National Partners In Healthcare (NPH), a leading national healthcare organization specializing in best-in-class anesthesiology services, has announced a significant expansion through a new partnership with Medstream Anesthesia. This strategic move brings Medstream’s extensive network of over 700 providers into the NPH fold, significantly boosting NPH’s national presence and service capabilities.
This partnership adds substantial scale to NPH, incorporating Medstream’s operations across 61 facilities in 12 states and covering an impressive 216,000 annual cases. The integration also includes a wealth of experienced personnel, with 59 Chief CRNAs, 59 Medical Directors, and 90 practice management professionals joining the NPH team. This expansion firmly positions NPH as one of the foremost anesthesia companies in the United States.
The combined entity now boasts a significantly enhanced market footprint, covering nearly 500,000 cases annually across more than 220 facilities in 17 states, supported by over 1200 providers. This expanded scale allows National Partners in Healthcare to offer unparalleled quality anesthesia services and drive improved operational efficiencies for healthcare institutions and patients across a wider geographical area than ever before.
Dr. Kenneth Ellington, Co-Founder & President of Medstream, expressed enthusiasm about the partnership, stating, “We are very excited about partnering with NPH and what the future holds for quality and efficient anesthesia services. Both companies have historically experienced impressive growth year over year. With a successful track record combined with anesthesia expertise, parallel values and aligned goals for the future, the decision was straightforward.”
Echoing this sentiment, Douglas Ellington, Co-Founder & President of Summit Billing, highlighted the strategic alignment, “When we were looking for the right partner, NPH’s core values, commitment to developing a growing elite anesthesia practice and proven track record made it an easy decision for us. NPH’s expertise in quality programs and back-office operations is a beneficial resource to our already established programs. We look forward to the future for rapid growth with this Partnership”.
Mike Saunders, CEO of NPH, emphasized the mutual benefits of this collaboration, “We continue to establish mutually beneficial Partnerships by collaborating with high quality anesthesia providers like Medstream Anesthesia. We are proud to have the respected MedStream Leadership Team with an enduring reputation for delivering superior outcomes and highest standard of clinical quality as members of the NPH team. Their dedication to clinical excellence blended with NPH’s management and operational expertise is the ideal combination.”
About National Partners in Healthcare
National Partners in Healthcare (NPH) is dedicated to delivering best-in-class anesthesiology services on a national scale. NPH focuses on partnering with leading anesthesiologists and CRNAs, providing them with the resources, expertise, and sustainable solutions necessary for thriving medical practices. While benefiting from NPH’s extensive support network, anesthesiology partners retain their practice autonomy, ensuring the continued delivery of the highest quality patient care. For further details, please visit www.nphllc.com.
NPH operates as a joint venture between Archimedes Health Investors LLC, a private equity firm specializing in healthcare investments, and Assured Healthcare Partners® (AHP®), a private equity firm providing strategic capital solutions for growth and consolidation within the healthcare services sector. More information about AHP is available at www.ahpartners.com.
Legal counsel for National Partners in Healthcare was provided by Rebecca Brophy, Tom Zahn, and Holly Buckley of McGuireWoods LLP. SVB Securities acted as the exclusive financial advisor to Medstream in this transaction. Medstream Anesthesia received legal advice from Robert Hamill and Alec Mercolino of Hall Render Killian Heath & Lyman PC.
