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Sheridan Emergency Physician Services Inc history
Sheridan Emergency Physician Services Inc company history timeline
By 2005 it was the largest ER outsourcer in the United States with roughly 300 client hospitals in 39 states and $550 million in sales.
The company was renamed Envision and went public again in 2013, raising $1.1 billion, giving it a market cap of $4 billion.
One way Envision hoped to cut out-of-network revenue—without taking a hit to its bottom line—was to try to get EmCare's doctors contracted at the same rates as doctors who worked for Sheridan, another outsourcing company Amsurg bought in 2014.
A competitor, TeamHealth, was taken private by Blackstone for $6.1 billion in early 2017.
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