Emergency Medicine Physicians (“EMP”), one of the nation’s largest emergency medicine providers, and Welsh, Carson, Anderson & Stowe (“WCAS”), a leading healthcare investment firm, today announced the establishment of US Acute Care Solutions (“USACS”). USACS will be majority-owned by physicians and is focused on building a national leader in emergency medicine and hospitalist services. EMP’s Medical Group and management services organization will become the foundation for USACS.
“The creation of US Acute Care Solutions puts physician ownership front and center in a unique partnership with strong operational capabilities and an experienced capital partner in WCAS,” said Dominic Bagnoli, MD, Chief Executive Officer, EMP and USACS. “This new company provides us with a great opportunity to grow our practice and strengthen our values of high quality patient care and physician ownership. Our new partner, WCAS, embraces those values, and has a proven track record of partnering with physicians and major integrated delivery systems to build market leaders, like they’ve done with US Anesthesia Partners, United Surgical Partners, US Oncology and many others.”
Founded in 1992, EMP is one of the largest physician-owned emergency medicine practices in the country, with more than 900 doctors and 400 advanced practice providers. EMP provides high quality emergency care to over 2.7 million patients each year at 72 hospitals in 16 states, and is aligned with leading hospital systems across the country. Its innovative PhysicianFirst emergency room management system demonstrably shortens “door to doctor” times, reduces left without being seen rates and improves patient satisfaction. EMP also supports its clinicians with meaningful continuing education and training, like its Patient Satisfaction Academy, and develops its next generation of physician leaders with its Scholars Program. – less