leading hospital systems across the country.
About SILVER SPRING EMERGENCY PHYSICIANS
SSEP (silverspringemergencyphysicians.com) clinicians treat approximately 110,000 patients annually at two emergency departments in the Washington, D.C. area.
About Welsh, Carson, Anderson & Stowe
Welsh, Carson, Anderson & Stowe (welshcarson.com) focuses its investment activity in two target industries: healthcare and information/business services. Since its founding in 1979, the firm has organized 16 limited partnerships with total capital of $23 billion. The firm is currently investing Welsh, Carson, Anderson & Stowe XII, L.P.
|