INSIGHT

Anesthesia Resources (“AR”), a leading anesthesia practice in Phoenix’s East Valley Area, has joined National Partners in Healthcare (“NPH”), a national healthcare organization delivering best in class anesthesiology services. AR provides anesthesia services to three hospitals and seven surgery centers. Provident Healthcare Partners (“Provident”) served as exclusive financial advisor to Anesthesia Resources. The terms of the transaction were not disclosed.

“The team at Anesthesia Resources has built a well-respected and differentiated platform that is poised for growth and expansion. With NPH as a partner, AR is poised to take advantage of several growth opportunities in the greater Phoenix market,” stated AJ Shekar, Vice President at Provident.

“For the past 20 years, Anesthesia Resources has built its reputation as the best in class anesthesiology practice by providing the very best care to its patients in healthcare facilities throughout Greater Phoenix. This level of care has attracted additional growth opportunities that the partnership with NPH will allow them to execute on,” commented Steven Aguiar, Managing Director at Provident.

About Anesthesia Resources
AR was created in 1996 through a reorganization of its predecessor organization, Tri-City Anesthesia, Inc., as an all-physician anesthesia group providing a full spectrum of inpatient and outpatient anesthesia in Maricopa County’s “East Valley.” Since then, AR has been the leading anesthesia group clinically in the East Valley and within local medical leadership. For more information, visit http://www.anesthesia-resources.com/.

About National Partners in Healthcare
NPH is a national healthcare organization delivering best in class anesthesiology services. NPH is dedicated to partnering with high quality anesthesiologists and CRNAs providing the expertise, resources, and long-term sustainable solutions to their medical practices. NPH’s anesthesiology partners retain full autonomy of their practice while collaborating with each NPH clinical team to achieve and deliver the highest quality patient care. For more information, www.nphllc.com.

About Provident Healthcare Partners
Provident is the leading investment banking firm specializing in merger and acquisition advisory, strategic planning, and capital formation for healthcare companies. The firm has a comprehensive knowledge of market sectors and specialties, including the anesthesia sector. Provident also has unsurpassed experience and insight into the M&A process, which includes working with a number of buyers such as private equity firms and strategic groups. For more information, visit www.providenthp.com.

Contact:
Provident Healthcare Partners
Gina Casiello
877-742-9800

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  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”

  • “Provident’s depth of experience and practical business savvy was demonstrated in their ability to cut through what sometimes looked like impasse.”

  • “A lot of investment bankers were interviewed, Provident was chosen. Provident delivered. My clients could not be happier.”

  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”

  • “While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction.  Provident was the right choice for Cascade and I would recommend their services to anyone.”

  • ”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”

  • “We would not have been successful navigating the process without Provident’s hard work and active participation. They exceeded our expectations and we would highly recommend them to any health care company seeking a knowledgeable and engaged investment banking firm.”